Dailyhunt parent VerSe’s valuation gets slashed 42% to $2.9B: investor note

Quick Summary:

This new valuation places the Elon Musk-led social media company, which he bought for $44 billion, at $12.3 billion at the end of July.

Atlassian plans to integrate Rewatch into its recently launched Rovo AI platform so that transcripts become searchable within the overall business context.Startups Sub.Sub.club thinks premium feeds could also serve other use cases, like supporting helpful bots or generating funds to help maintain a community’s Mastodon server, for instance.

To be sure, VerSe has improved its financials significantly in the last two years since raising funds at a $5 billion valuation.

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Article Details

Author / Journalist: Manish Singh

Category: StartupsBusiness

Markets: United StatesIndiaNorth KoreaSouth Korea

Topics: Startups Twitter Dailyhunt Gupshup VerSe Innovation 360 One

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 14:29:26 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 954 words

Reading Time: 6 minutes read

Sentences: 47 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22308446

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