Confluent, a startup founded by the creators of the open-source Apache Kafka data-processing software project, announced a $250 million Series E round led by Coatue Management. The round eclipses the $206 million Confluent had raised since its founding in 2014. The funding boosts Confluent’s valuation from $2.5 billion to $4.5 billion and shows that investors are still keen on pumping money...
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The Takeaway Amazon
Why I Love and Fear Amazon Basics
Jeff Bezos this week wrote his final shareholder letter as he steps aside as CEO of Amazon. It is remarkable what he and the company have accomplished. I vaguely remember buying my first book on Amazon. Today, I buy…well, that brings me to the point of this week’s column. I recently realized that my kids’ whiteboard markers had run dry. I grabbed my phone and searched for...
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