• Trending on the Ticker

  • @Nike fires FuelBand team, will stop making wearables, @CNET reports; Nike lays off 70-80% of 70-person hardware team; Nike was planning to release a slimmer version of the FuelBand earlier this fall but cancelled the project - Link
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  • @Airbnb closes $500M round @ $10B valuation led by TPG, sources say; raised $826M to date; negotiations were reported by @wsj on March 21; has 600k listings across 200 countries; revenues in '13 were about $250M, acc to @WSJ - Link

  • @SpaceX launches unmanned Falcon 9 rocket carrying 2½ tons of supplies to International Space Station; will reach the station on Sunday; the launch is SpaceX's 3rd cargo delivery under its 12-flight, $1.6B contract w/ NASA - Link
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  • Tien Tzuo, CEO of Zuora & fmr CSO/CMO @ @Salesforce, blogs 'These Numbers Show That Box CEO Aaron Levie Is A Genius': Box has $148M ARR, up 2x from a yr ago; it doesn't cost that much to offer storage in the cloud; @levie can cut R&D back down to 15%, sales & marketing down to 15% & he'll have a 25% margin business - Link
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    @ttunguz responds to Tzuo's post: 'Fast-growing SaaS companies like Box bet the deep trough of low margins and huge burn will eventually translate into enormous revenues over time with very strong ROI' - Link
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  • Google Trends launches email subscriptions for topics, Hot Searches, US monthly top chart; users can receive alerts once a wk or mo & choose countries - Link
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