Friday, March 5, 2021

Report: 96.9% of Bay Area tech startups remained in the region in 2020; of those that moved, 21% moved to New York, 21% to other parts of CA, and 12% to TX (Annabelle Williams/Insider)

Annabelle Williams / Insider:
Report: 96.9% of Bay Area tech startups remained in the region in 2020; of those that moved, 21% moved to New York, 21% to other parts of CA, and 12% to TX  —  - A survey from Telstra Ventures shows that the majority of startups stayed in San Francisco in 2020.



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Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY to 3.6B, and a $1B revenue UK tax law hit (Financial Times)

Financial Times : Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY ...