Bird raises $100 million for its Uber-like scooter service

Bird, an Uber-like service for electric scooters, on Friday announced that it has raised $100 million in Series B funding.

  • The pre-money valuation was $300 million, per a source close to the company.
  • Arena Ventures founder Paige Craig is joining Bird as head of ops, which means he'll not proceed with plans to launch a new pre-seed fund.

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⚖️ Live updates: Opening arguments begin in Trump impeachment trial

The second day of the Senate impeachment trial of President Trump will see a full day of opening arguments from Democratic House impeachment managers.

What to watch for: Democrats now have 24 hours — spread out over three days — to take their time to lay out their case against the president's alleged abuse of power and obstruction of Congress. It'll also allow them to highlight gaps that could be filled out by additional witnesses and documents from the administration.

This post will be updated with new developments as the trial continues.

Go deeperArrowJan 21, 2020 - Politics

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America's homelessness crisis isn't going away

Illustration: Aïda Amer/Axios

If the opioid epidemic was the top issue plaguing American cities in the last five years, the most urgent problem of the next five is homelessness, a group of American mayors told reporters in D.C. this week.

Why it matters: Homelessness in the U.S. was on the decline after 2010, but it started to increase again in 2016 — and without moves to address the affordable housing crisis driving the issue, we can expect it to keep getting worse, experts say.

Go deeperArrow2 hours ago - Cities