Uniswap Labs has been speaking to investors about raising an equity round at a valuation of $1 billion, TechCrunch reported on Friday. The startup, which developed the decentralized crypto exchange Uniswap, is aiming to raise between $100 million and $200 million and has spoken to investors that include Polychain Capital and one of Singapore’s sovereign funds, according to the report. The...
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Musk Leaves Twitter Staff Without Equity Plan as Deadline Looms
Shortly after Elon Musk bought Twitter last fall, he promised Twitter staff that they could look forward to the kind of stock rewards employees at SpaceX—another private company Musk runs—enjoy. But as Musk’s ownership of Twitter nears the end of its third month, he has yet to release details of the new stock compensation plan, according to several employees. Employees at...
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