A successful initial public offering by the fast growing, big spending coffee company would buck the recent trend of weakness among tech start-ups in China. Source: NYT > Business – ALEXANDRA STEVENSON
They Got Rich Off Uber and Lyft. Then They Moved to Low-Tax States.
Meet the semiretired millennials who left California for low-tax, low-stress places like Texas, as their former start-ups stampede toward the stock market. Source: NYT > Business – KATE CONGER
Start-Ups Hoping to Fight Climate Change Struggle as Other Tech Firms Cash In
A number of small companies are looking for ways to remove carbon from the atmosphere. But investors, burned by the clean-tech boom a decade ago, are leery. Source: NYT > Business – NATHANIEL POPPER
Ride-Sharing’s Future? It May Sit on Electric Motorbikes
In India, start-ups are opening a new front in the global ride-hailing battles, just as Uber prepares to go public. Source: NYT > Business – VINDU GOEL
With Uber’s I.P.O., Dara Khosrowshahi Is Taking Travis Kalanick’s Company Public
The C.E.O. wants to prove that the start-up has evolved past a raucous, and profligate, tech-bro culture. But Uber’s past is simply not that far gone. Source: NYT > Business – MIKE ISAAC
How China’s ‘Unicorns’ Shook a Bicycle Town
Bike-sharing start-ups brought prosperity to Wangqingtuo. Now residents are dealing with the mess they left behind. Source: NYT > Business – ALEXANDRA STEVENSON and CAO LI