Blog

Cloudflare, in its first earnings report after IPO, announces Q3 revenue growth of 48% YoY to $73.9M as GAAP loss increased to $40.9M from $38M in Q3 2018 (Alex Wilhelm/Crunchbase News)

Alex Wilhelm / Crunchbase News: Cloudflare, in its first earnings report after IPO, announces Q3 revenue growth of 48% YoY to $73.9M as GAAP loss increased to $40.9M from $38M in Q3 2018  —  We’ve been tracking the revenue multiples of SaaS companies broadly, and the 2019 IPO class more specifically over the past few

Read More
Indiana passes law, targeting Big Tech, that exempts sales taxes for an unprecedented 50 years to companies that commit $750M+ to a data center in the state (Mya Frazier/Bloomberg)

Mya Frazier / Bloomberg: Indiana passes law, targeting Big Tech, that exempts sales taxes for an unprecedented 50 years to companies that commit $750M+ to a data center in the state  —  Ed Soliday likens data centers to the Spruce Goose, the enormous wooden airplane Howard Hughes flew just once. Indiana passes law, targeting Big

Read More
Postmates workers say they are making 30% less than they did before the company changed its algorithms and eliminated a $4-per-job guarantee in May (Abha Bhattarai/Washington Post)

Abha Bhattarai / Washington Post: Postmates workers say they are making 30% less than they did before the company changed its algorithms and eliminated a $4-per-job guarantee in May  —  Drivers for Instacart, Postmates and other platforms say they’re being wrung out in ways that result in lower pay and less transparency. Postmates workers say

Read More