Rent the Runway hits a $1 billion valuation

LakeArrowhead (#1) 342 days ago Business rent runway hits 1 billion valuation All   Discuss  | Add To 
Rent the Runway just closed a $125 million round led by Franklin Templeton Investments and Bain Capital Ventures. This round values the company at $1 billion. In total, Rent the Runway has raised $337 million in venture funding. “Shared, dynamic ownership is a movement that Rent the Runway has pioneered over the last decade and […]

Ice Cube, LL Cool J Get Billion Dollar Backing In Quest to Buy Sports TV Stations

LakeArrowhead (#1) 369 days ago Entertainment ice cube ll cool billion dollar backing quest buy sports tv stations All   Discuss  | Add To 
Ice Cube and LL Cool J just got major reinforcements in the pursuit of sports TV supremacy -- we're told they just secured several BILLION dollar commitments in their push to buy a group of regional sports channels.  As we previously reported,…

Logistics startup Flexport just raised a SoftBank-led round at a whopping $3.2 billion valuation

LakeArrowhead (#1) 369 days ago Business logistics startup flexport raised softbank-led whopping 32 billion valuation All   Discuss  | Add To 
Flexport, a 5.5-year-old, San Francisco-based full-service air and ocean freight forwarder, says it has raised $1 billion in fresh funding led by the SoftBank Vision Fund. Earlier backers of the company, including Founders Fund, DST Global, Cherubic Ventures, Susa Ventures and SF Express, all participated in the round, which reportedly pegs the company’s post-money valuation […]

News: Boeing predicts $745 billion Middle East aviation market in coming years

LakeArrowhead (#1) 380 days ago Travel news boeing predicts 745 billion middle east aviation market coming years All   Discuss  | Add To 
Boeing has projected the Middle East will require $745 billion in aviation services through 2037 to keep pace with growing passenger and freight traffic in the region.

Reddit is raising a huge round near a $3 billion valuation

LakeArrowhead (#1) 386 days ago Business reddit raising huge 3 billion valuation All   Discuss  | Add To 
Reddit is raising $150 million to $300 million to keep the front page of the internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech giant Tencent at a $2.7 billion pre-money valuation. Depending on how much follow-on cash Reddit drums up from Silicon Valley investors […]

Juul Labs gets $12.8 billion investment from Marlboro maker Altria Group

LakeArrowhead (#1) 428 days ago Business juul labs 128 billion investment marlboro maker altria group All   Discuss  | Add To 
After a long year fighting underage use of its products, Juul Labs has today struck a deal with Altria Group, the owners of Philip Morris USA and makers of Marlboro cigarettes. The deal values Juul at $38 billion, according to Bloomberg, and injects the company with a fresh $12.8 billion in exchange for a 35 […]

How Juul made vaping viral to become worth a dirty $38 billion

LakeArrowhead (#1) 428 days ago Business juul vaping viral worth dirty 38 billion All   Discuss  | Add To 
A Juul is not a cigarette. It’s much easier than that. Through devilishly slick product design I’ll discuss here, the startup has massively lowered the barrier to getting hooked on nicotine. Juul has dismantled every deterrent to taking a puff. The result is both a new $38 billion valuation thanks to a $12.8 billion investment […]

Tiny fossils unlock clues to Earth's climate half a billion years ago

LakeArrowhead (#1) 658 days ago Science tiny fossils unlock clues earths climate billion years All   Discuss  | Add To 
Scientists have quantified the temperature of Earth's oceans over half a billion years ago by combining fossil data and climate models.

Activist investor ValueAct gives all-clear signal on banks with $1.2 billion Citi stake

LakeArrowhead (#1) 659 days ago US News activist investor valueact all-clear signal banks 12 billion citi stake All   Discuss  | Add To 

Postmates says it has added $1.2 billion to the economy since 2017

LakeArrowhead (#1) 684 days ago US News postmates 12 billion economy 2017 All   Discuss  | Add To 
The gig economy is doing more than just providing convenience for consumers. It's growing business.

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