Banking

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 …

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Most of the time when we hear about cybersecurity crimes, we hear from …

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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 …

Just a few years ago, smart cities, a catch-all phrase for connecting urban infrastructure like parking meters and stoplights online, had major buzz. The idea was to use machine learning to crunch data collected across cities to, for example, minimize …

It’s hard to understate the buzz around Clubhouse, the social media startup that reached a reported $100 million valuation when it had just 1,500 users.

Now some nine months after its launch, the company revealed over the weekend that it …