"In its first ever release of financial results, the privately held firm said total revenue rose to $421.6 million from $198.3 million in the year-ago quarter as memberships jumped to 268,000 at the end of June from 128,000 a year earlier. Net losses jumped to $723 million over the second half of 2018 from $154 million a year earlier. Occupancy rates at locations increased 6 percentage points from last year’s second quarter to 84 percent. Operating margins, stripping out expenses, rose to 28 percent from 26 percent, the New York-based company said." ... "Minson said that if revenues based on June figures were extrapolated over a full year, WeWork would have a “run-rate” of $1.8 billion and is poised to surpass a pace of $2.3 billion by year’s end. WeWork provides office space in settings where services are shared for individuals to companies with more than 1,000 people, a segment that now accounts for one-quarter of its revenue." ... "WeWork said it has reduced capital expenditures through steps like a 20 percent cut in the cost per desk, or space one member occupies. This shows margins can be improved, it said. Cash and commitments of about $4 billion were available at the end of June. This included $500 million recently raised in China, a $1 billion subordinated convertible debt commitment from major investor SoftBank Group and $600 million in prior commitments from SoftBank." ... "If a company stumbles on such an enormous build-out it would be like tripping while in full sprint, he said. “The fall is likely to hurt.” WeWork has raised $8.1 billion from 12 funding rounds, according to website Crunchbase, more than half from SoftBank, in addition to $702 million in bonds whose sale in April forced the company to divulge its results because the security is public." #coworking #revenue #money #unicorns #pub

Another Swedish tech company unicorn! #unicorns #europe #nordic #fintech #startups #funding #pub

CB Insights and The New York Times team up to spot high-momentum startups. #unicorns #tech_companies #my_porn #lists #valuations #startups #funding #silicon_valley #best_of #guiltypleasures #pub

Our market map highlights which markets boast the most private companies with billion-dollar valuations. #unicorns #lists #my_porn #valuations #startups #tech_companies #funding #silicon_valley #best_of #guiltypleasures #pub

As Google nears 200 M&A deals since its YouTube acquisition back in 2006, we visualize the tech giant's top 10 acquisitions. #startups #acquisitions #lists #funding #valuations #best_of #guiltypleasures #my_porn #google #tech_companies #tech_giants #silicon_valley #unicorns #toread #pub

A real-time update of billion-dollar VC-backed exits. #funding #startups #acquisitions #unicorns #valuations #silicon_valley #lists #best_of #tech_companies #guiltypleasures #my_porn #pub

A real time update of all of Alphabet/Google's acquisitions. #startups #acquisitions #valuations #funding #lists #best_of #guiltypleasures #my_porn #google #tech_companies #unicorns #silicon_valley #pub

As Apple nears its its 100th M&A transaction since its acquisition of NeXT Computer in 1996, we visualize the Curpertino-based giant's top acquisitions. #startups #lists #valuations #acquisitions #funding #best_of #guiltypleasures #my_porn #apple #tech_giants #tech_companies #silicon_valley #unicorns #toread #pub

With Amazon on an M&A spree this year, we looked at its all-time largest deals in a visual timeline. #startups #lists #valuations #funding #acquisitions #best_of #guiltypleasures #my_porn #amazon #tech_companies #tech_giants #silicon_valley #unicorns #toread #pub

A look at Microsoft's acquisition activity, updated in real-time #startups #acquisitions #lists #microsoft #valuations #funding #best_of #guiltypleasures #my_porn #tech_giants #tech_companies #unicorns #silicon_valley #toread #pub

With the company's 2014 M&A pace being slightly ahead of its historical average and the company' focus on the cloud, we take a look at its historical acquisition activity. #startups #acquisitions #valuations #funding #lists #best_of #oracle #guiltypleasures #my_porn #tech_giants #tech_companies #unicorns #silicon_valley #toread #pub

#IPOs #2019_ipo_fest #pops #tech_companies #unicorns #stocks #pub

#stocks #IPOs #numbers #unicorns #tech_companies #2019_ipo_fest #pub

#2019_ipo_fest #stocks #IPOs #tech_companies #unicorns #pops #10_figures #pub

Investment bank Credit Suisse has started pitching US-based app owner Life360 ahead of its mooted ASX-listing.  #news #IPOs #unicorns #valuations #%i_legit_use_this #Australia #tech_companies #life360 #pub

Slack worth close to $25B it seems at $40+ stock price. It seems it did direct listing at $26. Last private valuation was $7.1B. Buttefield’s equity of Slack at $38 a share is $1.5B. — “The workplace collaboration company’s shares began trading at $38.50 on the New York Stock Exchange, up from a reference price of $26 that was set on Wednesday. That gave Slack a fully diluted valuation of $23.1 billion, more than triple its $7.1 billion valuation as a private company. In the weeks before the listing, investors had privately traded Slack’s shares at prices as high as $31.50 a share.” #IPOs #tech_companies #unicorns #slack #billionaires #public_companies #web_companies #pub

$185M at $2.585B post money. 7.15% stake. $2.4B pre-money. #series_funding #funding #series_d #unicorns #low_code #no_code #pub