Tag: wall-street-journal
Patreon triples valuation to $4 billion in new raise
Patreon has tripled its valuation to $4 billion in a $155 million funding round led by Tiger Global, the company confirmed to the Wall Street Journal on Tuesday. The creator economy platform, which allows artists to be directly funded by their fans, received new attention amid the Covid-19 pandemic as…
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23andMe raises $82.5 million in new funding
DNA testing technology company 23andMe has raised just shy of $82.5 million in new funding, from an offering of $85 million in total equity shares, according to a new SEC filing. The funding, confirmed by the Wall Street Journal, comes from investors including Sequoia Capital and NewView Capital. It brings…
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Advocating reform, activist investor Elliott Management takes a $2.5B stake in SoftBank
The activist investment firm Elliott Management has steadily amassed a $2.5 billion stake in the headline-grabbing, Japanese technology conglomerate SoftBank even as a series of missteps battered the company’s share price. Famous for its investments in companies like Slack and Uber and infamous for betting billions on the co-working real…
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