valuation

Funding Round Could Give AvidXchange $2B Valuation
Funding Round Could Give AvidXchange $2B Valuation
December 09, 2019  |  B2B Payments

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times...

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With Manchester City, Investors Look Beyond Tech And On The Turf
With Manchester City, Investors Look Beyond Tech And On The Turf
November 29, 2019  |  Investments

Valuations are high. Not just in the stock market. Pretty much everywhere you might look.  And as investors look across various asset classes, might the...

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OYO May Not See Profits In China, India Until 2022
OYO May Not See Profits In China, India Until 2022
November 25, 2019  |  Startups

India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022,...

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Barclays: Grubhub Stock Could Soar With Smart Merger Move
Barclays: Grubhub Stock Could Soar With Smart Merger Move
November 15, 2019  |  Delivery

Barclays has raised its investment opinion of Grubhub, positing that a few key moves could significantly change the future outlook of the company, according to...

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Visa To Invest $200M In Nigerian FinTech Interswitch
Visa To Invest $200M In Nigerian FinTech Interswitch
November 12, 2019  |  Investments

Africa’s veteran FinTech firm Interswitch became the sector’s first unicorn following a $200 million investment by Visa that gave it a 20 percent equity stake...

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Peloton Acquires Gossamer Engineering To Boost Product Development
Peloton Acquires Gossamer Engineering To Boost Product Development
November 05, 2019  |  Partnerships / Acquisitions

Earlier this year, fitness startup Peloton Interactive acquired Gossamer Engineering, which has designed devices for Google and Facebook. Bloomberg reported that it is unknown how...

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SoftBank Wants Majority Stake In WeWork, Sans Liabilities
SoftBank Wants Majority Stake In WeWork, Sans Liabilities
October 21, 2019  |  Investments

SoftBank looks to become the majority owner of WeWork without getting into long-term lease obligations, Reuters said on Saturday, Oct. 19. Sources told Reuters that...

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VCs, Execs Meet To Discuss State Of IPO Landscape
VCs, Execs Meet To Discuss State Of IPO Landscape
September 30, 2019  |  IPO

Hundreds of venture capitalists and high-level executives are meeting in Silicon Valley to discuss whether the current initial public offering (IPO) model is outdated and...

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Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
September 27, 2019  |  IPO

Digital fitness brand Peloton ended its first day of trading down 11 percent from its IPO price of $29 a share, Marketwatch reported on Thursday...

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