Sources: Anthropic has ruled out taking any Saudi money over national security concerns, as investors jostle to buy into FTX's 8% stake that is now worth ~$1B
report RT Watson / The Block : OpenAI rival Anthropic selling FTX stake, but Saudi buyers left out of consideration: report Ananya Mariam Rajesh / Reuters : Anthropic weighs slate of sovereign wealth ...
Leaked audio: at a Google all-hands, Sundar Pichai expressed some annoyance at employees asking about cost cutting, telling them not to “equate fun with money”
less lavish parties at work means fewer “day of work” tiktok videos :( https://www.cnbc.com/... Sar Haribhakti / @sarthakgh : Pichai trying hard to not lash out on the entitled class “I'm a bit concer...
Commonstock, a social network for retail traders that requires them to link their brokerage account before posting about their investments, raises $25M Series A
Kate Rooney / CNBC : Tweets: @kr00ney , @kwharrison13 , and @gavinsbaker Tweets: Kate Rooney / @kr00ney : Social media network Commonstock betting that enthusiastic retail traders are here to stay & ...
Robinhood announces IPO Access, which will let retail investors buy shares of companies at their IPO price before trading begins on public exchanges
Under the Hood ... looks cool https://blog.robinhood.com/... Kate Rooney / @kr00ney : Robinhood is giving clients access to IPO shares, a longstanding Wall Street dominion 🏦 Partnering with investment...
Pilot, which helps SMBs outsource accounting tasks like payroll, raises $100M Series C led by Bezos Expeditions and Whale Rock Capital, at a valuation of $1.2B
now Jeff Bezos is leading a new round in his company, @PilotHQ, at a $1.2B valuation. We're excited to be investing again alongside @sequoia and others. https://www.cnbc.com/... Kate Rooney / @kr00ney...
Stripe launches Treasury to let its customers offer checking accounts and other business-banking services; Shopify will offer the services from early next year
Hello! Today: A new breed of startups is trying to help other startups manage their finances better. Stripe : Stripe launches Stripe Treasury in major expansion of financial services offering for pla...
Affirm files its draft S-1 for an IPO; in its fiscal year ending June 30, 2020, Affirm's revenue was $509.5M, up ~93% YoY, while net losses fell to $112.6M
Affirm Holdings, Inc. is offering shares of Class A common stock. TechCrunch : Roblox files to go public JD Alois / Crowdfund Insider : Max Levchin's Fintech Affirm Files S-1 to Go Public Da...
TransferWise announces a new $319M secondary share sale round led by Lone Pine Capital and D1 Capital Partners at a $5B valuation
and Draper Esprit cashed in big Scoop : TransferWise Valuation Jumps To $5bn In $319m Secondary Share Sale Decrypt : Challenger bank TransferWise hits $5 billion valuation after $319 million round Ben...
Crypto mining company Bitmain files for Hong Kong IPO; draft filing shows $2.8B in revenue as of June 30 and $422.05M raised in funding round that ended Aug. 7
per new @Globalcoinrsrch story — that's a big drop from Q1's $1.1B profit on $2B in revenue and doesn't exactly give momentum for IPO https://techcrunch.com/... Francis Pouliot / @francispouliot_ : Di...