SoftBank Group has cut the valuation of Indian hotel startup Oyo Hotels on its books by more than 20%, Bloomberg reported. The move by the Japanese investment giant, Oyo’s largest shareholder, comes as the Indian startup is preparing for an initial public offering. SoftBank’s valuation for Oyo has decreased to $2.8 billion in the quarter through June, from its previous valuation of $3.4...
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The Full-Body Scanners Will See You Now
In late September 2022, Ryan Crownholm, a 46-year-old entrepreneur from Los Angeles, donned a pair of plush surgical scrubs and hopped onto a stainless-steel MRI table at Prenuvo, a fast-growing chain of body-scanning clinics. Crownholm, the founder of landscaping service DirtMatch, was undergoing an elective MRI, which cost him $2,500 and would generate a full 20-page set of diagnostics about...
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