llustration:Rebecca Zisser / Axios
Electric scooter rental company Bird today announced $275 million in Series D funding at what we hear was a $2.5 billion pre-money valuation. CDPQ and Sequoia Capital co-led the round.
The bottom line: E-scooter companies are simultaneously working to curb losses, curry favor with city regulators, and convince investors they're the next great transportation revolution.
Illustration: Sarah Grillo/Axios
Illustration: Sarah Grillo/Axios
Republicans, win or lose next week, face a big — and growing — math problem.
The state of play: They're relying almost exclusively on a shrinking demographic (white men), living in shrinking areas (small, rural towns), creating a reliance on people with shrinking incomes (white workers without college degrees) to survive.
Illustration: Aïda Amer/Axios
With less than a week until the 2020 election, researchers have expressed concern that the information ecosystem today is ripe for an unprecedented level of exploitation by bad actors, particularly hyper-partisan media and personalities on the right.
Why it matters: The misinformation-powered right-wing media machine that fueled Donald Trump's 2016 victory grew stronger after that win, and it's set to increase its reach as a result of the upcoming election, whether Trump wins or loses.