DoorDash may take the direct listing route to going public next year, Bloomberg reported, following the lead of Spotify and Slack. The on-demand food delivery company doesn’t make money, but it might not need cash. It just raised $100 million last week and is speaking with banks about obtaining a $400 million credit facility, the story said. That could mean it doesn’t feel the need to do a...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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