Koch Industries closes nearly $13B Infor acquisition

Koch Industries closes nearly $13B Infor acquisition

Koch Industries announced today that it has closed on the acquisition of Infor, announced in February. The company never officially announced the purchase price, but sources indicated that it was close to $13 billion, putting it in line to be one of the top 10...
Why AI startups’ economics will likely improve over time

Why AI startups’ economics will likely improve over time

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. If you can recall February, we dug into the question of AI startup gross margins. Venture shop a16z had published an interesting blog on the subject,...
Economists haven’t throw out the models yet (but they will)

Economists haven’t throw out the models yet (but they will)

There are many things that are in short supply these days, but one of them is cognitive flexibility. Humans are used to confronting the extreme complexity of our modern world with some mélange of data, modeling, heuristics, and “gut instinct.” We can’t know everything...