Palantir Technologies aims to list share via a direct listing in September, Bloomberg said. The company is raising $961 million, it has said in public filings, with about half of that already secured, making the need to raise more capital from the public markets less pressing, according to the report. The software company analyzes big data for governments and corporations and was co-founded by...
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The Briefing asia policy
What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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