Samsara, a maker of technology for tracking fleets of vehicles and other equipment, said it filed confidential paperwork with regulators for an initial public offering. The company said it hasn’t yet determined the number of shares it will offer or the price range for them. Samsara, which is backed by Andreessen Horowitz and other investors, was valued at $5.4 billion in a private financing...
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The Weekend Startups AI
The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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