Search Results for:Ellen Huet

Workplace chat service Slack closes $250m round led by SoftBank’s Vision Fund

The financing round values the workplace chat service operator at $5.1 billion, up from $3.8 billion the last time.

WeWork sues Chinese co-working rival UrWork as legal fight escalates

WeWork has filed a lawsuit against UrWork in New York, saying it copied parts of its name and logo.

SoftBank, Vision Fund invest $4.4b in co-working space startup WeWork

SoftBank will spend $3b to buy shares from WeWork directly and from current shareholders.

Slack said to be raising $250m from SoftBank, others

Latest round is expected to value the firm at more than $5 billion.

SoftBank invests $300m in US-based WeWork, values it at $17b

SoftBank Group Corp. invested $300 million in WeWork Cos., a person familiar with the matter said, an influx of cash that values the New York-based coworking giant at more than $17 billion. The investment from SoftBank is the first in what will probably be a much larger stake, said the person,… Read more »

Instacart raises $400m in round valuing online grocer at $3.4b

The investment was led by Sequoia Capital.

Google Capital, Technology Crossover Ventures lead $555m fresh Airbnb round

Airbnb Inc. said it has raised $555.5 million in new funds as the company. This round, which values the San Francisco-basedcompany at $30 billion, could eventually reach $850 million.

Tech startups come up with some creative definitions for ‘profitable’

Tech startups are increasingly touting a mix of less common financial metrics, even as their public counterparts move more toward generally accepted accounting principles.

Venture capital firms hunt for the next unicorn on Snapchat

Several tech investors have adopted Snapchat in the last six months or so as a way to reach millennials, who aren’t readily tethered to e-mail and phone calls.

WeWork raises funds from Chinese investors at $16b valuation; to expand to India, China, HK, Seoul

The New York-based shared-office startup, raised $430 million from Chinese investors as it prepares to expand throughout Asia.