EXCLUSIVE: SpaceX is looking to raise another big round of funding and wants to double its valuation to up to $92 billion
Summary List PlacementSpaceX, the rocket company founded by Elon Musk, is looking to pull in another significant round of capital after raising $1.9 billion just four months ago, according to two people with knowledge of the deal. SpaceX is in discussion to double its valuation from $46 billion to as much as $92 billion and looking... go to Article >
Betterment is buying rival Wealthsimple's $190 million US customer base as its new CEO sets the robo-advisor on IPO path
Summary List PlacementBetterment is set to acquire Canadian competitor Wealthsimple's US-based customer accounts in a deal that will add some $190 million in assets and 17,000 customers to the robo-advisor just three months after the fintech... read more
Coca-Cola's BodyArmor acquisition, a direct strike at Pepsi's market share, started out as a minority investment. Here are 8 other brands that big...
Summary List PlacementTest driving a car can determine whether it's worth buying. A first date can tell you whether someone is worth forging a relationship with. And for big food and beverage companies, a minority stake can be the first step... read more
Inside the disruptive rise of $2 billion Babylon Health, which sources say is considering a multibillion-dollar SPAC in 2021
Summary List PlacementAt the beginning of this year, Babylon Health CEO Ali Parsa told his 2,000-strong staff in an all-hands that the firm's partnership with the Canadian telecoms firm Telus was under review. Babylon partnered with Telus'... read more
Inside the glitzy, fractured world of Palm Beach, where Trump's Mar-a-Lago move rankles locals but the wealthy are fighting over mansions anyway
Summary List PlacementWhen President Donald Trump was evicted from the White House by American voters, he retreated to Mar-a-Lago, the gilded Palm Beach, Florida, club billed as the "winter White House" throughout his term. Now he could be... read more
API startup Shippo doubled its valuation to $495 million with new funding to make all shipping as easy as Amazon Prime
Summary List PlacementShippo, a software startup that wants to make shipping as easy as Amazon Prime for all online businesses, announced a $45 million Series D round on Tuesday led by D1 Capital and joined by other existing investors Bessemer... read more
EXCLUSIVE: Tiger Global is leading a massive $200 million investment in Robinhood competitor Public.com at about a $1.2 billion valuation,...
Summary List PlacementInvestors are scrambling to grab stakes in another hot fintech startup, Public.com, a stock buying app and competitor to Robinhood. The startup, which offers a zero-fee trading app that doubles as an online investing... read more
'We're going to f--- you over': Seed-stage VCs are in a fight for their lives against giants like Sequoia and Coatue.
Summary List PlacementWhen a tiny two-person San Francisco startup named Stytch began pitching venture capital firms for its first-ever round of funding early last year, known as a "seed" round, the partners at venerable seed firm First Round... read more
We're on the brink of a 3rd US COVID-19 vaccine
Summary List PlacementHello, It's snowy again here in Denver, just in time for the East Coast to get a break. My dog is loving it, and I wish I was tech-savvy enough to include videos in emails. You'll have to just imagine a 70-pound pup bounding... read more
NBA star Russell Westbrook just led a $63 million investment in a challenger bank looking to expand into lending
Summary List PlacementNBA star Russell Westbrook is making moves in a new arena: fintech. Westbrook, a point guard for the Washington Wizards who was named the NBA's most valuable player for the 2016-17 season, is leading a $63 million... read more
A startup helping community banks expand their reach with digital offerings just nabbed a $53 million Series C round led by Insight Partners
he Summary List PlacementDesigning a new user interface for a bank's mobile app is a key challenge. For many customers it might be their first window into the bank, and it has to be easy and simple to use. But developing a new front-end is only... read more
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