Private equity firms are reportedly holding onto a record 28,000 companies worth $3 trillion-plus. It’s a situation outlined in a report Sunday (May 26) by the Financial Times (FT), which noted that the private equity (PE) sector’s difficulties in providing returns to clients is hurting hedge funds,...
Payment processor Stripe’s value has reached $65 billion following a share sale deal with employees. The deal will see Stripe and some of its investors purchase more than $1 billion in stock from current and former employees, Bloomberg News reported Wednesday (Feb. 27), citing sources familiar with the matter....
Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence companies that has revived Silicon Valley investment activity. Databricks recently announced a $1.3 billion mostly stock deal to acquire AI...
Insight Partners has reportedly lowered the $20 billion goal for its latest fund as tech valuations continue slumping. The venture capital fund has raised just $2 billion for its 13th fund, the Financial Times (FT) reported Monday (June 12), citing a letter from Insight to...
July 07, 2016
Amid stock volatility, some unicorns pull back from previous IPO plans. Could there be cannibalization amid mergers and acquisitions, too?
June 09, 2016
It’s raining IPOs! Well, not really, but if Bain’s Blue Coat goes public, the grand total of tech-related IPOs this year will reach — three. But other unicorns are mulling...
July 15, 2024
The valuation of payments processing platform Stripe reportedly reached $70 billion. Sequoia Capital is offering to buy shares from investors that want to cash out, Bloomberg reported Monday (July 15), citing unnamed sources. The venture capital firm is offering $27.51 for Stripe shares and will purchase up to $861 million in shares. Stripe is one […]
May 26, 2024
Private equity firms are reportedly holding onto a record 28,000 companies worth $3 trillion-plus. It’s a situation outlined in a report Sunday (May 26) by the Financial Times (FT), which...
February 28, 2024
Payment processor Stripe’s value has reached $65 billion following a share sale deal with employees. The deal will see Stripe and some of its investors purchase more than $1 billion in stock from current...
July 14, 2023
Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence companies that has revived Silicon...
