Topic: financial metrics
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Tesla's $1 Trillion Musk Pay Deal Nears Approval Despite Protests
Institutional Shareholder Services (ISS) recommends Tesla shareholders reject Elon Musk's proposed compensation package, deeming it excessive and lacking binding commitments to ensure his focus remains on Tesla. The package could grant Musk over 423.7 million shares, potentially increasing his ow...
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Gusto Acquires Guideline for $600M, Will Divest Rival Customers
Gusto has acquired Guideline for approximately $600 million, integrating its 401(k) services for small and medium businesses into Gusto's platform to expand its HR and payroll offerings. Guideline, founded by TaskRabbit co-founder Kevin Busque, simplifies retirement plan administration with a fix...
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Deel Raises $300M, Hits $17.3B Valuation
Deel raised $300 million in Series E funding, reaching a $17.3 billion valuation, with investments led by Ribbit Capital and Andreessen Horowitz despite legal disputes with Rippling. The company is profitable with over $1 billion in annual recurring revenue, serving 35,000 clients and managing pa...
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