Snowflake signed a letter of intent to acquire search startup Neeva, according to a person briefed on the deal. The Information reported Wednesday that Snowflake, a major cloud database provider, was in advanced talks to acquire the startup in order to help develop services for customers that want to use artificial intelligence software. Neeva, valued on paper at $250 million two years ago,...
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MoonPay Is Trying to Reinvent Itself
In case you missed it, I scooped Tuesday that insiders at MoonPay, including its DJ-turned-CEO Ivan Soto-Wright, sold $150 million worth of shares in a secondary transaction as part of its $555 million November 2021 funding round. And a few weeks after the Series A announcement, Soto-Wright bought a $38 million Miami Beach estate that was previously owned by retired Miami Heat star Chris Bosh....
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