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Garry Tan, who heads up Y Combinator, has since deleted his pretty dark tweet, but the drama was the talk of the town this week.
The company is still chasing the profitability milestone, and with a strategy that seems to throw everything at the wall to see what sticks — from ad-supported content to social sharing features — Plex is betting big on becoming a major player in the streaming game. Despite its vast resources, Apple chooses to play the victim, warning that these regulatory adjustments are detrimental to its user base, whom it apparently views as incapable of making informed decisions. More like departure: Arrival, the commercial EV startup once celebrated for its innovative microfactory concept, has gone from a $13 billion valuation to potentially being worth pocket change, proving that not all that glitters in the SPAC world is gold.
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