Wednesday, October 7, 2020

Documents show that Airbnb spent $1.2B between mid-2019 and mid-2020, with the biggest portion of cash burn coming in Q1 2020 as it issued refunds amid COVID-19 (The Information)

The Information:
Documents show that Airbnb spent $1.2B between mid-2019 and mid-2020, with the biggest portion of cash burn coming in Q1 2020 as it issued refunds amid COVID-19  —  Airbnb burned through more than $1.2 billion in cash between mid-2019 and mid-2020, according to previously undisclosed figures …



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...