Denver, Austin & Miami are the top upcoming tech startup markets, says Sound Ventures

Ashton Kutcher’s VC firm, Sound Ventures, believes there’s opportunity for investment outside of Silicon Valley. Specifically, the firm pegs Denver, Austin and Miami as the most promising U.S. markets for tech startups and investing, outside of the large markets like Silicon Valley and New York, of […]

Bitcoin and the crypto market is crashing after Goldman reportedly aborted trading plans

The crypto market is down significantly today, practically across the board of all coins, following a report that claims Goldman Sachs has backed down on plans to start a dedicated cryptocurrency trading desk. Bitcoin is down over five percent in the last 24 hours, but […]

Amazon strikes $1 trillion market cap, 4 weeks after Apple did the same

Amazon just joined the exclusive $1 trillion club (briefly). The e-commerce behemoth jumped above a trillion dollar market cap on Tuesday during intraday trading. It’s share price hit an all-time high of $2,050.27 earlier this morning bringing its value above the massive, yet meaningless, milestone. The […]

Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high

Meituan-Dianping is reportedly aiming for a $55 billion valuation in its upcoming initial public offering in Hong Kong, but the company’s net losses and increasing competition from Alibaba are already raising questions about whether that is too ambitious, despite the company’s market leadership in China. […]