The SPAC trash ticker is counting down
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week had the whole crew aboard to record: Grace and Chris making us sound good, Danny to provide levity, Natasha.....»»
As Zynga impresses, rival mobile-gaming shop Jam City looks to list via SPAC
This morning, we're looking at the Jam City deal to merge with DPCM Capital. Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard of it. While it would be nice to write about something other.....»»
It can"t all be insured: counting the hidden economic impact of floods and bushfires
The Australian government's latest budget has committed A$210 million for a new climate information service, $600 million for a new agency to promote natural disaster recovery and resilience, and $10 billion for a reinsurance fund to reduce insurance.....»»
Industrial automation startup Bright Machines hauls in $435M by going public via SPAC
After the transaction is consummated, the startup will sport an anticipated equity valuation of $1.6 billion. Bright Machines is going public via a SPAC-led combination, it announced this morning. The transaction will see the 3-year-old com.....»»
The Station: Exits at Waymo and Bird’s SPAC reveals its scooter-nomics
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways pe.....»»
Why SPACs aren’t targeting African startups
One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re counting local exchanges. The former is African-focused e-commerce company Jumia and the latter is Egyptian fintech co.....»»
Bird’s SPAC filing shows scooter-nomics just don’t fly
What drove the company's hugely unprofitable revenues and resulting net losses? Unit economics that were nearly comically destructive. Scooter unicorn Bird is going public, per an agreement to merge with a special purpose acquisition compan.....»»
Bird to go public via SPAC, at an implied value of $2.3B
Bird, the shared electric scooter startup that operates in more than 200 cities across three continents, said Wednesday it is going public by merging with special purpose acquisition company Switchback II with an implied valuation of $2.3 billion. Th.....»»
Bird’s SPAC filing shows scooter-nomics just doesn’t fly
What drove the company's hugely unprofitable revenues and resulting net losses? Unit economics that were nearly comically destructive. Scooter unicorn Bird is going public, per an agreement to merge with a special purpose acquisition compan.....»»
Bird Rides to go public via SPAC, at an implied value of $2.3B
Bird Rides, the shared electric scooter startup that operates in more than 100 cities across 3 continents, said Wednesday it is going public by merging with special purpose acquisition company Switchback II with an implied valuation of $2.3 billion......»»
Understanding SARS-COV-2 proteins is key to improve therapeutic options for COVID-19
COVID-19 has had a significant impact since the pandemic was declared by WHO in 2020, with over 3 million deaths and counting, Researchers and medical teams have been hard at work at developing strategies to control the spread of the infection, cause.....»»
Understanding the media company SPAC push
SPACs are desperate and asset prices are high as media recovers some and digital ad sales spike. SPAC now or forever hold your peace. Sorry for all the SPAC coverage today, but a host of richly valued private companies that have an ocean o.....»»
Digging into digital mortgage lender Better.com’s huge SPAC
We'll have to wait to see how public investors value the company once it begins to float later this year. But as far as unicorn SPAC deals go, there have been worse ones that we've viewed. Better.com, a venture-backed digital mortgage lende.....»»
Bird reportedly prepares to go public via SPAC, aims for 2023 profitability
Micromobility startups are following the lead of EV companies going public via mergers with special purpose acquisition companies, a financial instrument that came back en vogue in 2020. Bird Rides, the California-born micromobility company that now.....»»
Self-driving truck startup Plus to launch $3.3 billion SPAC deal
California-based Plus manufactures an automated driving system for heavy trucks, called PlusDrive......»»
Blue Origin isn’t pricing its first launch seat—it’s auctioning it
Jeff Bezos' rocket co. targets July 20 for its first crewed launch. Enlarge / Blue Origin's New Shepard vehicle is a capsule with a view. (credit: Blue Origin) On Wednesday, Blue Origin officially announced that its first crewed flight to spac.....»»
Researcher uses geology to help astronomers find habitable planets
Astronomers have identified more than 4,000, and counting, confirmed exoplanets—planets orbiting stars other than the sun—but only a fraction have the potential to sustain life......»»
Lidar maker AEye valuation slips 25% to $1.5 billion on new SPAC merger terms
The companies attributed the terms of the amended deal to "changing conditions" in the automotive lidar industry......»»
Muñoz: EVs are a key piece of Hyundai"s growth strategy
To get to 1 million U.S. sales a year, the brand is counting on the help of advanced new technologies......»»
Amid the IPO gold rush, how should we value fintech startups?
Whether it be via SPAC, direct listing or traditional IPO, we are likely to see at least 10 to 15 fintechs go public this year — possibly more. The spotlight will be bright this year on fintech IPOs. Allen Miller Contr.....»»
Self-driving truck startup Plus said to plan Hennessy SPAC deal
The Sequoia Capital-backed startup is set to have a valuation of more than $3 billion and raise $500 million to $600 million through the deal......»»