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Wag’s epic failure

Taken From: Sticking to the later-stage markets, Alex dug into the problems at Wag which is struggling and looking for a sale despite raising a castle of cash from the Vision Fund.

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Sticking to the later-stage markets, Alex dug into the problems at Wag which is struggling and looking for a sale despite raising a castle of cash from the Vision Fund.

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6 Comments

6 Comments

  1. Wolf of Dubai Stocks Investing Channel

    November 6, 2019 at 4:53 pm

    The most important is,

    To learn from own and others failure

  2. Chinese Sparrows

    November 6, 2019 at 4:58 pm

    How does this get valued at 650 million? WTF?

    • Abraham Samma

      November 6, 2019 at 5:52 pm

      Ikr. I’m curious to know how these valuations are calculated. But more importantly, what did Mr. Son see in this company?

  3. 101yayo

    November 6, 2019 at 5:06 pm

    STTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  4. Abraham Samma

    November 6, 2019 at 5:54 pm

    The valuations for some of these startups offend common sense.

  5. ingusmant

    November 7, 2019 at 9:45 pm

    Is softbank just a money laundering scheme? How they stay in business burning money like this?

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Building trust in crypto with Jonathan Levin of Chainalysis | Equity Podcast

Late last week, U.S. Securities and Exchange Commission chair Gary Gensler said that he was “proud to serve” the agency, which some are taking as a hint at an upcoming resignation. Gensler has faced heavy criticism for his crackdown on crypto, including a recent lawsuit from 18 states, and is likely to be replaced under…

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Late last week, U.S. Securities and Exchange Commission chair Gary Gensler said that he was “proud to serve” the agency, which some are taking as a hint at an upcoming resignation. Gensler has faced heavy criticism for his crackdown on crypto, including a recent lawsuit from 18 states, and is likely to be replaced under President-Elect Donald Trump who has vowed to oust Gensler. On Tuesday, the Wall Street Journal reported that Trump is meeting with Brian Armstrong, the CEO of crypto exchange Coinbase, to discuss potential personnel appointments. 

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Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop every Wednesday and Friday. Subscribe wherever you get your podcasts.

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Over the last few years, VC Ben Horowitz has donated at least $7.6 million to fund police department purchases – including the Las Vegas Metropolitan Police Department’s new drones from a16z-backed Skydio. Skydio is not the first of a16z’s portfolio companies to benefit from these donations, either.

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Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop every Wednesday and Friday. Subscribe wherever you get your podcasts.

For episode transcripts and more, head to Simplecast:

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