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An unproven small launch startup is partnering with a severely depleted SPAC trust to do the impossible: go public in a deal they say will be valued at $400 million. Innovative Rocket Technologies Inc. (iRocket) and BPGC Acquisition Corp., a special purpose vehicle company founded by former Commerce Secretary Wilbur Ross, is aiming to close … Read more
Venture capital firm Catalio Capital Management announced today the closing of its more than $400 million Fund IV, as first reported by Bloomberg. The fund will continue the firm’s thesis of backing healthcare and biotechnology companies. The firm was founded in 2020 and has made more than 100 investments, according to Pitchbook. Catalio’s Fund IV, … Read more
Coinbase, one of the biggest names in crypto, is dealing with a serious mess. A recent cyber attack targeted the company’s internal systems through a mix of deception and insider manipulation. The Coinbase hack wasn’t just another phishing attempt. It involved insiders, stolen data, and a potential $400 million fallout. Now, the fallout could cost … Read more
President Donald Trump continued to defend his decision to accept a $400 million jet from Qatar during an exclusive interview with Sean Hannity on Air Force One on Tuesday. Trump has received backlash for planning to accept the jumbo Boeing 747-8 jet from the Qatari royal family since news of the gift broke on Sunday. … Read more
Snapchat announced on Wednesday that Snap Map now has more than 400 million monthly active users, a new milestone for one of the app’s core features. Launched in 2017, Snap Map was originally a way for users to see their friends’ locations and browse public snaps from around the world. Overtime, the feature has evolved … Read more
In the world of tech, some might argue that the term of the decade is AI, but in the bigger scheme of things, beyond this single sector, the most important word may well be “resilience.” How well prepared are people, organizations, and countries for unforeseen, negative economic, geopolitical, social, and environmental developments? It’s a question … Read more
With Tether now used by — conservatively — over 400 million people, Paolo Ardoino calls it part of a stablecoin multiverse that is only getting started. Tether’s (USDT) user base has exceeded 400 million, growing by 50 million since October 2024, CEO Paolo Ardoino announced in a March 27 post on X, predicting it could … Read more
A group of anti-Israel student protesters at Columbia University on Saturday criticized the Trump administration’s decision to rescind more than $400 million in federal grants to the university over its alleged failure to address antisemitism on campus during demonstrations held in the aftermath of Hamas’ Oct. 7, 2023, attack against Israel. The student group, Columbia … Read more
Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported, citing sources. The tender offer, as such deals are called, will likely value the company lower … Read more
Plaid, a company that connects bank accounts to financial applications, is working on a deal to allow early-stage investors and employees to sell their stock to Goldman Sachs, which will pay between $300 million and $400 million for existing shares, Bloomberg reported citing sources. The tender offer, as such deals are called, will likely value … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4