Coinbase goes public – ClearTips

Coinbase goes public – TechCrunch

Coinbase makes an impressive public debut, with Dell phasing out VMware and Ford announcing a new hands-free driving system. This is your daily crunch for April 14, 2021.

Big Story: Coinbase Goes Public

The cryptocurrency exchange Coinbase went public today via direct listing at a starting price of $ 381 per share, climbing to about $ 430 before closing at $ 328.28 (giving the company a market capitalization of $ 85.8 billion).

Listing is a major milestone for the cryptocurrency world (with various crypto prices still rising today), although there is at least a little irony in the fact that this success comes through the traditional stock market.

Tech giants

Dell is phasing out VMware in hopes of generating more than $ 9B for the company – Dell acquired VMware in 2015 as part of a massive $ 58 billion EMC acquisition.

Google’s FeedBurner moves into a new infrastructure, but loses its email subscription service – since its acquisition in 2007, FeedBurner has tilted into a strange kind of limbo.

The new Instagram test lets you choose if you want to follow the ‘Like,’ Facebook test – the app has been liking looks since 2019.

Startup, Funding and Venture Capital

Astranis raises $ 250M at a $ 1.4B valuation for smaller, cheaper geostationary communications satellites – while many other companies are looking to build satellite constellations in low-Earth orbit, the Astranis focuses on the GEO band, where the currently large Legacy communication satellites work.

MIT startup Pickle raises $ 5.75M for its package-taking robot – the robot’s name is Dill.

OutSchool is the newest EdTech Unicorn – the new funding value OutSchool is $ 1.3 billion, almost four times higher than the $ 320 million valuation set from about a year ago.

Additional crisis advice and analysis

How to pivot your startup, save cash and maintain trust with investors and customers – Sean Lane, CEO of Olive explains a painful process.

Alexa von Tobel outlines how founders should manage personal finance – von Tobel has taken steps to help you stay out of debt, build debt, and accumulate wealth through investment So that you have the financial peace to start a company.

According to Pitchbook, inside the US epic first quarter venture capital results – funding in the United States has nearly doubled compared to the same quarter of 2020.

(Extra Crunch is our membership program to help founders and startup teams move forward. You can sign up here.)

everything else

Ford targets Tesla, GM with its new hands-free driving system – Ford gets its new hands-on 2021 F-150 pickup truck and some 2021 Mustang Mach-E models through a software update later this year Will launch free driving facility.

Kroger launched his first Ocado-powered ‘shed’, a huge, robot-filled fulfillment center in Ohio – built with a huge grid with floors, “sheds”, as Ocado calls its warehouses, of 400 humans. It will also feature some 1,000 robots. Employees.

Daily Crunch is the roundup of ClearTips among our biggest and important stories. If you want to have it delivered to your inbox every day at 3 pm in the Pacific, you can subscribe here.

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