Reddit is eyeing a $15 billion IPO. Here’s how it became the giant cultural force it is today. The “front page of the internet” is determined to go public this year. Sam Klebanov 3.15.22 6:47 PM Features
Root vs. Lemonade: two insurtechs with cool apps but can either hit profitability? The two leading names in the insurtech sector both released fourth-quarter results last week. The upshot is they’re still facing challenges. Doug Bailey 3.1.22 8:43 PM Markets
“MoviePass 2.0” won’t rescue the movie industry from its shaky future Most theaters made it through the pandemic, but the rise of streaming services still poses a growing threat. Zack Abrams 2.15.22 7:48 PM Features
A toilet paper CEO who drowned his company with an ill-fated expansion is now in even deeper sh*t A judge greenlit a bankruptcy trustee’s case against Jeffrey Schoen, potentially making him liable for tens of millions of dollars in damages. Christie Smythe 3.18.22 9:02 PM Markets
Why Peloton had to lay off 2,800 people and what’s next for the beleaguered exercise bike company The company has come crashing down from its pandemic highs. CEO and co-founder John Foley may have also made missteps. Amy Lamare 2.9.22 7:54 PM Markets
Lime, the scooter rental company people love to hate, is navigating a rocky road to an IPO The company has overcome a pandemic ridership drop-off and public backlash, but it still has a long way to go to dominate the “micro mobility” market. Sam Klebanov 2.3.22 9:59 PM Markets
VR development, "asset creation," NFTs: who's winning and losing these battles in building the metaverse Some companies are surging ahead while others fall behind in these spaces before the metaverse is even built. Othmane Zizi 1.11.22 10:11 PM Crypto
No one knows who’s on the hook if a DAO gets sued Believers say DAOs are the future of work, but it’s not clear who gets held accountable if something goes wrong. Doug Bailey 3.16.22 4:37 PM Crypto