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EXPLAINER-Why WeWork failed, and what is next
WeWork was once the most valuable U.S. startup, worth $47 billion. It courted investments from blue-chip investors, including SoftBank and venture capital firm Benchmark. CEO Adam Neumann's pursuit of swift growth at the expense of profits led to his ouster.
With 37% stake, Nextdoor Holdings, Inc. (NYSE:KIND) seems to have captured institutional investors' interest Institutions own the most shares in Nextdoor Holdings, Inc. With a 37% stake, institutions possess the maximum shares in the company. The largest shareholder is Benchmark with 14% of shares outstanding.
L1 Capital International Fund: “Microsoft Corporation (MSFT) is a Clear and Substantial Beneficiary of AI” L1 Capital International Fund highlighted stocks like Microsoft Corporation (NASDAQ:MSFT) in the second quarter 2023 investor letter. The fund returned 25.5% (net of fees), outperforming the Benchmark’s return of 22.4% by 3.1% (all in Australian dollars) for the year ended 30 June 2023.
Gaming CEO Victor Lazarte Joins VC Firm Benchmark As Its Newest Partner Victor Lazarte joined Benchmark earlier this year as an investment partner. Lazarte is a former math Olympiad competitor turned coder who'd built simple games and sites growing up.
AI startup MindsDB aims to help every developer be a machine learning engineer. Here's the 26-slide pitch deck it used to raise $25 million from investors like Mayfield Fund and Benchmark. AI startup MindsDB just raised a $25 million seed extension round led by Mayfield. The round comes less than three months after it raised $16.5 million led by Benchmark. The company's software helps developers use machine learning to build AI applications easily.
CITY WHISPERS: Sea lice firm no longer itching to leave London Big firms have quit or threatened to quit the London stock market. Benchmark is quoted both in the UK and Norway, but had been in talks to ditch AIM and move to Oslo.
Sequoia leads funding round for buzzy AI startup LangChain AI startup LangChain is raising between $20 and $25 million from Sequoia, Insider has learned. The latest round scored the hot upstart a valuation of at least $200 million, according to sources. The deal comes just a week after LangChain announced its seed investment from Benchmark.
Nike professional runner Vanessa Fraser working at VC firm Benchmark Vanessa Fraser is a professional runner sponsored by Nike. She was recruited last year to join the prolific venture-capital firm Benchmark. Her day job is working at the prolific VC firm, where she assists the general partner.
JD.com Stock Likely Stays In Penalty Box In Near Term, Analyst Says Post Q4 Results - NewsBreak Benchmark analyst Fawne Jiang reiterates JD.com Inc (NASDAQ: JD) with a Buy and reduces the price target to $76. JD reported 4Q22 net revenue growth of 7.1% y/y, and a substantial...
Surgery Partners, Inc. (NASDAQ:SGRY) Given Consensus Recommendation of “Moderate Buy” by Brokerages Several research firms have commented on SGRY. Benchmark decreased their target price on shares of Surgery Partners from $60.00 to $47.00 and set a “buy’...Go to Publisher's websiteRead in NewsBreakComments / 0Add a Comment.
Startup MindsDB Raises $16.5 Million To Power The AI Race In The Workplace MindsDB announced Tuesday a $16.5 million Series A investment led by Benchmark. Bill Gates recently declared the current moment in technology as important as the advent of the PC.
WILLIAM J. BUCKENBERGER Perrysburg Township’s administrator, who has served the township for a decade, stepped down on January 6. The Benchmark restaurant at the Town Center at Levis Commons remains closed following a January 4 fire. Wild Lights Workshop Planned for Wednesday, January 11.
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