Shares of BuzzFeed began trading on Monday and promptly went on a roller coaster ride, surging as much as 49% before reversing quickly. The performance of BuzzFeed stock over the next few days will be closely watched by investors and other media firms, such as Bustle Digital Group, which also want to go public. The public debut of the digital media firm followed Friday’s completion of its...
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Startups in Sequoia’s ‘Crucible Moment’; Musk Pledges More Funding for Twitter

As we reported last night, Sequoia Capital has once again taken on the role of Silicon Valley soothsayer, releasing a 52-slide presentation on advice to startups, which it says face a “crucible moment” as the economy slows and central banks retract the monetary stimulus that kicked off the boom two years ago. In particular, the partners at Sequoia told founders to rethink how they consider...
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Chinese Ride-Hailing App T3 Seeks $750 Million as Didi Global Struggles
Musk Scraps Margin Loan, Committing Another $6 billion in Equity for Twitter Deal
Twitter to Pay $150 Million to Settle FTC Privacy Case
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