Equity

Equity Monday: PayPal punts on Pinterest as Facebook's hell month continues

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Sinopsis

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here. I also tweet.Taking a look around the world, stocks were largely higher in Asia and Europe and are looking somewhat mixed in the United States. There are a host of technology earnings coming this week, mind.Facebook is taking all sorts of incoming fire from media reporting on a trove of documents that a whistleblower leaked. The company is not having a good month, let along quarter from a PR perspective. It reports earnings later today. Here's the NYTimes piece we noted, the Bloomberg article, the CNN piece, and the Verge entry.The PayPal-Pinterest deals is done for now. PayPal said so this morning. Its shares are up, while Pinterest shares are sharply lower.And from startup-land: Routine is a new app that looks slick, Billie raised $100 million, Tier