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A look at the sprawling network of group chats that began in 2020 as a place for SV leaders to talk candidly, with Marc Andreessen playing a central role (Ben Smith/Semafor)

Ben Smith / Semafor : A look at the sprawling network of group chats that began in 2020 as a place for SV leaders to talk candidly, with ...

16 January 2025

Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B (Bloomberg)

Bloomberg:
Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B  —  - Existing VC backers are in talks to unload some of their stock  — Xiaohongshu on track to regain 2021 peak as TikTok ban looms

Posted from: this blog via Microsoft Power Automate.

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