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The Information’s 411 — Slacking Benioff’s Thirst

By
Tom Dotan
 |  Dec. 4, 2020 4:18 PM PST

Cory speaks with Kevin McLaughlin, our enterprise reporter and soothsayer, about the reasons Salesforce spent big to acquire Slack. Tom talks to Paris about why Generation Z is both Amazon's biggest critic and a loyal customer base.

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MoonPay CEO Ivan Soto-Wright. Photo by Bloomberg
In case you missed it, I scooped Tuesday that insiders at MoonPay, including its DJ-turned-CEO Ivan Soto-Wright, sold $150 million worth of shares in a secondary transaction as part of its $555 million November 2021 funding round. And a few weeks after the Series A announcement, Soto-Wright bought a $38 million Miami Beach estate that was previously owned by retired Miami Heat star Chris Bosh....
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Microsoft's Satya Nadella, left, and Peter Lee. Photo by Bloomberg, Microsoft
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In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service— announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including Tiger Global Management and Coatue Management.
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