WeWork’s parent company is considering going public at a valuation of between $20 billion and $30 billion, well below the $47 billion value at which the company last raised money, according to reports from the Wall Street Journal and Bloomberg. We hear a public debut closer to the lower end of that range is more likely. In June, The Information reported that there were multiple signs...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
TikTok CEO To Testify Before Congress
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Biden Administration May Fully Cut Off Huawei From U.S. Suppliers
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