Khosla Ventures gets into the SPAC boom with plans to raise $1.2B in 3 IPOs
Another major Silicon Valley tech investor joins the record run of "blank check" IPOs. Menlo Park-based Khosla Ventures filed plans Friday to raise $1.2 billion for special purpose acquisition companies (SPACs) that aim to take three yet-to-be-dete.....»»
Highly valued startups did SPAC deals or completed IPOs after getting PPP loans
Within a year of getting loans under the Paycheck Protection Program, nearly four dozen companies, each with a valuation of at least $150 million, went public or made plans to do so......»»
LinkedIn, Zynga founders file for new $850M SPAC amid reported merger talks with Joby Aviation, Hippo
LinkedIn co-founder Reid Hoffman and Zynga founder Mark Pincus can't seem to get enough of "blank check" IPO mania. They filed plans to raise $850 million for their third special purpose acquisition company (SPAC) on Friday, following reports t.....»»
Colin Kaepernick plans to raise $250M for social justice SPAC
Former NFL quarterback Colin Kaepernick plans to raise $250 million for a special purpose acquisition company focused on racial equality and social justice issues......»»
Climate Change SPAC soars 80% amid plans to merge with electric-vehicle charging network EVgo
The merger will value EVgo at $2.6 billion and raise $575 million in proceeds for th.....»»
Pair of upsized Bay Area biotech IPOs raise $335M
The eighth and ninth Bay Area biotech IPOs of 2018 raised more money than expected and were poised to begin trading on Thursday. The local offerings are part of a boom in new biotech stocks that has seen more money raised in the first six months of t.....»»
Two more Peninsula IPOs tell the story of biotech"s investment boom
And then there were 15. Two Bay Area biotech companies — one that started its first clinical trial in eye diseases in July, the other a pioneer in the fledgling field of hunting down cancer via a simple blood draw — seek to raise $100 million eac.....»»
Tencent Music aims to raise $1 billion by going public in the US
Tencent Music has filed plans to go public in the United States in what could be one of the biggest recent US IPOs by a Chinese company......»»
Petrobras plans to raise $26.9 billion with asset sales, partnering
Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil......»»
Petrobras unveils plan to boost asset sales, deepwater investment
Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil......»»
Snapchat"s Early Investor General Catalyst Plans To Raise $6B For Tech Startups In US, Europe And India Despite Funding Drought
This significant investment indicates that institutional investors, endowments, and foundations, also known as limited partners, are still willing to support well-known firms even amid a broader fundraising crunch. read more.....»»
Microsoft"s going to keep spending big as AI continues to boom
The company shelled out nearly $11 billion for property and equipment in the third quarter — 66% more than it spent in the same period a year ago. Microsoft CEO Satya NadellaJustin Sullivan/Getty ImagesMicrosoft plans to boost spen.....»»
Healthtech VC firm to cut bigger checks with $65M second fund
SpringTide Ventures has two partners based in the Boston area and plans to invest in digital health, medical devices, life sciences and tech-enabled care delivery......»»
Back Bay VC firm looks to raise $125M for 2nd fund, documents show
The plans for Asymmetric's new fund came about two and a half years since the firm closed its first fund at $105 million......»»
Lordstown Motors needs more capital to meet electric truck launch goals
Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»
Delta CEO Says All New Hires Must Be Fully Vaccinated
Delta CEO Says All New Hires Must Be Fully Vaccinated Yesterday, when it announced plans to raise wages for new hires as it attempts.....»»
The Most Hyped Corners Of The Stock Market Come Unglued
The Most Hyped Corners Of The Stock Market Come Unglued Authored by Wolf Richter via WolfStreet.com, Once upon a time last year, there was the EV startup hype-boom that found its way to the SPAC hype-boom, and the two combined and gen.....»»
The Wall Street Journal: Mortgage lender Better to go public through SPAC
Startup mortgage lender Better, whose valuation has swelled in the private markets, said Tuesday that it plans to go public by merging with a special-purpose acquisition company......»»
Medical device company in Miamisburg inks $25M capital raise, plans to nearly double footprint by 2023
President and CEO Dave Kirschman said new products, market diversification and 50 more jobs will be the end result of his company's first-ever capital raise......»»
Citi plans to launch crypto trading services after a boom in client interest in digital currencies, report says
Itay Tuchman, Citi's global head of foreign e.....»»
JPMorgan chief Jamie Dimon wants detailed disclosures on how federal money is spent if lawmakers raise taxes. Democratic lawmakers were quick to respond.
Dimon suggested lawmakers create an itemized list of the specific ways extra dollars from a tax hike would fund the government's infrastructure plans. Ja.....»»