Source: smart ring maker Oura plans a tender offer for early investors at a 25% discount to its $11B valuation from Series E, aiming to stay private longer
Source: smart ring maker Oura plans a tender offer for early investors at a 25% discount to its $11B valuation from Series E, aiming to stay private longer
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Overly simplistic take...
Berlin-based Trade Republic says early investors will sell €1.2B of shares to Sequoia and others at a €12.5B valuation, becoming Germany's most valuable startup
Financial Times :
Sources: Vinted is exploring a share sale that could value the company at ~€8B; Vinted says it expects 2025 revenue to cross €1B+, up from €813M in 2024
Deal would highlight second-hand fashion start-up's rapid expansion and provide an exit for some early investors
Perplexity AI accuses Amazon of “bullying” via an “aggressive legal threat” that demands it stop Comet Assistant purchases for users, who “love this experience”
The point of technology is to make life better for people. Laurent Giret / Thurrott : Amazon Sues Perplexity Over Comet's Agentic Shopping Capabilities M.G. Siegler / Spyglass : AI is Breaking the Bro...
Sources: Revolut staff and early investors offloaded nearly $1B in stock in a secondary sale since August 2024, after the UK granted Revolut its banking license
Financial Times :
Sources: ServiceTitan's IPO brought big windfalls for early investors, including returns of $1B+ for Iconiq Growth and $800M+ for Bessemer Venture Partners
ServiceTitan, which develops software for tradespeople … Maria Deutscher / SiliconANGLE : Software maker ServiceTitan rockets 42% in stock market debut Steve Gelsi / MarketWatch : ServiceTitan's IPO g...
ServiceTitan's shares closed up 42.25% at $101 in its Nasdaq debut, giving the cloud software provider an ~$8.9B market cap after it raised ~$625M in its IPO
All topics — Top of the Morning — David Bonderman … Financial Times : Live news: ServiceTitan shares pop 42% in debut Bluesky: Chirag Mehta / @chirag : A good signal that the market might welcome ...
US authorities arrest and charge the founder and the head doctor of telehealth company Done Global for an alleged scheme to profit from Adderall prescriptions
($100m adderall distribution and health care fraud scheme by a telehealth startup founded by former fb designer & backed by craft ventures and offline ventures, according to crunchbase) — https://ww...