Cory Weinberg / The Information:

Source: Databricks has told investors it is looking to raise $7B to $9B at a ~$61B valuation, to cash out employees that hold restricted stock units  —  Good afternoon from Las Vegas, where I'm writing this newsletter from a hotel room with a Strip view of the Encore, the hotel where bankers …

Cory Weinberg / The Information:

Source: Databricks has told investors it is looking to raise $7B to $9B at a ~$61B valuation, to cash out employees that hold restricted stock units  —  Good afternoon from Las Vegas, where I'm writing this newsletter from a hotel room with a Strip view of the Encore, the hotel where bankers …

Source: TechMeme
Source Link: http://www.techmeme.com/241119/p43#a241119p43