Venture firm Sequoia Capital led SpaceX’s latest $850 million financing which valued the company at $74 billion. That marks a significant bump up from last summer when it was valued $46 billion in a round that was also led by Sequoia. The deal shows that the investor known for stakes in companies like Instagram, YouTube and Stripe, is doubling down on its bet on Elon Musk’s space program....
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The Briefing Media/Telecom
Dorsey Makes His Case to Wall Street: The Information’s Tech Briefing
It’s a good thing Jack Dorsey isn’t running for public office. Promising big changes when you’ve been in the job for more than five years tends to prompt skeptical questions. But in this case, investors seem to be willing to give Dorsey the benefit of the doubt. In what was a bit of a bloodbath on Wall Street today, Twitter was one of the few stocks going up after its big...
Former Kuaishou Executive Arrested for Alleged Corruption
Startup Otter.ai Raises $50 Million, Hires Chief Marketing Officer
VC Firm Bessemer Hires Amazon Veteran Jeff Blackburn
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