SoftBank expects $24 billion in losses from Vision Fund, WeWork and OneWeb investments

The Japanese technology conglomerate SoftBank Group said it would lose a staggering $24 billion on investments met through its Vision Fund and wagers on the co-working real estate company WeWork and satellite telecommunications company OneWeb. Ultimately, the company expects the…

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Startups Weekly: Oyo has issues + A farewell

Welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last-place week I wrote about the startups we lost in…

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Week in Review: You break it, you buy it

Hey everyone. Thank you for welcoming me into you inbox yet again. Last week, I talked about Zuckerberg’s adventure to tell us that Facebook has reigning principles when he’s really exactly building the stairs one gradation at a time. If…

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We are seeing volume and interest in Peloton explode, says company president on listing day

This morning, Peloton( NASDAQ: PTON ), the tech-enabled stationary bicycle and fitness material streaming busines, caused $1.2 billion in its NASDAQ initial public offering. Despite dropping more than 10% in its first day of trading — ultimately closing down 11%…

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We Company adds a director, ditches its $5.9 million naming deal with its CEO, remains a governance nightmare

The company formerly known as WeWork, in an amended S-1 that launched dozens of critical headlines, says it has added a brand-new conductor to its board and unwound the $5.9 million payout to chief executive Adam Neumann over the reputation…

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Equity transcribed: Slacks IPO, the VCs behind Facebook Libra, founder salaries and trouble in scooter-land

Welcome back to this week’s taped volume of Equity. This week, TechCrunch’s Danny Crichton filled in for co-host Alex Wilhelm- who was out in preparation for his marry this weekend- affiliating Kate to cover the

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The Wing poaches Snaps comms director

Women-focused co-working space The Wing has hired Rachel Racusen as vice president of communications. Racusen has been the director of communications at Snap, the developer of Snapchat, since late 2016. Racusen’s exit represents the latest in a series of departures…

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Here is where CEOs of heavily funded startups went to school

Joanna Glasner

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WeWork acquires Flatiron School

WeWork, the behemoth co-working fellowship evaluated at $20 billion, has today announced the acquisition of Flatiron School. Flatiron School is a coding education pulpit that offers both online and offline classifies to kinfolks who want a occupation in the world…

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