Lyft has never been profitable. like Uber its business model is based on scale and the hope that someday it will turn a corner and be able to offer enough services to be in the black. We don’t know if that day will come, and it certainly isn’t today: Lyft just reported its first-ever earnings report […]
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It worth noting he didn’t own the home, however, James Dean did live in this Hollywood Hills house before he was the legend we all know today. The Rebel Without a Cause star occupied the guest suite and worked as an on-site handyman for the owner and Warner Bros. exec Hal B. Wallis while he was a […]
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It’s been announced that Uber will be teaming up with electric scooter rental company Lime to add a new type of transport to its existing offering. Lime, which was founded by ex-Uber executive Travis VanderZanden, is currently growing at a rapid pace and just completed a $335 million financing round led by Alphabet Inc., valuing […]
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Luxury items are expensive. That is neither a new nor revolutionary thought. But whereas purchasing a Ferrari or an Andy Warhol painting begets a price tag that most people are happy to justify — seller, buyer, and overall marketplace — equivalent items from the world of timepieces are often held up as “too expensive.” That isn’t to say it […]
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WeWork has spent 2017 riding a rocket. The co-working company leases buildings, renovates them to be luxe Silicon Valley-style offices, and then rents out those offices one desk or a conference room at a time. Just within 2017, WeWork raised $4.4 billion from SoftBank’s Vision Fund. As of October, it had 172 locations in 18 countries, used by more than 150,000 members. WeWork itself employs over […]
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It had to happen at some point, but it was assumed there were many years of steep growth still to come for Airbnb. The number of people booking a room on the platform grew just 3.3% last year, falling from 7.9% in the previous 12 months, and even higher in previous years. (That data is […]
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A rare Leonardo Da Vinci painting has shattered the record for art sold at auction or privately after selling for $450 million on Wednesday. The new world record holder is Leonardo Da Vinci’s Salvator Mundi(Latin for “Savior of the World”) and is one of fewer than 20 paintings by the artist that is known to exist. The painting depicts Jesus Christ in Renaissance […]
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Fun fact: there were 213,089 Mercedes SL-Class R129 produced. Here’s another: you can still buy one for under £10,000. And, with such a design pedigree, reliable engineering and enviable looks – it is a car destined to only rocket in price. So get in gear early, and invest now. But why invest we hear you ask? When […]
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