DoorDash, which has been one of the biggest thorns in Uber’s side lately, confirmed The Information’s report last week that it would raise new funds at a valuation of up to $12 billion. In fact, the pre-investment valuation announced today is exactly that amount. The $600 million financing is being led by Darsana Capital Partners, a New York-based hedge fund run by Anand Desai that last year...
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‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google

A few months into his job as chief legal officer of Sonos, Eddie Lazarus was ready to wage war. When Lazarus joined the audio hardware company in late 2018, it was facing growing competition from tech giants like Amazon and Google. Both companies were selling cheap speakers capable of multiroom audio playback, a feature Sonos had pioneered on its devices more than a decade earlier. Sonos...
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