WeWork announced today it would buy Spacious, a startup that converts restaurants and bars in New York City into co-working spaces during the day. WeWork paid about $42 million, roughly half of which was cash, according to a person familiar with the matter. Spacious had previously raised $13 million at a $29 million valuation from investors including August Capital, BoxGroup, Lerer Hippeau and...
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An NBA Battle Could Fuel SF-Miami Feud
It has been a rough week for national news, so please excuse us for a little diversionary counterprogramming on this Friday before the long Memorial Day weekend. Several of tech’s most important cities have a great showdown looming! On Thursday, San Francisco’s Golden State Warriors clinched their first NBA finals berth in three years after defeating the Dallas Mavericks to win the Western...
SEC Confirms Scruitiny Elon Musk’s Initial Disclosure of Twitter Stake
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Chinese E-commerce App Pinduoduo Reports Better-Than-Expected Results
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