Technology reporter for @WSJ

Yahoo Nears Investment in Snapchat

wsj.com — Internet Portal Part of Fundraising Talks That Value Messaging App at $10 Billion Yahoo Inc. plans to reinvest a small portion of the cash it made from an early bet on Alibaba Group Holding Ltd. in another fast-growing startup: Snapchat Inc. The Internet portal has committed to an investment in Snapchat at a $10 billion valuation,...
Jul 28, 2015

RT @myurow: December 2014: Yahoo invests in Snapchat wsj.com/articles/yahoo…. July 2015: Snapchat drops Yahoo from Discover adage.com/article/digita…

Online payments startup Stripe raises new funds at $5 billion valuation

marketwatch.com — Online-payments startup Stripe Inc. said it had raised new funding that values the five-year-old company at $5 billion from investors including Visa Inc. and venture-capital firm Kleiner Perkins Caufield & Byers. Existing investors Sequoia Capital and American Express Co. also participated in the round, which a Stripe spokeswoman said raised less than $100 million.
Jul 28, 2015

Square reportedly files for an IPO, meanwhile Stripe raises new funds at $5 billion valuation. on.mktw.net/1DLrLy2

Online Payments Startup Stripe Raises New Funds at $5 Billion Valuation

Jul 28, 2015

And the beat goes on. Stripe raises at $5 bln, up from $3.6 bln in December on.wsj.com/1Iom1ev via @dmac1 et al

Jul 28, 2015

RT @ScottThurm: And the beat goes on. Stripe raises at $5 bln, up from $3.6 bln in December on.wsj.com/1Iom1ev via @dmac1 et al

Jul 28, 2015

RT @ScottThurm: And the beat goes on. Stripe raises at $5 bln, up from $3.6 bln in December on.wsj.com/1Iom1ev via @dmac1 et al

Show 6 more tweets from Nathan Olivarez-Giles, Amir Mizroch and others...

Payments startup Square files for IPO confidentially

marketwatch.com — Payments startup Square Inc. is aiming to end this year's drought in prominent initial public offerings for tech companies. The San Francisco maker of credit card-reading devices has filed to hold an IPO, a person familiar with the matter said.

Payments Startup Square Files Confidential IPO

wsj.com — Payments startup Square Inc. is aiming to end this year's drought in prominent initial public offerings for tech companies. The San Francisco maker of credit card-reading devices has filed to hold an IPO, a person familiar with the matter said.
Jul 24, 2015

RT @WSJD: Square files confidential IPO. In 2015 there have been 19 tech IPOs in the U.S., versus 41 by this time last year on.wsj.com/1CVNrN7

Show 4 more tweets from Deepa Seetharaman, Scott Austin and others...

Uber, in Deal, Averts Curb in New York

wsj.com — Uber Technologies Inc. struck a last-minute deal to avert a cap on new car-service vehicles in New York City Wednesday, a limitation the company claimed would stunt its growth in the country's biggest taxi market.
Jul 22, 2015

Uber, in deal, averts curb on new car-service vehicles in New York on.wsj.com/1CQRRos via @WSJ w/@dmac1

Jul 22, 2015

RT @AndrewTangel: Uber, in deal, averts curb on new car-service vehicles in New York on.wsj.com/1CQRRos via @WSJ w/@dmac1

Jul 22, 2015

Uber, in deal, averts curb on new car-service vehicles in New York on.wsj.com/1CQRRos via @WSJ

Jul 23, 2015

Uber, in deal, averts curb on new car-service vehicles in New York on.wsj.com/1CQRRos via @WSJ

Show 4 more tweets from Lora Kolodny, Jennifer Smith and others...

Yahoo loss narrows as revenue rises

marketwatch.com — Marissa Mayer is finally seeing some growth at Yahoo Inc.--but it is coming at a cost. The company on Tuesday reported its revenue, minus commissions paid to partners for Web traffic, edged higher in the second quarter, only the second time sales have grown in the past five periods.
Jul 21, 2015

Yahoo sales growing, but traffic acquisition costs are growing even faster - up more than 4X in 1 year! on.mktw.net/1LAYSuI $YHOO

Jul 21, 2015

RT @jowens510: Yahoo sales growing, but traffic acquisition costs are growing even faster - up more than 4X in 1 year! on.mktw.net/1LAYSuI $YHOO

Yahoo Posts a Loss, but Revenue Rises

wsj.com — Marissa Mayer is finally seeing some growth at Yahoo Inc.-but it is coming at a cost. The company on Tuesday reported its revenue, minus commissions paid to partners for Web traffic, edged higher in the second quarter, only the second time sales have grown in the past five periods.
Jul 21, 2015

RT @WSJD: Mayer is finally seeing some growth at Yahoo—but it's coming at a cost. It paid $200M to acquire traffic this quarter on.wsj.com/1KiIdgR

Jul 21, 2015

RT @dmac1: Yahoo is finally seeing some growth, with sales rising for 2nd time in last 5 quarters —but it is coming at a cost on.wsj.com/1KiIdgR

Jul 21, 2015

Yahoo is finally seeing some growth, with sales rising for 2nd time in last 5 quarters —but it is coming at a cost on.wsj.com/1KiIdgR

Jul 21, 2015

RT @dmac1: Yahoo is finally seeing some growth, with sales rising for 2nd time in last 5 quarters —but it is coming at a cost on.wsj.com/1KiIdgR

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Yahoo Earnings: What to Watch

blogs.wsj.com — Yahoo Inc. is expected to report financial results after the close of trading Tuesday for its second quarter ended in June. Here are the key points to look out for: EARNINGS FORECAST: Yahoo is expected to post earnings of 18 cents per share, according to the average of analyst estimates gathered by Thomson Reuters.
Jul 21, 2015

RT @dmac1: Now that Yahoo has made up a new financial metric with a silly acronym, it must keep MaVeNS growing >50% each quarter http://t.c…

Jul 21, 2015

Now that Yahoo has made up a new financial metric with a silly acronym, it must keep MaVeNS growing >50% each quarter on.wsj.com/1VoRd7m

Show 3 more tweets from Nathan Olivarez-Giles, Georgia Wells and others...

Venture capitalist to spend $100 million on search for aliens

marketwatch.com — Man's quest for discovering life on other planets is getting a $100 million boost from a Silicon Valley magnate. Yuri Milner, the Russian billionaire who burst on to the U.S. venture-capital scene with early bets on Facebook Inc. and Twitter Inc. , is personally funding a bold new effort to scan the skies for signs of intelligent alien life.
Jul 20, 2015

Venture capitalist to spend $100 million on search for aliens: on.mktw.net/1TMGL85

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Jul 31, 2015

Great chatting with @thuy for an Uber segment on tonight's KQED Newsroom. Bay Area folks can watch it tonight at 8 pic.twitter.com/NmXj7dikzA

Jul 31, 2015

Different paths to $50 billion. Note Facebook's down round in 2009, in the midst of a market correction pic.twitter.com/YlXhJUsk9a

Jul 31, 2015

Only two venture-backed companies have reached $50B valuation. Uber just did it nearly two years faster than Facebook on.wsj.com/1DeQvnu

Jul 31, 2015

New on @WSJD: Uber tops $50 billion valuation with funding from strategic investors incl Microsoft on.wsj.com/1DeQvnu w/ @telisdemos

Jul 31, 2015

RT @KurtWagner8: Snapchat Revenues Could Hit $50 Million This Year — But It Still Needs a CFO on.recode.net/1MLLPoY by @KurtWagner8

Jul 31, 2015

@pkafka @KurtWagner8 So it's valued at 533x revenue, nbd. Somehow the valuation seemed less silly when revenue was zero

Jul 30, 2015

Startup people talk about down rounds like the end of the world. DST's famous investment in Facebook was a down round on.tcrn.ch/l/EeZs

Jul 30, 2015

Because who would pass up an opportunity to run a photo of David Hasselhoff with a story on 1099 startup challenges pic.twitter.com/UYA5bAdRWk

Jul 30, 2015

“If you have 1099s and you have to raise money in the next 12 months, you’re going to be in a precarious position" on.wsj.com/1IrwPbX

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