valuation

On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
September 26, 2019  |  IPO

Fitness startup Peloton is hoping for an $8.2 billion valuation as it goes public, The Financial Times reported on Wednesday (Sept. 25). Under the PTON...

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SoftBank Considers $1B WeWork Investment Following Stalled IPO
SoftBank Considers $1B WeWork Investment Following Stalled IPO
September 26, 2019  |  IPO

A tumultuous week for WeWork will ultimately bring more investment money for the office-sharing firm, Reuters reported on Wednesday (Sept. 25). Japan’s SoftBank Group is...

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WeWork’s Neumann To Relinquish CEO Role After IPO Shelving
WeWork’s Neumann To Relinquish CEO Role After IPO Shelving
September 24, 2019  |  Personnel

Adam Neumann, co-founder and CEO of WeWork, will step down from his position, according to a report by The Wall Street Journal. The news comes...

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SoftBank’s Hard Landing Among The Tech Unicorns
SoftBank’s Hard Landing Among The Tech Unicorns
September 23, 2019  |  Investments

Rise by the tech unicorn, sink by the tech unicorn. The decision by the We Company – the parent firm of office-sharing company WeWork –...

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SoftBank To Push For WeWork CEO To Step Down
SoftBank To Push For WeWork CEO To Step Down
September 22, 2019  |  IPO

Investors and board members are growing weary of the behavior by WeWork’s CEO and co-founder Adam Neumann, and they are looking to force him out...

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Stripe’s Valuation And The Value Of Real Disruption
Stripe’s Valuation And The Value Of Real Disruption
September 20, 2019  |  Sizzle/Fizzle

You’d be forgiven for thinking that the WeWork IPO – rather, the shelving of that IPO, at least for now – heralds the end of...

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Postmates Raises $225M On $2.4B Valuation Pre-IPO
Postmates Raises $225M On $2.4B Valuation Pre-IPO
September 19, 2019  |  Investments

As it prepares to go public, delivery company Postmates has raised $225 million at a $2.4 billion valuation, according to a report by TechCrunch. The...

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WeWork Postpones IPO
WeWork Postpones IPO
September 16, 2019  |  IPO

WeWork’s parent company is ready to postpone its initial public offering (IPO). The news follows reports that SoftBank — the company’s biggest investor — asked...

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Plaid Gets Strategic Funding From Visa And Mastercard
Plaid Gets Strategic Funding From Visa And Mastercard
September 16, 2019  |  Investments

Plaid, which focuses on APIs, said on Mon. (Sept. 16) that it has received strategic investments from Mastercard and Visa. The companies said in the...

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