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EC Newsletter

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By Gavin Duvall
In Airbase, Brex, divvy, EC Fintech, EC Newsletter, finance, payments, Ramp, Startups, TC
Posted May 7, 2021

Why did Bill.com pay $2.5B for Divvy?

As expected, Bill.com is buying Divvy, the Utah-based corporate spend management startup that competes with Brex, Ramp and Airbase. The total purchase price of around $2.5 billion is [...]

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By Gavin Duvall
In Automotive, earnings, EC Mobility Hardware, EC Newsletter, lyft, TC, Transportation, Uber
Posted May 6, 2021

Uber’s mixed Q1 earnings portray an evolving business

Today, Uber followed Lyft in reporting its Q1 2021 earnings this week. And like its rival, its results take a little bit of work to understand. So, this afternoon, we’re going to parse them as a [...]

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