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Robinhood Q4: revenue of $363M, up 14% YoY, 2021 revenue of $1.82B, up 89% YoY, net loss of $423M, MAUs up 48% to 17.3M; stock down 14%+ on weak Q1 guidance (Maggie Fitzgerald/CNBC)
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UK startup Wagestream, which offers salary advances to employees via its app, raises a $60M Series C led by Smash Capital and $115M in debt (Ingrid Lunden/TechCrunch)
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An open-source developer, who expressed regret for supporting “Fortune 500s”, breaks ~19K projects by corrupting NPM libraries with millions of weekly downloads (Ax Sharma/BleepingComputer)
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Insitro, which uses machine learning to speed-up drug discovery, raises $400M, led by Canada Pension Plan; other investors include SoftBank, Temasek, a16z, more (Hannah Kuchler/Financial Times)
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Wearable device shipments for 2020 grew 28.4% to 444.7M units globally, led by Apple which grew 27.2% in Q4 and has 36.2% marketshare, followed by Xiaomi at ~9% (IDC)
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DNA testing company 23andMe raises ~$82.5M Series F led by Sequoia Capital and NewView Capital; the company laid off 14% of its workforce earlier this year (Kristen V Brown/Bloomberg)
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Scotland-based BetDEX, which is building a sports betting protocol on the Solana blockchain, raises a $21M seed led by FTX and Paradigm (Eli Tan/CoinDesk)
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