Intercontinental Exchange will take its cryptocurrency business public by merging it with a special purpose acquisition company, The Wall Street Journal reported Monday morning. The business, called Bakkt, is expected to be valued at $2.1 billion after it merges with VPC Impact Acquisition Holdings. As the Journal notes, the deal fuses two of today’s hottest investing trends, cryptocurrency...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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