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Drone Bubble Implodes, Wipes Out Startups And Hammers VC Firms

From Zero Hedge, September 8, 2019: It’s not surprising whatsoever that the commercial drone bubble has imploded, wiping out startups, and punishing venture capital firms along the way, reported Bloomberg. Since 2012, venture capital firms poured billions of dollars into drone startups that promised to revolutionize transportation or some other activity that would have tremendous economic impacts,[…]

1companynews

Flex Office Space Knotel Mushrooms In NYC; Expands 318% Worldwide

From Forbes December 2018: The company, which is headquartered in New York City and offers custom spaces to firms of 50 or more employees, more than tripled its global footprint this year. KNOTEL Flexible work-space provider Knotel is having a productive end of the year in New York City. It signed nine leases in Manhattan in the last[…]

1companynews

Killer App: Have a bunch of Silicon Valley geeks at Palantir Technologies figured out how to stop terrorists?

From the Washingtonian, January 2012 On the afternoon of February 15, 2011, Jaime Zapata, a 32-year-old special agent with US Immigration and Customs Enforcement, was shot to death by members of a drug cartel as he drove along a four-lane highway in Mexico. Zapata’s partner, 38-year-old Victor Avila, who survived the attack, later said that as[…]

1ANALYSISa

How Much Do CEOs of Tech Companies Make Pre-IPO?

This post is adapted from the blog of Craft, a Priceonomics Data Content Platform customer. Does your company have interesting data? Become a Priceonomics customer. *** There have been a flurry of IPOs in 2018, many for companies in the Technology sector. Previously, we looked at the compensation of Fortune 100 company CEOs and we were curious to see how[…]

1companynews

Palantir to offer cancer analytics under JV deal with Germany’s Merck

From Reuters – December 19th 2018  By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Palantir Technologies Inc will set up a cancer data analytics joint venture with German lab supplies company Merck KGaA, as the U.S. analytics and security firm makes further inroads into health care. The new U.S.-based venture, called Syntropy, will offer cancer[…]

1companynews

Secretive Data Company Palantir Weighs Giant Public Offering

From the Wall Street Journal: Oct, 2018 Data-mining giant Palantir Technologies Inc., one of Silicon Valley’s most secretive companies, is weighing an initial public offering likely to be among the largest in recent years, people familiar with the matter said. Palantir is discussing with investment banks Credit Suisse CS -3.72% and Morgan StanleyMS -5.04% plans to go public as soon as the[…]

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