Late Stage Mature Pre IPO Unicorns -

Klarna in Talks With Banks for US IPO at $20 Billion Value

From Bloomberg: Swedish firm may list as soon as in the third quarter Fintech giant was once Europe’s most valuable startup The company has started having discussions with investment banks to work on an initial public offering that could happen as early as the third quarter. Photographer: Hollie Adams/Bloomberg By Dinesh Nair, Amy Or, and Swetha Gopinath February[…]

Elon Musk’s SpaceX Valued at $175 Billion or More in Tender Offer

From Boobberg: Deal implies premium to $150 billion valuation this summer Terms, including size, not yet finalized and could change SpaceX dominates the market for commercial space launch services with its Falcon rockets. Photographer: Red Huber/Getty Images By Gillian Tan, Katie Roof, and Edward Ludlow December 6, 2023 at 5:58 PM EST Updated on  December 6, 2023 at 6:54[…]

M&A deals price signal private secondary markets — 10/12/2023 — Knoxville, TN Loom was purchased at a 35% discount to last round by Atlassian, for $975 Million.  You can bet that Atlassian did a great job evaluating the financials of the deal, and especially, the valuation.  $975 Million is a lot of money, even to a big company.  Loom took the[…]

Secondary market trackers are lighting up a traditionally dark deal environment

From Tech Crunch s many private companies try to avoid raising capital in the current market, it’s become significantly harder to figure out what companies are actually worth. But a market that’s traditionally even less transparent than venture is providing clues. The secondary market, where investors can buy and sell existing stakes in a startup or fund, offers[…]

An Inside Look at Bowery Farming’s Largest Indoor-Farming Facility

From Progressive Grocer: visit to Bethlehem, Pa., farm reveals how company is at the forefront of changing how produce is grown and shipped Bridget Goldschmidt  Managing Editor The Bowery Operating System meticulously keeps track of a multitude of plant cultivars at different phases of growth. At New York-based Bowery Farming, they believe in continuous improvement of[…]

Sustainable Investing based on Real Intelligence 2/25/2023 — New York, NY — We hear the term ‘sustainable’ being thrown around a lot with so many hidden meanings, implications, and innuendo it can be confusing.  Let’s cut to the chase.  Sustainability means rugged, flexible, and long term – that means a business model that doesn’t deplete natural resources, and that can[…]

Crunchbase Explainer: How To Sell Your Stock Options On A Secondary Market

From Crunchbase Startup stock options mean something different in 2023. Many unicorns are staying private for around eight to 10 years while enjoying household name status with public companies like Amazon and Microsoft. Search less. Close more. Some of the highest-valued startups on the The Crunchbase Unicorn Board, including Stripe, Shein and ByteDance, have been around as private companies for longer than a decade. As[…]

My 2 Year Experiment With Varo Online Bank

A Brief History of Varo Varo Bank, NA. – Founded in 2020 as America’s first all-digital bank, Varo relaunched itself after a lackluster 1st year start during Covid (2020) with a groundbreaking new 2021 campaign – “A bank for all of us”- as part of its first multi-million dollar, integrated brand launch across TV, radio & internet[…]

A.I. but for good

A.I. but for good There’s a term used by the commodities industry to describe the amount of product lost due to various unforeseen circumstances such as theft and damage. It’s called: breakage. Whatever goes missing before it can be sold falls into this category. In the food services industry however, it isn’t so easy to[…]

Elasticity of Private Markets – New York 6/8/2022 — Startups are going public much later, in fact there are more than 1,000 companies with a valuation of $1 Billion or more, according to research firm CB Insights[i].  Public markets have seen arguably one of the worst sell off’s in market history, depending on how you look at it. […]