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Wednesday, January 22, 2020
Meet Ron Fisher, the SoftBank executive who granted WeWork a $47 billion assessment months prior to it postponed its $10 billion IPO

Meet Ron Fisher, the SoftBank executive who granted WeWork a $47...

It's not clear if Ron Fisher's billion-dollar gamble will pay off. The SoftBank executive sits on WeWork's all-male board, having led the Vision Fund's multiple investments in the startup since 2017. As the Vice Chairman and Head of Investment at SoftBank Group, Fisher, 71, is one of the most senior employees overseeing SoftBank's first $100…
There are 6 billion great factors for WeWork to go public this year, in spite of the truth that Wall Street does not desire it

There are 6 billion great factors for WeWork to go public...

WeWork may have postponed its initial public offering in the face of investor skepticism, but the commercial real estate giant has plenty of reasons to push through its IPO by the end of the year anyway. At least 6 billion of them — the coworking company has a $6 billion loan that's riding on it…
SpaceX might be a $120 billion business if its Starlink international web service removes, Morgan Stanley Research study forecasts

SpaceX might be a $120 billion business if its Starlink international...

How much could SpaceX, the fast-moving private rocket company founded by Elon Musk, actually be worth? After SpaceX's successful launch of 60 experimental Starlink internet satellites in May, CNBC reported the company's estimated value was about $33.3 billion. This barely eclipsed the valuation of Tesla, the electric car company Musk heads. This was a roughly…
$4.8 billion biotech Glow Rehabs needed to discover a method to show its first-of-its-kind treatment for eye illness in fact worked. We got the scoop on how it pulled it off.

$4.8 billion biotech Glow Rehabs needed to discover a method to...

For those born with a rare eye disorder, one of the first problems they experience is difficulty seeing in dim light. The biotech Spark Therapeutics aimed to change that with a new kind of treatment that addresses these types of hereditary diseases at their genetic root. But first, the drug company needed a way to…
VCs simply wager $3.5 billion that tech will change the future of health care. These are the leading 9 companies making the most digital health financial investments.

VCs simply wager $3.5 billion that tech will change the future...

In healthcare lately, tech is king. Startups taking a tech-based approach to healthcare have been a magnet for VC investment dollars, and the trend shows no sign of slowing down. Around the world, VCs poured $3.5 billion into about 371 different digital health deals and financings in the second quarter of this year, according to…
Mass termination 2 billion years ago apparently eliminated 99% of life in the world

Mass termination 2 billion years ago apparently eliminated 99% of life...

A mass extinction event 2 billion years ago could have been bigger than the event that wiped out the dinosaurs 65 million years ago. Stephen Shankland/CNET A mass extinction occurred around 2 billion years ago, wiping out up to 99.5%  of life on Earth, scientists have reportedly said. It killed off more of Earth's biosphere…
Here’s the pitch deck $1.95 billion ThoughtSpot utilized to raise $248 million for an AI-powered analytics tool that’s difficult Salesforce’s Tableau

Here’s the pitch deck $1.95 billion ThoughtSpot utilized to raise $248...

Founded in 2012, ThoughtSpot offers businesses a way to visually analyze their data in order to make critical decisions faster. The AI-powered technology is essentially "a very smart, a very powerful number-crunching machine," founder Ajeet Singh told Business Insider. On Wednesday, ThoughtSpot announced that it has raised an additional $248 million for the cloud software…
2 huge numbers– $4 billion and $47 billion– summarize WeWork’s organisation design and the dangerous factor it might collapse in an economic downturn

2 huge numbers– $4 billion and $47 billion– summarize WeWork’s organisation...

The paperwork WeWork filed last week in advance of its planned public offering had lots of numbers in it. But two sets of related figures stood out — $4 billion and $47.2 billion on the one hand, and 15 months and 15 years on the other. The first pair of figures represent lease obligations: $4…
Elon Musk: Amphibian Gingrich’s $2 billion moon reward is a ‘excellent concept’

Elon Musk: Amphibian Gingrich’s $2 billion moon reward is a ‘excellent...

SpaceX's illustration envisions its spacecraft passing the moon. SpaceX Big money can spur big innovations. Imagine the US government ponying up $2 billion for a private company to put a lunar base on the moon. SpaceX founder Elon Musk is down with that.  Former Speaker of the House Newt Gingrich is pushing the idea of…
$3.2 billion teeth-straightening business SmileDirectClub is going public. Here are the financiers who stand to make one of the most.

$3.2 billion teeth-straightening business SmileDirectClub is going public. Here are the...

When SmileDirectClub goes public, it could give a number of investors a reason to grin. The company filed paperwork on Friday with the US Securities and Exchange Commission for its initial public offering. According to the filing, the company is seeking to raise $100 million, though that's a placeholder amount that can change. SmileDirectClub is…

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