Roku continues the trend of streaming companies making big gains during the pandemic. The company reported third quarter revenue in its platform segment (mostly ad revenue) that was up 78% compared to the previod year. Its number of new users grew, which helped expand the overall numbers of hours they spend watching video to $14.8 billion hours durign the quarter. It’s an important metric to...
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“It’s Hard to Know Where It Stops”
There are weeks when I read the news and think, “Really? Can all of this be happening?” Nowadays, I’m referring to the wild west of the startup and VC business, which is getting more insane by the term sheet. This week you saw unbelievable stories of rising prices, documented here by Kate. At the same time, there were important cautionary tales about the downsides of excessive...
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