Wednesday, December 11, 2019

AngelList report: seed stage investors can increase their yields by investing into every credible deal, contradicting the common wisdom of passing on most (Abe Othman/AngelList)

Abe Othman / AngelList:
AngelList report: seed stage investors can increase their yields by investing into every credible deal, contradicting the common wisdom of passing on most  —  If you miss the best-performing seed investment, you will eventually be outperformed by someone who blindly invests in every credible deal.



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Chinese food delivery giant Meituan reports Q3 revenue up 22.4% YoY to $12.9B, net profit up 3x YoY to $1.78B, and core delivery business up 20.2% YoY to $9.57B (Casey Hall/Reuters)

Casey Hall / Reuters : Chinese food delivery giant Meituan reports Q3 revenue up 22.4% YoY to $12.9B, net profit up 3x YoY to $1.78B, and...