Innovative Business
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 …
Good morning. It’s a chilly start to February here in New York, where an extreme nor’easter is expected to dump a foot of snow on the city as temperatures hover in the upper 20s.
Similarly, the maelstrom around Robinhood and …
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.
While pregnant with her first son …
This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox.
Most of the time when we hear about cybersecurity crimes, we hear from …
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.
Of course it did.
Just about every single late-stage company in private …
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.
Only in 2021.
In recent days, Reddit users have driven up shares …
Ant Financial was set to be the biggest IPO in history last year, before founder Jack Ma’s criticism of the Chinese government in October angered the administration and derailed the offering altogether.
Since then, Ma has been scrabbling together his …
