This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
IPO investors seem to think they’ve found a true match with dating …
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
IPO investors seem to think they’ve found a true match with dating …
Match Group (Nasdaq: MTCH), the company that owns dating app Tinder, agreed to acquire Hyperconnect, a South Korean maker of apps aimed at forming friendships, for no small amount: about $1.7 billion in cash and stock for the owner of …
For years, companies have operated under the assumption that in order to improve their artificial intelligence software and gain a competitive advantage, they must gather enormous amounts of user data—the lifeblood of machine learning.
But increasingly, collecting massive amounts of user …
A naive part of me hoped for a slow start to Monday. This was not my day
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Let’s kick off the week with a highly debated topic: the move by some venture capitalists to Florida and Texas.
Founders Fund, …
This is an installment of Startup Year One, a special series of interviews with founders about the major lessons they have learned in the immediate aftermath of their businesses’ first year of operation.
Nydia Shipman and Sarah Renahan started …
The pandemic forced another 275,000 women out of the U.S. labor force in January, worsening the catastrophic employment crisis for working women.
Women accounted for almost 80{58a1dc6c0ae79131d70da91f0509185830ba20bd66fa98bb163bf48fbf8fcb62} of U.S. adults who stopped working or looking for work last month, according …
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
It’s the special purpose acquisition craze meeting the GameStop insanity.
On Thursday, …
Peloton was a risky bet even among venture capitalists.
At its core, the company sells a piece of hardware with virtual cycling lessons, a model skeptics say is easily copyable. They aren’t wrong: As Peloton has grown in the pandemic, …
Maybe the real question is, who isn’t raising a blank check company?
Former U.S. Secretary of Commerce under President Donald Trump, Wilbur Ross, is backing a blank check company that is seeking to raise some $300 million. While Ross will …
Imagine the life of an advertising executive and a scene from Mad Men is likely to come to mind: Don Draper snake-charming a pair of Kodak marketing executives with a perfectly crafted pitch about the emotional pull of nostalgia (“It’s …