Airtable, which sells cloud-based collaboration software, is laying off around 20% of its staff and shaking up its senior executive ranks as part of a strategy shift to focus on larger customers, co-founder and CEO Howie Liu announced in a blog post. The move appears to be further evidence that shrinking corporate IT budgets are having a ripple effect across the business software industry....
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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