Kim Kardashian’s clothing and shapewear brand Skims announced $270 million in fresh funding Wednesday, putting the company’s valuation at $4 billion. Wellington Management led the Series C round, and additional investors included Green Oaks Capital Partners, D1 Capital Partners and Imaginary Ventures. Skims, which was last valued at $3.2 billion in a January 2022 funding round, plans to use the...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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