Big tech Q4 results, Amazon hand-scanning, Apple mixed reality headset, New Microsoft business platform, Clubhouse’s moment, Understanding competitors & more

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$41.1B: In 2020, mobility tech companies raised $41.1B in VC across 908 deals, entailing a 0.7% increase in total deal value YoY. Early-stage deals suffered a 38.3% drop in fresh capital and completed 29.5% fewer deals, while late-stage deals raised 18% more capital over 8.6% more deals compared with 2019

$38B: Alibaba has received more than $38B worth of orders for its $5B bond sale; the company is offering notes with 10-year…

Facebook’s newsletters tools, Google redesigning Search, Empathy mapping, Culture of ownership, Reddit vs Wall Street, Big Tech Q4 results, Tesla Model S redesigned & more

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$37B: TikTok owner ByteDance generated $37B in revenue last year, more than double its 2019 revenue; ad sales reportedly offset the impact of a TikTok ban in India and US attempts to block the app; ByteDance reportedly generated $7B in operating profit in 2020, up from ~$4B in 2019

$5.4B: China-based short video app Kuaishou plans to raise as much as ~$5.4B via an IPO scheduled for…

Deliveroo and TripActions funding rounds, Netflix Q4 financials, Apple VR/AR ambitions, The ultimate PMF guide, PM principles, Preventing burnout, & more

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$250B: WeChat says it facilitated ~$250B in mini-program transactions last year, up ~100% over 2019; the company’s app platform enables users to hail rides, order food, etc; WeChat also said mini-games on the platform collectively claimed 500M-plus monthly active users

$10B: Criminal activity represented $10B in crypto payments last year, or 0.34% of all crypto spending, Chainalysis estimates; compares to $21.4B, or 2.1% , in 2019; scams represented the majority of…

User Journey Mapping, WhatsApp privacy, Alexa Custom Assistant, Future MacBook Pros, Windows 10x, and Grab Financial funding & more

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$4B: Sequoia Capital has purchased a stake in app automation platform Zapier via the secondary market; Sequoia purchased the shares from Zapier’s founders, valuing the firm at more than $4B; Zapier, which was part of YC S12, has previously raised $1.3M seed

$1.75B: Zoom ($111B market cap) raises $1.75B …

el producto moves to Substack, iPhone 13 mini, Google Maps transportation+parking tickets, GetYourGuide funding, Figma and Canva success & more

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Last few days I received some questions about what happened to the newsletter on Medium.

Two weeks ago, after the weekly email got wrongly flagged and blocked by MailChimp’s fraud-prevention algorithm (and the fact that it took them 3 days to resolve the incident), I decided to migrate it to Substack.

In order to simplify things, I will keep Substack as the single source for both the ‘blog’ edition and the mail…

Kickstarting A/B testing, Hyundai+Apple EV, Facebook’s smart glasses, European unicorns, Amazon data, Improving user-centered-design & more

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$800B: Tesla’s market cap passes $800B for the first time as shares jump more than 7%; CEO Elon Musk, who holds a 21% stake in the company, became the world’s richest man this week, with $188B in personal wealth; Tesla stock represented ~$170B of Musk’s net worth at one point on Friday

$64B: Apple’s App Store saw ~$64B in gross sales last year; up from an estimated $48.5B in 2018 and $50B in 2019; revenue grew…

Streaming platforms growth, Endowed progress effect, UX heuristics, The Product/Feature line, Amazon buys Wondery, 2021 tech predictions & more

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$14.4B: Experience management company Qualtrics files for IPO, seeks valuation of $12B-14.4B; SAP acquired the company for $8B in 2018, as Qualtrics prepared to go public; SAP announced last July it would spin out Qualtrics with plans for a listing; SAP will own ~80 % of outstanding shares following the debut, which is expected early next year

$9.3B: Indian startups have collectively raised $9.3B in 2020; represents the first time since 2016 that…

Apple cars, Zoom email & calendar, Product portfolios, The API economy, Daniel Ek interview, How Amazon thinks about competition, marketplaces & more

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$100B: Xiaomi’s market cap passes $100B; the company first targeted a $100B valuation when it went public in mid-2018, but it debuted at ~$50B; Xiaomi’s share price has more than doubled since it listed on Hong Kong’s Hang Seng Index this year

$420M: New York City-based Peloton ($42B market cap) acquires WA-based fitness equipment manufacturer Precor in deal worth $420M; Precor serves consumer and commercial markets, providing strength-training gear, stationary…

New Twitter features, Bolt funding, Coinbase IPO, Bitcoin growth, Alexa live translation, Facebook’s booking service, Mobile UX trends & more

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$660M: Zomato raises $660M Series J for a $3.9B post-valuation; the company began the round last year; Zomato is also in the process of closing a $140M secondary transaction; Zomato acquired Uber’s Indian food delivery service this year and plans to go public next year; raised ~$1.6B to date

$400M: Didi Chuxing’s on-demand trucking unit plans to raise as much as $400M in its first funding round; Didi Freight is aiming for…

Airbnb IPO, Apple Fitness+ launch, User story mapping, Uber sells its self-driving and flying taxi units, DIY user testing, Disney+ growth & more

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$920M: Hyundai has acquired robotics firm Boston Dynamics from SoftBank for ~$920M; SoftBank purchased the company from Alphabet in 2017

$730M: CISCO ($187.5B market cap) acquires UK-based cloud communications firm IMImobile for ~$730M; IMImobile offers customer interaction tools to enterprise customers

$155M: Scale AI, which provides a platform that augments data for AI model training, raises $155M Series D at a $3.5B valuation; claims Airbnb, DoorDash, and OpenAI as…

Angel Jaime

Full-time learner, product stuff, “triathlete” & global traveller. Creating cool products @ Revolut, formerly @ and @ Just Eat.

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