Pinterest prepares for IPO in early 2019
Pinterest preps for early 2019 IPO
The list of likely 2019 mega-IPOs is getting longer. Now Pinterest is reportedly preparing for an IPO that could come as soon as April. The image-focused social media unicorn has a private valuation of more than $10 billion and is on track to bring in around $700 million in revenue this year.
SoftBank gets busy backing Cambridge Mobile, Fair
The SoftBank Vision Fund holiday spending spree continues with two auto-themed investments. The firm just put $500 million into Cambridge Mobile Telematics, operator of an analytics platform called DriveWell that helps people drive more safely. The fund also invested $385 million in Fair, which offers flexible-term car leases.
Altria invests $12.8B in Juul
Tobacco giant Altria will pay a staggering $12.8 billion for a 35 percent stake in Juul Labs, the San Francisco-based maker of vaporizers and nicotine pods that has emerged as the dominant player in the e-cigarette market.
More fitness startups raise giant rounds
Entrepreneurs and investors are looking to capitalize on our need to add convenience and data to our physical fitness journeys. According to Crunchbase, the 10 most funded U.S. fitness startups have raised over $1.6 billion. The latest large funding recipient is Zwift, a London-founded and California-based provider of cycling workouts that just secured $125 million.
Lessons learned raising millions for emerging startup markets
Fahim Saleh, founder of Adventure Capital, reviews tips to making venture fundraising abroad go more smoothly, so founders can come out on the other side funded and ready to scale
