Airbnb & DoorDash earnings, SafeMoon execs charged
Airbnb Q3 earnings: revenue: $3.4B (+18% y/y), net income: $4.4B (includes one-time $2.8B tax benefit), FCF: $1.3B, gross bookings: $18.3B (+17% y/y), nights and experiences booked: 113.2M (+14% y/y); shares were down 3% on muted outlook - Link
DoorDash Q3 earnings: revenue: $2.16B (+27% y/y), net loss: -$75M, gross order volume: $16.8B (+24% y/y); shares were up 15%+ on positive guidance and narrowing losses - Link
The Information sources: TikTok livestreamers received $250M+ from users in Q3 2023; the company takes a 50% cut on these tips and is on track to earn ~$500M in US tips in 2023 - Link
The SEC charged SafeMoon’s CEO and CTO with selling unregistered crypto securities and misappropriating $200M+ of investor funds - Link
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Convai CEO Purnendu Mukherjee joins Jason to discuss creating AI-powered NPCs using Convai (6:05), the birth of generative AI (22:17), open-source vs. closed AI (36:01), and much more! - Link
Flexport has officially acquired Convoy’s tech stack, and the shuttered startup’s CEO, Dan Lewis, is joining Flexport as part of the deal - Link
Coinbase announced that eligible US retail investors can access BTC and ETH futures contracts after the company received regulatory approval - Link
HubSpot acquired B2B data provider Clearbit, which has 400K+ users and 1.5K business customers on the platform - Link
Chainguard, a startup that helps businesses secure their open-source software, raised a $61M Series B led by Spark Capital - Link
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