The Big Story
Uber had a rollercoaster week. It merged with rival Didi in China, it’s about to get banned from Taiwan, and its Southeast Asia rival is set to raise $1 billion. Lee Schafer comments: “Ride-share business seems to have very aggressive guys. Didi beats Uber senseless, then invests in a SE Asian rival.”
Former Foursquare employees team up to build Iterate, a survey platform for startups. “Feedback is oxygen for product development. Congrats to my old colleagues @msingleton @lankybutmacho on @IterateHQ,” Noah Weiss tweets.