Definitely Not Summit Preview with beastcoast CEO Grant Zinn and Building Esports from the Campus Up - Cheddar Sports 12/14/18
Only two days after releasing the Infinity Blade, Epic's decided to vault the controversial item - just too late to have prevented its influence on the Winter Royale. But there are plenty of tournaments that seem to have their structure figured out - including Smash Ultimate's inaugural major, Don't Park on the Grass 2018, which we preview with EndgameTV COO Aiden McCaig. UCI Esports Director Mark Deppe tells us how he's pushing the boundaries of what college esports can be and beastcoast CEO Grant Zinn fills in for Zane and briefs us on Definitely not Summit, DOTA 2's biggest definitely not major of the season.
Anthony Sassine, a senior investment strategist at KraneShares, joined Cheddar to discuss Rivian's historic public debut after the company achieved an $86 billion valuation — more than either Ford or GM. He said the big IPO was a great opportunity for the U.S. to position itself as a leader in the EV space after lagging behind Europe and China. "When you have certainty for growth for the next 10 to 15 years, investors are willing to pay more," he said. "So, this is a massive opportunity for the whole space."
The Department of Justice has filed a lawsuit against Uber, alleging the ride-hailing company discriminates against customers with disabilities. The DOJ is arguing that its two-minute wait period before a cancellation fee is applied violates the Americans With Disabilities Act.
Food delivery giant DoorDash is acquiring European food delivery company Wolt. The all-stock deal is valued at $8.1 billion and is expected to close in the first half of 2022. The companies say they share a mission to build a global delivery platform. Gerber Kawasaki investment advisor Eva Agi joins Cheddar News' Closing Bell to discuss what the deal means for Doordash, as well as its customers and investors.
Identity verification startup Socure recently raised $450 million dollars in a series E round, bringing the company's valuation to $4.5 billion. Socure says it is now the highest-valued private company in the identity verification space, and that the funds will be used to accelerate its mission to verify 100% of good identities and eliminate identity fraud across all industries. Socure Founder and CEO Johnny Ayers joins Cheddar News' Closing Bell to discuss.
