Execs at Mobike, the bike sharing startup, are raising $20M to buy out the European business by end of June

Some big changes are afoot for Mobike, the Chinese bike-sharing company that was acquired by IPO-bound on-demand service startup Meituan-Dianping for $2.7 billion last year. Mobike executives in Europe are raising $20 million from outside investors as part of a plan to spin off the European operation. Under the deal, Mobike would not completely divest […]

#1 app YOLO Q&A is the Snapchat platform’s 1st hit

There’s a new teen app sensation. Anonymous question-asking app YOLO has rocketed to the #1 US app position with the help of Snapchat. Built on top of the Snap Kit platform, YOLO uses Snapchat for login and Bitmoji profile pics to let you add an “ask me anything” sticker to your Snapchat Story. Friends can […]

RedCircle’s latest feature makes it easy to tip podcast creators

A group of former Uber employees unveiled their podcasting startup RedCircle last week, and now they’re already launching new features — specifically the ability for listeners to make small tip payments to podcasters. RedCircle has created a web-based podcast player of its own, but CEO Michael Kadin (previously an engineering manager at Uber) said the […]

Watch the teaser trailer for HBO’s ‘Watchmen’ TV show

HBO has been releasing little glimpses of its adaptation of the classic graphic novel “Watchmen,” but now we’ve got a full teaser trailer. “Watchmen” has already been turned into a big-budget film by director Zack Snyder. While the movie was neither a disaster nor a big success, the results were still disappointing, since the original […]

A beautiful duopoly

Matt Oguz Contributor Matt Oguz is founding partner at venture/science, a San Francisco-based quantitative investment firm. More posts by this contributor Enrico Fermi and the future of venture capital When capital prefers venture over public markets One hundred and fifty years before John Nash received his Nobel prize, a train left Versailles for Paris. On […]

Google Play is changing how app ratings work

Two years ago, Apple changed the way its app store ratings worked by allowing developers to decide whether or not their ratings would be reset with their latest app update — a feature that Apple suggests should be used sparingly. Today, Google announced it’s making a change to how its Play Store app ratings work, […]