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...
The world’s tech startups could be facing a cruel summer as the funding crunch persists. As Bloomberg News reported Monday (April 24), experts believe these companies will increasingly begin to run out of money as the market downturn persists, with some venture-backed firms forced to...
Venture capital (VC) firms should prepare for a whole new level of scrutiny in the wake of the Silicon Valley Bank (SVB) implosion, market watchers say, a likely outcome of which will be a trimming of current valuations by up to a half trillion dollars....
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...
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 and former employees, Bloomberg News reported Wednesday (Feb. 27), citing sources familiar with the matter. The report notes that the $65 billion valuation — up […]
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...
June 13, 2023
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...
April 25, 2023
The world’s tech startups could be facing a cruel summer as the funding crunch persists. As Bloomberg News reported Monday (April 24), experts believe these companies will increasingly begin to...
