Pitchbook

Dec 13, 2019, 08.20 AM IST

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SoftBank takes loss in sale of Wag, dog-walking startup

Wag’s troubles have been particularly pronounced. After its investment, the Vision Fund brought in Hilary Schneider, former chief executive of LifeLock, to lead an aggressive expansion. But it lost ground to Rover, its top competitor. Reports of lost dogs and internal struggles hurt business.

Startups are steering clear of Facebook, Google by innovating for business

Startups are increasingly writing software that allows mainstream ...

WeWork falls furthest in a year of clipped wings for Unicorns

WeWork, which is based in New York, might be the most extreme example of the re...

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