GoTo Group, a new $18 billion internet company created by the merger of two Indonesian startups Gojek and Tokopedia, is planning a new private funding round this summer ahead of its initial public offering, the South China Morning Post reported. The SCMP report didn’t have any details on how much money GoTo plans to raise in the new round or at what valuation. GoTo’s pre-IPO fundraising plans...
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As Hollywood Shines Its Klieg Lights on Silicon Valley, a New Tech Scandal Arises
Hi, welcome to your Weekend!The Valley is small and memories are long. I’ve heard countless versions of that old venture capital saw. And true enough, it sometimes seems like Silicon Valley is one clubby, insular, gossip-addled village. That’s why it can feel so disorienting when the outside world gets interested in Valley business. As TI Weekend staffer Josh Duboff writes this week, ...
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