Everlane’s chief financial officer will depart the company to assume the CFO role at the parent company of TV shopping giant QVC. Bill Wafford will start his role at Qurate Retail, which also owns HSN, the e-commerce site Zulily and four home furnishing brands, on March 20, Qurate announced Wednesday. Wafford held the CFO job at Everlane for around a year, according to his LinkedIn profile. An...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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