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- OpenSea's valuation -90% to $1.4B, as Coatue's 2021 fund -20%
OpenSea's valuation -90% to $1.4B, as Coatue's 2021 fund -20%
Bay Area Times
November 08, 2023
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Top stories today:
- OpenSea's valuation -90% to $1.4B, Coatue's 2021 fund -20%
- Google rolls out generative AI tools for Ads
- Israel enters “heart of Gaza City”, as U.S. rebuffs reoccupation
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
All times are ET.
1. OpenSea's valuation -90% to $1.4B, as Coatue's 2021 fund -20%
Coatue was at -30% in September.
The 2021 vintage of VC funds is running negative, at the median, according to Cambridge Associates data as of March.
Moonpay also marked -90%.
2. Google rolls out generative AI tools for Ads
Performance Max uses AI to generate images, headlines, and descriptions:
Performance Max can also generate different backgrounds for images
Available in beta in the U.S.
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