Skillz will be the first esports company to go public, and it’s using a SPAC led by the same execs who brought DraftKings public earlier this year. The deal values Skillz at around $3.5 billion, 15.5 times its projected 2020 revenue of $225 million. The company …
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Virgin Atlantic Airways won U.K. court approval today for a 1.2-billion-pound ($1.6 billion) recapitalization plan, financed in part via Richard Branson selling down part of his stake in Virgin Galactic Holdings (NYSE:SPCE). The British airline, which is owned by …
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Bumble, a dating app that lets women make the first move, is preparing for an initial public offering that could come early next year, according to people familiar with the matter. Austin-based Bumble could seek a valuation of $6 billion to $8 billion, said one the …
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For more, see this link on the Bloomberg Terminal, visit @QuickTake on Twitter or see the YouTube playlist.) From Miami Beach to Ibiza to the Jersey
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‘Continued uncertainty and volatility related to the pandemic … a theme echoed across the country’. People walk in front of Bloomingdale’s after New York relaxed restrictions on business. Although the economy has reopened, the U.S. still faces a long …
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