Masayoshi Son is no angel. He might want to give it a try
Masayoshi Son isn’t timid, to be sure. His reputation is built upon decades of courageous bets that netted him, his investors, and his founders billions of dollars. The most famous being Jack Ma and a little e-commerce company that became Alibaba Group Holding Ltd.
Everyone wants a piece of enterprise tech companies
While corporate software may sound painfully boring, advancements in cloud computing and ...
Startups are steering clear of Facebook, Google by innovating for business
Startups are increasingly writing software that allows mainstream ...
Slack cares about your eyes, rolls out Dark Mode for desktop
The dedicated dark mode themes are now available on Slack's Mac, Windows, and Linux desktop clients.
SoftBank’s damage From Uber, WeWork could exceed $5 billion
Uber’s share price drop was the main culprit for Vision Fund’s poor performance in the second quarter.
At private Silicon Valley summit, no love for IPOs or banks
The main target of ire was the first-day stock surge that often accompanies IPOs underwritten by banks.
Airbnb leans toward direct listing over traditional IPO
With a private valuation of $31 billion, Airbnb is likely to be a topic of discussion. It’s slated to be one of the most high-profile companies to go public next year.
SoftBank’s venture capital riches swamp the market
The size and pace at which SoftBank made its investments raises issues of whether it paid close attention to the usual valuation metrics.
SoftBank needs a different IPO after WeWork slip
SoftBank, like most pre-IPO investors, is generally locked in and can’t cash out that profit for at least a year.
Slack soars to $21 billion valuation in debut after shunning IPO
That’s a huge increase from Slack’s last private funding round in August, which valued the company at $7.1 billion.
Uber is biggest loser in SoftBank IPO returns, Oyo a bright spot
At the Vision Fund, unrealized losses totaling $1.84 billion were recorded during the quarter ending June 30, attributable to decreases in the fair value of Uber and other investments.
As NBFC disbursements to auto sector slump, used vehicles pick up slack
Subdued demand for new products is being offset by the sale of used vehicles, experts said.
How one VC firm amassed a 24% stake in Slack worth $4.6 billion
Accel invested about $200 million in Slack over seven years, largely driven by Braccia’s unwavering faith in Butterfield.
Raised in a log cabin, Slack chairman is now worth $1.3 billion
Slack, an acronym for “Searchable Log of All Conversation and Knowledge,” will begin trading Thursday on the New York Stock Exchange under the ticker symbol WORK.
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