LATech Digest
@LATechDigest
LA / Silicon Beach tech & entertainment news.
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Some news: Today is my first day at the Wall Street Journal! I'll be reporting from L.A., tracking big California stories and digging into the nexus between politics and tech. Really excited to get started. For coffees, tips, ideas, gossip, etc., I'm at [email protected].
Wow, what a piece of shit company. businessinsider.com/bird-silicon-v…
businessinsider.com
Bird, once primed to be the Uber of electric scooters and valued at $2.5 billion, just filed for...
Bird said on Wednesday that it has filed for Chapter 11 bankruptcy in Florida after several years of financial problems.
Scooter company Bird delisted from NYSE after stock collapse, will trade over the counter cnbc.com/2023/09/22/sco…
The failure of #SVB $SIVB will have a HUGE effect on LA’s venture / startup / tech realm; I hope that LABJ & LAT do a deep dive on this and explain in great detail on the local ramifications.
The original Snapchat HQ, now for lease along the Venice Boardwalk
Bird Scooter founder lowers asking price on Bel-Air mansion realtor.com/news/celebrity…
realtor.com
Bird Scooter Founder Once Again Tries To Fly Away From His Bel-Air Nest
Travis VanderZanden, founder of the Bird scooter sharing service, has listed his pretty perch for the reduced price of $19.9 million.
Bird scooter raised $883M, the latest bit at a valuation of 2.5B in 2019, and is now a penny stock valued at $120M
The irony… businessinsider.com/ey-ethics-exam…
This is happening right outside @Snapchat’s first offices. Squatters (not homeless, squatters) call north of Rose Ave “Methlehem.” @mikebonin @ericgarcetti it is past time to clean this up. (CC: @RadioChio)
Three young men proudly admit to taking advantage of the lack of enforcement, in order to camp for free on the boardwalk. They are issued $60 tickets for camping on the beach, which are then being paid for by a homeless services center nearby.
SM-based @happyreturnsco acquired by @PayPal cnbc.com/2021/05/13/pay…
cnbc.com
PayPal to buy online returns start-up in its latest run at the retail shopping space
On Thursday, PayPal announced it would acquire Happy Returns for an undisclosed amount.
Per @TheHustle @YouTube is no rookie when it comes to building out creative platforms. In 2019, its creative ecosystem contributed: •~$16B to the US GDP (equivalent of 345k full-time jobs) •~$2B to the British GDP (30k jobs) •~$622m to the French GDP (15k jobs)
Bumble stumbles after quarterly earnings announcement, down 50% from IPO
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