Sources: Elon Musk proposes timing SpaceX's IPO with a rare planetary alignment and his June birthday; SpaceX seeks to raise up to $50B at a ~$1.5T valuation
Sources: private capital firms like Oaktree, EQT, and DWS are seeking to cash in on the US-driven AI boom, launching €17B of European data center sales in weeks
Oaktree Capital, Partners Group and EQT among those seeking to cash in on AI boom — Private capital firms are seeking … X: @ivanlevingston X: Ivan Levingston / @ivanlevingston : ...
Alphabet acquires NYC-based cybersecurity startup Wiz for $32B cash, its largest acquisition yet, pending approval; antitrust fears stalled a $23B deal in 2024
The acquisition is Alphabet's biggest yet, after a $23 billion takeover attempt stalled last year.
Sources: a16z is pulling back from its much-touted expansion into UK crypto investing, seeking to refocus on the US crypto industry following Trump's election
Silicon Valley investor says it wants to refocus on US market with Donald Trump in office — Andreessen Horowitz is closing …
How tensions between past and present leaders of Sequoia, which had a reputation for quiet competence, have spilled into the open with the Klarna boardroom spat
Tension between past and present leaders of Silicon Valley's premier venture group have spilled into the open
Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license
Minister to meet payment group's bosses amid fears UK's biggest tech group will leave the country
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives
Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
Sources: Marc Benioff's controversial acquisitions, focus on growth over profits, celebrity relationships, and philanthropic pursuits have vexed shareholders
Marc Benioff helped build software group into a Silicon Valley giant but shareholders are agitating for change
Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B, and sources say Gorillas alone at ~$1.2B
Combined group worth $10bn represents a fall in valuation as investors turn against lossmaking tech start-ups
Dream Security, a cybersecurity startup co-founded by former NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, has raised $20M
Ivan Levingston / Bloomberg :
A profile of Checkout.com founder and CEO Guillaume Pousaz, who owns 60% of the $40B London-based payments company and has begun investing in fintech startups
A college dropout from Switzerland has amassed a $14 billion fortune to become one of the country's richest people by creating a rising star in electronic payments. Tweets: @ivanle...
Acronis, which offers enterprise cybersecurity and data protection tools, raised $250M at a $3.5B+ valuation, up from $2.5B in May 2021 after raising $250M
Bloomberg : Tweets: @ivanlevingston . Thanks: @ivanlevingston Tweets: Ivan Levingston / @ivanlevingston : Scoop: Cyber firm Acronis raised $250 million earlier this year at a $3.5...
Deliveroo plans to introduce new ad space on its app and website in July, including selling ads on its order-tracker page, in its push to become profitable
Ivan Levingston / Bloomberg : Tweets: @ivanlevingston Tweets: Ivan Levingston / @ivanlevingston : A bit of 🍔 🚴 news this morning: Deliveroo is rolling out an ad platform to attrac...
Blockchain.com raises funding at a $14B valuation led by Lightspeed, more than doubling its last valuation in March 2021
Startup Blockchain.com said it raised new funding that values the company at about $14 billion, more than doubling its worth in a sign that cryptocurrency firms still enjoy …
VC firm Index Ventures halts its investments in Russia indefinitely and says it will support portfolio companies that move their teams out of the country
Israeli VC firm Cyberstarts, which bets on early-stage cybersecurity startups, has posted a 300% internal rate of return since its fund's inception in 2018
Israeli venture capital investor Cyberstarts has generated top returns by betting on cybersecurity entrepreneurs at the early stages … Tweets: @middleeast and @ivanlevingston Tweet...
Strava CEO Michael Horvath says the app's revenue increased 68% YoY in 2021, suggesting a revenue of approximately $170M and a paid subscriber base of 2M to 3M
Strava CEO Michael Horvath says the app's revenue increased 68% YoY in 2021, suggesting a revenue of approximately $170M and a paid subscriber base of 2M to 3M
The app's revenue spiked 68% in 2021. But retaining the New Year's resolution crowd is a perennial problem, especially come quitter's day—aka Jan. 17. Tweets: @ivanlevingston , @c...
Delivery Hero says it will exit its food delivery business in Germany after seven months and divest its Japanese operations
- Company scales back after re-entering home market this year — Japan business divestment planned for first quarter of 2022
A look at the ethical minefield of VCs making personal startup bets ahead of follow-up investments from their VC firms, like at GV, BlackRock, DST, and others
Bloomberg : Tweets: @ivanlevingston , @technology , @ivanlevingston , @ivanlevingston , @ivanlevingston , and @ivanlevingston Tweets: Ivan Levingston / @ivanlevingston : As VC hit...