Filing: Elon Musk acquires a 9.2% stake in Twitter, worth ~$2.89B at Friday's market close, becoming its largest shareholder; Twitter shares rise 27.2%
You may have already heard the news that shocked the internet yesterday... Michelle Chapman / TIME : Elon Musk Will Join Twitter's Board of Directors Yashu Gola / Cointelegraph : Elon Musk's Twitter i...
Sam Altman ridicules the startup fundraising process, joking that OpenAI raised a $250M series A on the back of six other rounds
Sam Shead / CNBC : Source: @sama . Tweets: @sam_l_shead Source: Sam Altman / @sama : After our pre-friends-and-family round in 2016, our F&F round in 2017, our angel round in 2018, our pre-seed round...
PitchBook: the number of European VC deals with US investor participation rose from 359 deals totaling €2.7B in 2011 to 1,434 deals worth €50.8B so far in 2021
- Veteran investor Alex Ferrara, a partner at Bessemer Venture Partners, which backed companies like LinkedIn and Pinterest … Source: PitchBook . Tweets: @alexferrara , @ryan_browne_ , and @sam_l_shea...
PitchBook: the number of European VC deals with US investor participation rose from 359 deals totaling €2.7B in 2011 to 1,434 deals worth €50.8B so far in 2021
- Veteran investor Alex Ferrara, a partner at Bessemer Venture Partners, which backed companies like LinkedIn and Pinterest … Source: PitchBook . Tweets: @alexferrara , @sam_l_shead , and @ryan_browne...
Filings: TikTok's European revenue grew 545% YoY to $170.8M in 2020 as losses soared to $644.3M, up from $118.7M in 2019; headcount grew to 1,294 from 208
Sam Shead / CNBC : Tweets: @stokel , @stokel , @stokel , @stokel , @sam_l_shead , and @sam_l_shead Tweets: Chris Stokel-Walker / @stokel : NEW: TikTok's UK accounts are up on Companies House. Turnove...
UK government says its Future Fund has invested £1.14B since April 2020 and has stakes in 158 startups, including DIY computer maker Kano and event app Dice FM
Sam Shead / CNBC : Source: British Business Bank .
Delivery Hero takes a 5.09% stake, worth around £400M, in rival Deliveroo, sending shares of Deliveroo up over 10% from £3.36 to £3.60 per share
Sam Shead / CNBC :
Estonia-based ride hailing service Bolt says it is launching a car sharing service in Europe, Bolt Drive, investing $24M in the expansion
Sam Shead / CNBC :
German online car trading service Auto1 plans to raise $1.2B in an IPO on Frankfurt Stock Exchange, aiming to go public in Q1
Sam Shead / CNBC :
Filing: Snap UK had revenue of $653M in 2019, up from $403.7M YoY, but losses grew to $435M, and will borrow up to $500M from Snap over the next five years
Michael Cogley / Telegraph : Tweets: @sam_l_shead Tweets: Sam Shead / @sam_l_shead : Snap UK plans to borrow up to $500m from its US parent over the next 5 years https://www.telegraph.co.uk/ ...