Saturday, April 6, 2024

Source: Y Combinator is inviting some alumni entrepreneurs to invest a minimum of $250,000, which will be split among the three funds it is currently raising (Kia Kokalitcheva/Axios)

Kia Kokalitcheva / Axios:
Source: Y Combinator is inviting some alumni entrepreneurs to invest a minimum of $250,000, which will be split among the three funds it is currently raising  —  - The accelerator is requiring limited partners invest in all three of its new funds, a somewhat bold move in the current environment.



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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...