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Equity podcast: 500 Startups scandals, disappointing IPOs and the end of Jawbone

 Hello and welcome back to Equity, TechCrunch’s venture capital podcast, where we dig into the hype, the dollars and, recently, the down exits. This week was a fun one. Matthew Lynley is out on vacation, so TechCrunch’s own Megan Rose Dickey (the current host of Bullish and general badass) joined Katie Roof and myself — Alex Wilhelm — to dive into the news of the week. Read More

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Kelvin Kwong leaves Jawbone for product VP role at Big Health

Sleepio As Jawbone continues to work towards a pivot, the Up device maker also continues to talent that may not be core to its future. In the latest departure, Kelvin Kwong, who had been the Jawbone’s director of product management, has joined Big Health, maker of the Sleepio sleep improvement program, as VP of product management. Alongside that, Dr Jenna Carl is now the startup’s… Read More

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The 20 Highest Paying Startup Unicorns

high-paying-unicorns We pulled together all 153 unicorns currently listed on the Crunchbase Unicorn Leaderboard and then matched them up with data provided by Glassdoor to give you, our readers, the top 20 highest paying startup unicorns.
Uber would be a good guess for top dollar salaries. But, you might be surprised to find Cloudera, a software company providing Apache Hadoop-based software and support to… Read More

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Fitbit Crushes Expectations In Q3, But A Follow-On Equity Offering Drags Its Shares Down

fitbit-earnings Following the bell, Fitbit announced its third-quarter financial performance, including revenue of $409.3 million, and earnings per share using normal accounting methods of $0.19. The company’s adjusted profit totaled $0.24 per share.
The results are notably strong. Investors had expected the company to report a far-slimmer $0.10 adjusted per-share profit off of revenue of just $350.97. Read More

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