Investors looking to buy shares in Chinese online fashion retailer Shein in the secondary market are now placing bids that are about 30% below the $100 billion valuation the company had in its most recent funding round in April, Bloomberg reported. It’s unclear if any transactions took place at that price. But the lower bids come as the global economic slowdown and stock market rout over the...
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Sequoia, Andreessen and Bessemer’s Beating and Snap’s Selfie Drone
Is anybody else pumped for some appointment streaming this weekend? The first episode of HBO’s “House of Dragon,” the hotly anticipated prequel series to “Game of Thrones,” premieres Sunday night. Then, 12 days later, Amazon will debut its own fantasy series, “The Lord of the Rings: The Rings of Power,” on Sept. 2. It’s fair to say HBO and its debt-laden parent company, Warner Bros....
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