Warner Music Group is going live on the NASDAQ today. Warner are offering 77 million class A shares at $25 a share. If Warner opens up at $25 per share that means they will have a $12.8 billion valuation. It’s…
Uber have no COO, CTO or CPO as their executive team keep leaving the company. These changes happen quite frequently at very large companies, but it seems strange they all these positions are now empty and executives keep leaving. I…
Here is the key difference. Alibaba is a marketplace. They do not own the inventory of the merchandise sold. They put buyers and sellers together. Buyer and seller agree on terms online via their platform or offline. Amazon’s main business…
The first company I know to publish the salary of every staff member was Buffer. Buffer have long had an open policy on their wage algorithm. Buffer recently updated their wage algorithm – you can see the full google spreadsheet…
Short Answer: NO – I doubt it. Airbnb was in a good position to IPO at the end of last year, but seemed to push it back. Since then the follow has happened: Coronavirus has all but stopped their business.…
It depends. Producers can receive some music publishing royalties if that is what is negotiated in the publishing agreement. Sometimes high end producers will insist on taking a percentage of the tracks that they produce.
Microsoft buying Wunderlist seemed to fit nicely with the business productivity suite that Microsoft has developed over many year. The Wunderlist acquisition was only $150 million and it sounds like a lot, but it is only 0.1% of Microsoft’s market…
In-and-Out remains a private company because it is hard to run a public company and there are limited upsides. Lynsi Snyder is the current owner and she is a billionaire without the stress of being public. Public companies require a…
(NRZ) New Residential Investment Corp have announced that because of the Coronavirus they are reducing their next dividend payment to $0.05. This now means that the yield will be around 5%. NRZ Dividend Rate
Quibi launches today. Price point: $4.99 Reason: Immersive video content on a mobile device. Funding: Quibi has raised over $1.8 billion in funding to date. I think it’s very easy to see that Quibi is being made by a bunch…
Twitch has seen a huge wave of growth in its viewership in most part due to coronavirus. Twitch wants to generate $1 billion in ad revenue and commerce this year, according to The Information. The company reportedly delivered about $300 million in…
