Jim Lanzone, the CEO of CBS Interactive, is stepping down after nine years at the company to return to his roots in Silicon Valley. Lanzone, who had told CBS several months ago about his desire to move on, will be working as an Executive in Residence at Benchmark Capital. However, it wouldn’t be surprising to see him starting up or running a tech company sometime soon given his background. ...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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