Tamara Steffens, former general manager and managing director at Microsoft’s venture fund, M12, is joining Thomson Reuters next week as managing director of its new venture fund, according to people familiar with the matter and spokespeople from the companies. The move illustrates how seasoned corporate investors are in high demand at the moment. Steffens joined Microsoft in 2014 through its...
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Thomson Reuters Hires Microsoft VC Exec for New Fund
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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. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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