Alex Kayyal, formerly a senior vice president and managing partner at Salesforce Ventures, has joined Lightspeed Venture Partners as a partner on the enterprise software team, Kayyal told The Information. Kayyal spent eight years at Salesforce Ventures, the 14-year-old arm of the sales software giant, where his investments included the virtual events startup Hopin, the collaboration software...
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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.
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