Topic: employee liquidity
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Synthesia Reaches $4 Billion Valuation in Employee Stock Sale
Synthesia has raised $200 million in a Series E round, doubling its valuation to $4 billion and surpassing $100 million in annual recurring revenue from major enterprise clients. The company is facilitating a structured secondary stock sale for employees at the new valuation, allowing early team ...
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Chamath's Warning: Why He Says Avoid His New SPAC
Chamath Palihapitiya has launched a new SPAC called "American Exceptionalism," raising $345 million to invest in sectors like AI and defense, while publicly advising retail investors to avoid buying its stock. He structured the SPAC to limit retail participation, arguing that these investments ar...
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Revolut Valued at $75 Billion in New Funding Round
Revolut has achieved a $75 billion valuation, making it one of Europe's most valuable private tech companies and highlighting strong investor confidence. The company is expanding globally with a banking license in the EU and operations in countries like the U.S., India, and Brazil, with plans to ...
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Harness AI Hits $5.5B Valuation in $240M Raise
Harness raised $240 million in Series E funding, increasing its valuation to $5.5 billion and projecting annual recurring revenue to surpass $250 million in 2025. The company's AI-powered DevOps platform automates the testing, securing, and deployment of software, addressing a major bottleneck cr...
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