Source: Databricks tells investors it aims to raise $7B to $9B at a ~$61B valuation, to cash out employees that hold RSUs and cover the staff taxes it would owe
Cory Weinberg / The Information : X: @bryce , @alex , @josephjacks_ , and @eastdakota X: Bryce Roberts / @bryce : Zero reason for companies with high demand for their stock to go public anymore. None...
Health Catalyst, which provides data and analytics tech to healthcare organizations, raises $182M in its IPO, closing up 51% at $39.17 and now valued at ~$1.6B
Wall Street Journal : Tweets: @wsj and @bryce Tweets: @wsj : Health-technology firms Livongo and Health Catalyst both priced their IPOs above their already-boosted projections and sold more stock tha...
Sources: Saudi Arabia's Aramco is considering a $1B fund to invest in international tech companies and may open an office in Silicon Valley or elsewhere in US
Wall Street Journal : Tweets: @bryce Tweets: Bryce Roberts / @bryce : So, a seed fund http://twitter.com/...
How Timehop, running out of money, ditched programmatic ad partners, built its own ad server, boosted CPMs from $2 to $14, and increased revenues 10x YoY
Timehop had three months of runway in the bank when it decided its current advertising solution wasn't going to cut it. Tweets: @isaackrasny , @digiday , @rickwebb , @bryce , @digiday , @digiday , @co...
How Timehop, running out of money, ditched programmatic ad partners, built its own ad server, boosted CPMs from $2 to $14, and increased revenues 10x YoY
Timehop had three months of runway in the bank when it decided its current advertising solution wasn't going to cut it. Tweets: @digiday , @rickwebb , @bryce , @codinghorror , @digiday , @mdudas , and...
Filing suggests Travis VanderZanden, founder of scooter rental startup Bird that has raised $450M to date, has sold tens of millions of dollars worth of stock
The Information : Tweets: @dailydirtnap , @adamsinger , @alexisohanian , @eliotwb , @nikillinit , @mdudas , @bryce , @danprimack , and @coryweinberg Tweets: Jared Dillian / @dailydirtnap : What kind ...
Sources: Instacart in advanced talks to raise $400M in new funding at $3B valuation with Sequoia Capital leading the deal
as other on-demand startups die around it Tweets: Bryce Roberts / @bryce : Messing with drivers pay is “not something that investors apparently believe will have negative long-term consequences” http:...
Pitchbook: 90 VC funds have raised $17B in Q1 2016 so far, the biggest Q1 in three years, with $10B going to US-based firms
Sarah Lacy / Pando : Tweets: @mkrocks , @bryce and @semil Tweets: Michael Kim / @mkrocks : Vicious cycle: GPs hear LPs using up dry powder so GPs accelerate fundraising & LPs depleted for the year @s...