Mon. 04/08 - About Those iPhone Triple Camera Rumors...

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 8 April 2019

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pinterest’s IPO looks set to make it an “undercorn,” the UK has some more ideas about regulating internet platforms, about those iPhone triple camera rumors, Netflix dumps AirPlay and Snap opts not to beat ’em; instead, plan’s to join ’em. Sponsors: PaintYourLife.com: Text the word TECH to 48-48-48 Tiny.website Links: Pinterest sets IPO range at $15-17, valuing it at $10.6B vs previous valuation of $12.3B (TechCrunch) iPhone rumors now claim two OLED models with triple-camera arrays for 2019 (The Verge) New report claims that the triple-camera iPhones in 2019 will feature 6.1-inch and 6.5-inch OLED screens, tweaked chassis thickness (9to5Mac) Netflix confirms it killed AirPlay support, won’t let you beam shows to Apple TVs anymore (The Verge) ‘CHANGE MY VIEW’ REDDIT COMMUNITY LAUNCHES ITS OWN WEBSITE (Wired) To stop copycats, Snapchat shares itself (TechCrunch) Microsoft launches first Chromium Edge builds for Windows 10 (VentureBeat) Subscribe to the premium ad-free feed! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Mem Ride Home for Monday, April 8th, 2019. I'm Brian McCullough today.
0:10.0	Pinterest IPO looks set to make it an under corn. The UK has some more ideas about
0:16.2	regulating internet platforms. About those iPhone triple camera rumors, Netflix dumps Airplay, and Snap Ops Not to Beat Them, instead plans
0:27.3	to join them.
0:28.3	Here's what you miss today in the world of Tech.
0:40.0	Pinterest is going to be the next of the big name Unicorns to go public, it looks like. And normally I hold off on talking about things like the setting of price ranges and valuations
0:45.2	until the day of the actual IPO because these things are always in flux.
0:50.1	But this is interesting.
0:51.7	Pinterest is setting its IPO price range at between $15 and $17 a share,
0:57.5	implying a valuation of around $11.3 billion if it achieves the top end of that range.
1:04.5	And what's interesting is that Pinterest's valuation,
1:08.4	the last time it raised private money,
1:11.0	was $2.3 billion.
1:14.4	So that would be less, a billion dollars less than the high point of its private valuation, which
1:21.7	means, as Aaron Griffith tweeted, Pinterest is starting
1:25.8	its road show as a quote, undercorn.
1:29.7	If you were an investor in that final Pinterest raise, you're already starting off
1:34.6	underwater potentially. Companies and investors do not like to see that happen.
1:39.3	Is this some sign that investors are beginning to understand that notion that we talked about earlier that these companies are coming to market in largely mature states that the days of easy growth might in fact be behind them.
1:54.0	Our tech IPOs not the reasonably exciting investment opportunities that they used to be,
2:00.0	at least if you're not one of the fortunate few able to get in on the private funding rounds.
2:06.8	At the very least, these unicorns, at least on an individual basis, are not looking
	...

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