Bastian Lehmann
Report: Postmates founder Bastian Lehmann launches crypto startup
According to local news outlet FinanceFWD, German entrepreneur Bastian Lehmann is making a move into the crypto industry with the creation of a new startup called “TipTop Labs.” Although details surrounding the venture remain unknown, its website states the firm seeks to provide “consumer finance solutions for an emerging web.” On its careers page, it appears that TipTop Labs is hiring a blockchain engineer whose primary responsibilities include “Building protocol components that integrate across different blockchain systems,” and “leading the design and architecture of core protocols and tokens.” The firm has been registered in the State of Delaware since February. On his Linkedin page, Lehmann states that he is the current founde...
Uber ‘lays off’ 185 former Postmates workers
Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub. Meal delivery has been one bright spot for Uber amid the pandemic, as bookings in its Uber Eats division rose 135 percent year-over-year in the third quarter while its ride-hailing segment dropped 50 percent over the same time period. It’s consolidated other parts of the company in a bid to become profitable by the end of 2021, selling its autonomous vehicles segment to Aurora Innovation in December, the same month it sold its Uber Elevate flying taxi division to Joby Aviation. The latest cuts will see Postmat...
