Journals

Mary Ann Azevedo / TechCrunch: PermitFlow, which develops end-to-end workflow and automation software for construction permitting, raised a $31M Series A led by Kleiner Perkins  —  Kleiner Perkins led the Series A, which came just over a year after seed… Read More »PermitFlow, which develops end-to-end workflow and automation software for construction permitting, raised a $31M Series A led by Kleiner Perkins (Mary Ann Azevedo/TechCrunch)

David Jeans / Forbes: In a letter to Elon Musk, Rep. Mike Gallagher says SpaceX may be in breach of DOD contracts after sources say Starshield is inactive around Taiwan for US troops  —  Rep. Mike Gallagher, who led a… Read More »In a letter to Elon Musk, Rep. Mike Gallagher says SpaceX may be in breach of DOD contracts after sources say Starshield is inactive around Taiwan for US troops (David Jeans/Forbes)

Jordan Novet / CNBC: Filing: Google said Microsoft offered to sell Bing to Apple in 2018, but Eddy Cue said Microsoft had search quality issues and was investing less than Google  —  – In 2018, Microsoft offered to sell Apple… Read More »Filing: Google said Microsoft offered to sell Bing to Apple in 2018, but Eddy Cue said Microsoft had search quality issues and was investing less than Google (Jordan Novet/CNBC)

Milana Vinn / Reuters: Sources: Broadcom is nearing a $3.8B deal to sell its end-user computing unit to private equity firm KKR  —  Chipmaker Broadcom (AVGO.O) is nearing a $3.8 billion deal to sell its business that allows users to… Read More »Sources: Broadcom is nearing a $3.8B deal to sell its end-user computing unit to private equity firm KKR (Milana Vinn/Reuters)

Dave Lee / Bloomberg: Reddit’s S-1 shows how dependent the site is on the unpaid labor of 60K active daily moderators and the whims of its users and subreddits like r/WallStreetBets  —  The company’s IPO prospectus makes clear how dependent… Read More »Reddit’s S-1 shows how dependent the site is on the unpaid labor of 60K active daily moderators and the whims of its users and subreddits like r/WallStreetBets (Dave Lee/Bloomberg)

Financial Times: How tensions between past and present leaders of Sequoia, which had a reputation for quiet competence, have spilled into the open with the Klarna boardroom spat  —  Tension between past and present leaders of Silicon Valley’s premier venture… Read More »How tensions between past and present leaders of Sequoia, which had a reputation for quiet competence, have spilled into the open with the Klarna boardroom spat (Financial Times)

Elizabeth Lopatto / The Verge: Many redditors say they are not enthused about Reddit’s IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable  —  There’s the mention of r/WallStreetBets.  (Five… Read More »Many redditors say they are not enthused about Reddit’s IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable (Elizabeth Lopatto/The Verge)

Paresh Dave / Wired: In Reddit’s S-1, Steve Huffman offers a look at the site’s beginnings without naming cofounder Alexis Ohanian, reflecting their schism during the BLM protests  —  Only one of Reddit’s two cofounders is named in a new… Read More »In Reddit’s S-1, Steve Huffman offers a look at the site’s beginnings without naming cofounder Alexis Ohanian, reflecting their schism during the BLM protests (Paresh Dave/Wired)

Dietrich Knauth / Reuters: FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG  —  Bankrupt crypto exchange FTX has settled… Read More »FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG (Dietrich Knauth/Reuters)

New York Times: How some news accounts on Instagram, including Mo News and Jessica Yellin, are gaining popularity even as the platform tries de-emphasizing political content  —  In this year’s presidential election, more people are turning to Instagram for news,… Read More »How some news accounts on Instagram, including Mo News and Jessica Yellin, are gaining popularity even as the platform tries de-emphasizing political content (New York Times)