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Report: SoFi nears deal to go public in merger with Chamath Palihapitiya’s newest SPAC

Report: SoFi nears deal to go public in merger with Chamath Palihapitiya’s newest SPAC

by admin | Jan 7, 2021 | News

Consumer financial services startup SoFi is closing in on a deal to go public via a merger with special purpose acquisition company, Social Capital Hedosophia Holdings Corp V, the latest blank check company formed by venture capital investor Chamath Palihapitiya. An...
With 5 new unicorns in first week of 2021, are we in for a stampede this year?

With 5 new unicorns in first week of 2021, are we in for a stampede this year?

by admin | Jan 7, 2021 | News

What a week. Democracy is still standing and the nation is getting back to work, so let’s press forward, even if it does feel surreal to cover business news after witnessing a live-streamed coup attempt. Setting aside the tectonic political moment, there’s plenty of...
Endeavor BioMedicines raises $62 million to combat pulmonary disease

Endeavor BioMedicines raises $62 million to combat pulmonary disease

by admin | Jan 7, 2021 | News

A new startup has officially emerged for stealth with the raise of its $62 million Series A funding round. Endeavor BioMedicines is led by co-founder and CEO John Hood, who previously led Impact Biomedicines, and its new funding comes from Omega Funds and Longitude...
Former Disney and Discovery execs to launch Struum, a ‘ClassPass for streaming services’

Former Disney and Discovery execs to launch Struum, a ‘ClassPass for streaming services’

by admin | Jan 7, 2021 | News

Former Disney and Discovery execs are teaming up to launch a new streaming service called Struum, arriving in the spring, that aims to take the Classpass model and apply it to the streaming landscape. That is, Struum’s plan is to aggregate content from smaller video...
Twitter will reinstate Trump’s account following his deletion of tweets

Twitter will reinstate Trump’s account following his deletion of tweets

by admin | Jan 7, 2021 | News

A Twitter spokesperson has confirmed with TechCrunch this morning that Trump has deleted three tweets that led to the temporarily suspension of this account last night. Twitter locked the account pending deletion of the offending tweets on Wednesday following the riot...
Mark Zuckerberg announces Trump banned from Facebook and Instagram for ‘at least the next two weeks’

Mark Zuckerberg announces Trump banned from Facebook and Instagram for ‘at least the next two weeks’

by admin | Jan 7, 2021 | News

Facebook CEO has announced via his platform that Donald Trump will be blocked from using both Facebook and Instagram “for at least the next two weeks until the peaceful transition of power is complete.” The company blocked his accounts temporarily on Wednesday...
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