It’s been a bumpy road for the electric vehicle startups that rushed to go public over the past two years by merging with a publicly traded shell company. Now, the […]
SPAC
Trending topics and news from the SPAC category
Back to news homeData intelligence startup Near, with 1.6B anonymized user IDs, lists on Nasdaq via SPAC at a $1B market cap; raises $100M
The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form […]
Bird changes course, drops vehicle sales in pursuit of profitability
Bird presented its first quarter 2022 earnings on Monday after the bell. Revenue has decreased consistently since the company went public via a special purpose acquisition merger in November last […]
Unpacking music streaming economics through the lens of Deezer’s SPAC
The smaller European service projects growth on the back of B2B partnerships Alex Wilhelm 9 hours In an expected move, European music streaming company Deezer announced plans yesterday to go […]
It’s a fintech world, and we’re just living in it
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.It was a live recording this week, which was […]
Tiger’s stamp of approval is coming for the early stage
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox early, subscribe here. On Tuesday, AngelList Venture closed its […]
Wag’s recovery is a bet on you going back to work
Remember Wag? The dog-walking app made huge waves back in 2018 when it raised $300 million from SoftBank’s Vision Fund. Competing with rival Rover, Wag’s service fell out of our […]
EV SPAC Faraday Future is restructuring leadership following review of inaccurate statements to investors
Faraday Future is revamping its board, cutting the pay of two top executives and suspending at least one other, following an internal investigation that determined employees made inaccurate statements to […]
Vertical farming firm Kalera eyes SPAC deal
Another vertical farming operation revealed its plans to hit Nasdaq by way of SPAC. This week, Florida-based Kalera announced plans to merge with Agrico Acquisition Corp. in a deal that […]
The year of the disappearing lock-up
That startup founders are in the driver’s seat has been plain for a while now. Consider the extent to which funding has soared, with investors reportedly plugging a record $93 […]