Airbnb borrowed another $1 billion, its second loan in as many weeks, this time from investors that include lender Owl Rock Capital and private equity firms Apollo Global Management, Glade Brook Capital and Silver Lake. It was Silver Lake’s second bite of the Airbnb cookie: it also was involved in a $1 billion loan to Airbnb announced last week. Airbnb will pay an 8% to 9% interest rate on the...
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Another Software Shakeup: Confluent Chief Revenue Officer Departs
As software gets harder to sell, top sales leaders are increasingly getting replaced. Larry Shurtz, chief revenue officer at data analytics firm Confluent, is leaving about 18 months after joining from Salesforce, according to a person with direct knowledge. His departure follows similar removals of sales leaders at major enterprise software firms such as Salesforce, Google Cloud and Okta...
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
Comcast’s Peacock Loses Nearly $1 Billion in Q4
Venture Firm NEA Raises $6.2 Billion
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