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Uber’s Emil Michael was apparently too awful, even for Donald Trump

Well, it seems Emil Michael, Uber’s notorious former ‘SVP of business,’ is back in the news again

A trove of leaked Trump Administration documents obtained by Axios shows that Michael was once considered as a potential candidate for Donald Trump’s Secretary of Transportation.

This is not a total shock, given his history working as a special assistant to the Secretary of Defence and his time building the most disruptive company in the transportation space, Uber. Or at least it wouldn’t be for most execs with that resume.  read more

Uber’s Emil Michael was apparently too awful, even for Donald Trump

Well, it seems Emil Michael, Uber’s notorious former ‘SVP of business,’ is back in the news again

A trove of leaked Trump Administration documents obtained by Axios shows that Michael was once considered as a potential candidate for Donald Trump’s Secretary of Transportation.

This is not a total shock, given his history working as a special assistant to the Secretary of Defence and his time building the most disruptive company in the transportation space, Uber. Or at least it wouldn’t be for most execs with that resume.  read more

Here’s the problem with Hollywood hating on Netflix…

I can understand– to some degree– why Hollywood is trying to do everything it can to invalidate Netflix’s sudden gargantuan presence in entertainment, whether it’s leaning on theatres not to show Netflix films or trying to change the rules of who can win Oscars.

Netflix is one of those classic Internet disruption stories where traditional industries simply can’t compete. It has the reach. It has the dollars. And it will boldly use them. In those ways it’s similar to Napster in the early days of music disruption or Uber in the transportation realm. read more

Here’s the problem with Hollywood hating on Netflix…

I can understand– to some degree– why Hollywood is trying to do everything it can to invalidate Netflix’s sudden gargantuan presence in entertainment, whether it’s leaning on theatres not to show Netflix films or trying to change the rules of who can win Oscars.

Netflix is one of those classic Internet disruption stories where traditional industries simply can’t compete. It has the reach. It has the dollars. And it will boldly use them. In those ways it’s similar to Napster in the early days of music disruption or Uber in the transportation realm. read more

A Unicorn with a Soul: Zipline’s Unbelievable Comeback Accelerates with a new $190m Round

The unicorn club tends to be filled with four types of companies.

Bros breaking laws, yelling “DUDE!”, and improbably getting so much cash having proven so little, that failure is almost a challenge for them.

Women who have busted their ass for years, finally painstakingly proven their businesses, and are belatedly getting a pile-on of cash.

Asian companies with jaw-dropping numbers, markets and local cash.

Boring old SAAS companies that have the metrics to actually support the valuation.

Zipline, which just announced a $190 million round of funding at a $1.2 billion valuation, fits in none of those categories…

A Unicorn with a Soul: Zipline’s Unbelievable Comeback Accelerates with a new $190m Round

The unicorn club tends to be filled with four types of companies.

Bros breaking laws, yelling “DUDE!”, and improbably getting so much cash having proven so little, that failure is almost a challenge for them.

Women who have busted their ass for years, finally painstakingly proven their businesses, and are belatedly getting a pile-on of cash.

Asian companies with jaw-dropping numbers, markets and local cash.

Boring old SAAS companies that have the metrics to actually support the valuation.

Zipline, which just announced a $190 million round of funding at a $1.2 billion valuation, fits in none of those categories…

Who is REALLY responsible for Uber’s failed IPO? Uber.

By Uber’s own standards, its IPO — valuing it at some $82.4 billion at the time it started trading — was already an abject failure. And then two days of heavy selling ensued.

The debate in the financial press today is who is responsible for setting “an incorrect IPO price”  for the highest priced private deal in Silicon Valley history.

Here’s a novel hot take: Uber is. And like most things in Uber’s history, it was entirely self-inflicted and entirely unnecessary…

Who is REALLY responsible for Uber’s failed IPO? Uber.

By Uber’s own standards, its IPO — valuing it at some $82.4 billion at the time it started trading — was already an abject failure. And then two days of heavy selling ensued.

The debate in the financial press today is who is responsible for setting “an incorrect IPO price”  for the highest priced private deal in Silicon Valley history.

Here’s a novel hot take: Uber is. And like most things in Uber’s history, it was entirely self-inflicted and entirely unnecessary…

“I am very much looking forward to having a boss”: After 20 years, Gregg Spiridellis finally has his big exit

“I can’t believe I’m finally here.”

Gregg Spiridellis is talking about the six months of negotiating with Netflix over the acquisition of StoryBots, one of just a handful of deals in the gigantic company’s history. But he could have just as well have meant a lot of things by that statement.

He could have meant that he’s finally gotten his kids fed and to bed and can get on the call he promised me a few hours ago to talk about this deal.

He could have been referring to his two-year back-and-forth that recently led to the sale of the profitable but not-a-rocketship startup JibJab announced three months ago. read more

La inversión de Florentino apunta a los 600 millones

Florentino Pérez, presidente del Real Madrid, está dispuesto a tirar la casa por la ventana el próximo verano para afrontar una amplia remodelación de la plantilla. El club madridista está obligado a dar un paso adelante después de la nefasta temporada que está a punto de cerrar y por eso su presidente está preparado para sacar el talonario después de varias campañas en las que apenas ha invertido en unos cuantos jóvenes valores.

De momento, Florentino Pérez ya se ha gastado 95 millones de euros en los fichajes de los brasileños Rodrygo (45 millones) y Militao (50 millones). Y la previsión es que acabe invirtiendo un total de 600 millones en los refuerzos que ha pedido el técnico blanco, Zinedine Zidane. read more