A Golden Age of Local Digital Stars
This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. The global internet is becoming a little less American, and this can …
The Gig Economy Dipped Again in the Fall. But How Bad Was It?
In a year turned upside down by the pandemic, Roberto Moreno’s experience as a ride-hailing driver in San Diego reflected the fortunes of the companies for which he drove. In …
Roblox Delays I.P.O. Until Next Year
Roblox, a gaming company that had been preparing to go public this month, has decided to delay its initial public offering until next year, in a sign that the enthusiastic …
DoorDash Stock Soars After Initial Public Offering
SAN FRANCISCO — Wall Street loves a pandemic winner. Shares of DoorDash soared in their first day of trading on Wednesday, capping a year of outsize growth for the country’s …
Airbnb Stock Might Sound Cool …
This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. A dirty secret of initial public offerings is that even the coolest …
‘This Is Insanity’: Start-Ups End Year in a Deal Frenzy
SAN FRANCISCO — Hopin, a virtual events start-up in London, had seven employees and was valued at $38 million at the beginning of the year. Johnny Boufarhat, the company’s chief …
DoorDash Reveals I.P.O. Filing
SAN FRANCISCO — DoorDash, the largest food delivery start-up in the United States, revealed on Friday that it is losing money even as the coronavirus pandemic has spurred a huge …
DoorDash Faces Its Latest Challenge: Wooing Wall Street
SAN FRANCISCO — DoorDash, the leading food delivery app in the United States, has its fans. Hungry people. Busy people. Lazy people. It also has its share of enemies: Regulators …
Uber and Lyft Drivers in California Will Remain Independent
OAKLAND, Calif. — Drivers and other workers for so-called gig economy companies in California will not become their employees. California voters carried Uber and Lyft to victory, overwhelmingly approving Proposition …
It’s a Ballot Fight for Survival for Gig Companies Like Uber
OAKLAND, Calif. — By late August, the urgency was becoming clear. Top executives of Uber, Lyft and the delivery service DoorDash met to discuss a California ballot measure that would …