Sunday, May 19, 2019

VC-backed consumer startups are outperforming enterprise startups at IPOs in this decade, going public more often at higher valuations, compared to the 2000s (Eric Feng)

Eric Feng:
VC-backed consumer startups are outperforming enterprise startups at IPOs in this decade, going public more often at higher valuations, compared to the 2000s  —  On May 10th, ride hailing juggernaut Uber Technologies went public raising $8.1 billion at an initial valuation just over $75 billion.



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...