U.S. venture capital-backed companies have completed initial public offerings, reverse mergers and acquisitions worth a record $582.5 billion so far this year, according to new data from PitchBook. This is the first time U.S. VC exit value has surpassed $500 billion. With a total of 93 startup listings this year, IPOs represented 88.2% of total exit value. Exit value is far from the only new...
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What the Chappelle Drama Says About the Difference Between Netflix and Facebook
If news media coverage is anything to go by, the biggest drama on Netflix right now isn’t “Squid Game” but the internal company battle over Dave Chappelle’s comedy special. And what’s striking is how differently Netflix management has handled this free speech issue from how other tech executives—such as Facebook CEO Mark Zuckerberg—have handled similar content debates. (Tip of the hat to my...
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