Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Unicorns Fold

leave a comment »

Well this has been a week.

If you’ve not been keeping up with the Samsung Galaxy fold saga, The Verge’s latest report indicates that iFixit has “decided to honor a Samsung request to pull its Galaxy Fold teardown off the Internet,” even though the company apparently didn’t make the request directly.

Why is Samsung doing this? We’ve asked for comment, obviously, but we suspect an answer may not be forthcoming. That leaves us with a whole pile of possible reasons we can only speculate on.
On the charitable end of the interpretation scale is that Samsung is definitely reworking the Fold, the design will change, and Samsung doesn’t want to have a teardown out there for a device it isn’t ever going to ship. Possibilities get successively less charitable from there. Perhaps the partner who provided the Fold to iFixit wasn’t supposed to, and Samsung is just enforcing a contract.

It’s too easy, I know, but I can’t help myself…

You’ve got to know when to hold ’em
Know when to fold ’em
Know when to walk away
And know when to run
You never count your money
When you’re sittin’ at the table
There’ll be time enough for countin’

When the dealin’s done

Thank you, Kenny Rogers.

Okay, well, now that the country music interlude is over, let’s see what’s up on the unicorn IPO front.

CNBC is reporting that Slack has filed for an IPO via a direct listing, indicating the company took a loss of $138M on $400M in revenue.

What, all those free Zooms I do aren’t making Zoom zoom faster??

Uber, on the other hand, has set an IPO range of $44 to $50 per share, and is expecting to raise up to $10.35B on an $84B valuation.

And here’s a blast from your DoCoMo past. For those of you remember NTT’s DoCoMo iMode phone service from Japan, one of the world’s first mobile app ecosystems way back in 1998…well, NTT DoCoMo (which is now Japan’s biggest cellphone service provider) is backing the magic AR unicorn Magic Leap to the tune of $280M.

Magic Leap has already raised $2.3B, so what’s $280M more among unicorns?

This move would obviously allow ML to make the magic leap right into the Japanese market.

The New York Times is reporting that the company is already planning to reopen its Series D fund-raising, acknowledging the “costs of its business.”

Damn, those unicorns are expensive, though some more than others.

Written by turbotodd

April 26, 2019 at 12:21 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: