Special Offer: Try The Information for $10.
About Us
Pricing
Briefing
Uber/Lyft Startups

DoorDash Confirms $12 Billion Value in New Funding Led by Hedge Fund

By Amir Efrati
· · Source: The Information

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...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Takeaway Media/Telecom Google
Big Tech and Big Media Have Made Up: Now What? Inside the New Era in the Tech and Media Wars
By Jessica E. Lessin · Jan. 16, 2021 7:46 AM PST
Big Tech and Big Media Have Made Up: Now What? Inside the New Era in the Tech and Media Wars
Despite all the knives pointed at big tech right now, some longtime antagonists to the tech industry seem to be taking a back seat in the fights. These are the big media companies whose leaders have for years poked, prodded and attacked tech leaders at every chance they got. This isn’t to say that reporters are easing up. News coverage of tech companies from journalists, of course, has...
Latest Briefs
 
SoftBank Vision Fund’s Jeffrey Housenbold to Depart
By Kate Clark · Jan. 15, 2021
Facebook Blocks New Events in D.C. Ahead of Inauguration
By Alex Heath · Jan. 15, 2021
Andreessen: Content Blocking Could Come From Browser, Email and Internet Providers
By Nick Wingfield · Jan. 15, 2021
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.
How Blocking Trump Puts the Future of the Internet at Risk
Modest Proposals Policy Facebook
How Blocking Trump Puts the Future of the Internet at Risk
By Sam Lessin
The move by social networks to deplatform President Trump last week was the right call. In reality, he left Facebook and Twitter no other choice.
The Information’s Return to the Office Tracker
Startups COVID-19
The Information’s Return to the Office Tracker
By The Information Staff
Of the companies most opposed to continuing remote work after the pandemic fades, Netflix stands out for the intensity of its stance.
Sequoia Buys Shares in Elusive Startup Zapier at Multibillion-Dollar Valuation
Exclusive
Sequoia Buys Shares in Elusive Startup Zapier at Multibillion-Dollar Valuation
By Kate Clark
Zapier isn’t a household name outside Silicon Valley, but the world’s top venture capitalists have long been trying to own a piece of the booming enterprise software firm.
Apple Plans Podcasting Subscription Service in Threat to Spotify
Exclusive Media/Telecom Entertainment
Apple Plans Podcasting Subscription Service in Threat to Spotify
By Tom Dotan and Jessica Toonkel
Apple—long considered the sleeping giant in the podcast space—is waking up. The company, which runs the most widely used podcasting app in the industry, is discussing launching a new subscription service that would charge people to listen to podcasts, according to people familiar with the matter.
Snap Names New Content Leader in Push to Counter TikTok
Exclusive Media/Telecom Google
Snap Names New Content Leader in Push to Counter TikTok
By Alex Heath
Snap has promoted executive Ben Schwerin to be its new senior vice president of content and partnerships, a move that signals the company’s ambitions to compete more aggressively with TikTok and to cut more deals with media companies and app developers.
Can Mayor Francis Suarez Bring Silicon Valley to Miami?
Can Mayor Francis Suarez Bring Silicon Valley to Miami?
By Zoë Bernard
Rumors about who might be moving to Miami to escape the supposed decline of the San Francisco Bay Area are spreading faster than the VC funding buzz around hot tech startups.