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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.....»»

Category: topSource: bizjournalsFeb 13th, 2021

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......»»

Category: topSource: bizjournalsMay 10th, 2021

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.....»»

Category: topSource: bizjournalsFeb 13th, 2021

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......»»

Category: topSource: foxnewsFeb 10th, 2021

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.....»»

Category: personnelSource: nytJan 22nd, 2021

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.....»»

Category: topSource: bizjournalsJun 28th, 2018

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.....»»

Category: topSource: bizjournalsSep 8th, 2018

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......»»

Category: topSource: moneyOct 2nd, 2018

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......»»

Category: topSource: reutersDec 5th, 2018

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......»»

Category: topSource: reutersDec 5th, 2018

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.....»»

Category: blogSource: benzingaApr 29th, 2024

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.....»»

Category: topSource: businessinsiderApr 26th, 2024

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......»»

Category: topSource: bizjournalsApr 18th, 2024

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......»»

Category: topSource: bizjournalsApr 11th, 2024

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 .....»»

Category: topSource: bizjournalsMay 24th, 2021

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.....»»

Category: personnelSource: nytMay 14th, 2021

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.....»»

Category: blogSource: zerohedgeMay 12th, 2021

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......»»

Category: topSource: marketwatchMay 11th, 2021

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......»»

Category: topSource: bizjournalsMay 8th, 2021

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.....»»

Category: personnelSource: nytMay 7th, 2021

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.....»»

Category: personnelSource: nytMay 7th, 2021