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Figure AI sent cease-and-desist letters to secondary markets brokers

Last month, Brett Adcock, founder of a robotics startup Figure AI, claimed in a post on X that his company “is now # 1 most sought-after private stock in the secondary market.” But the company has sent cease-and-desist letters to at least two brokers who run secondary marketplaces, those brokers told TechCrunch.These people said Figure … Read more

Trump threatens secondary tariffs on Russian oil if no deal on Ukraine

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump said he was “pissed off” with Vladimir Putin for foot-dragging in talks over a ceasefire with Ukraine, as the US president threatened secondary tariffs on buyers of Russian oil if no … Read more

Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures, and Definition Capital bought the secondaries from employees and early investors. … Read more

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