Doordash has led a $750 million funding round in Germany’s ultrafast delivery startup Flink as the U.S.-based food delivery company continues to aggressively expand into Europe, according to Reuters. Flink is one of several startups to have attracted huge amounts of VC cash during the Covid-pandemic, promising to deliver food and groceries to customers in under 20 minutes. Doordash had been...
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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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