Special offer: Try The Information and get $100 off your plan today
About Us
Pricing Corporate Sales
Upcoming IPOs
Airbnb Ant Group Asana DoorDash Palantir Snowflake
Briefing
Startups Venture Capital

DoorDash Raised $340 Million in February

By Amir Efrati
· · Source: The Information

DoorDash, the restaurant food delivery leader that filed to go public just before the Covid-19 quarantines in the U.S., raised $340 million in February in the form of convertible debt, according to Pravin Vazirani, managing director of Owl Rock Capital, which led the financing and disclosed it in a securities filing on Tuesday. Owl Rock, which was founded four years ago, also was part of a group...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Briefing
Trump Puts TikTok Deal in Doubt: The Information’s Tech Briefing
By The Information Staff · Sept. 21, 2020 5:31 PM PDT

It’s rare to see M&A end up in complete confusion, as the TikTok deal now seems to be, but then again, it’s rare for M&A to be driven by President Trump. His comments to Fox News Monday morning that TikTok would be “totally controlled by Oracle...and if we find that they don’t have total control then we’re not going to approve the deal” suggests that ...

Latest Briefs
 
DOJ Could Bring Antitrust Case Against Google Next Week, Report Says
By Nick Bastone · Sept. 21, 2020
Tim Cook Hopes Apple Can ‘Unpeel’ From Antitrust Investigations
By Nick Bastone · Sept. 21, 2020
Palantir’s Filings Cast Spotlight on Unusual Supervoting Stock
By Ross Matican · Sept. 21, 2020
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Startups Microsoft
Tech Execs Are Obsessing Over Note-Taking Apps. We Tested Them Out
By The Information Staff
Investors are newly enamored of note-taking apps, financing startups like Notion Labs, Coda and Roam Research at high valuations.
Exclusive Enterprise COVID-19
Zoom Invests in Big Messaging Upgrade in Challenge to Slack
By Kevin McLaughlin
Zoom Video Communications became a household name with a video conferencing service that has become a ubiquitous tool for businesses and students during the pandemic.
True Value Startups Markets
Five New Software Stocks: Why Investors Love Some and Hate Others
By Ross Matican
Five enterprise software companies are going public this month, cashing in on the sector’s enormous popularity with investors.
Venture Capital Asia
TikTok Valued at Around $60 Billion, As Deal Structure Emerges
By Kate Clark, Kevin McLaughlin and Jessica E. Lessin
Walmart and Oracle are valuing the soon-to-be formed TikTok Global at between $50 billion and $60 billion, according to two people familiar with the deal, as key aspects of one of the most convoluted global tech deals in history take shape.
Exclusive Policy Google
In Ironic Twist, Google’s Pro-Privacy Move Boosted U.S. Antitrust Probe
By Nick Bastone
Google has taken a lot of heat for violating people’s privacy. Now it could get in trouble for trying to protect it.
The Takeaway Media/Telecom Google
Accepting Kickbacks, Publishers Are Playing Into Tech Companies’ Hands
By Jessica E. Lessin
For years, news publishers have been clamoring for Facebook, Google and Apple to pay for the news content that gets distributed through their services.