Bridgetown Holdings, a special purpose acquisition company backed by billionaire investor Peter Thiel, is considering a merger with SoftBank-backed Indonesian e-commerce startup Tokopedia, Bloomberg reported. It could value Tokopedia at as much as $10 billion, the report said. The share price of New York-listed Bridgetown surged 26% on the report. Such a deal for Tokopedia would be the...
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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