Monday, November 30, 2020

Sources: Gitlab is letting employees sell equity in a secondary share sale that values the company over $6B, up from a valuation of $2.7B in September 2019 (Ari Levy/CNBC)

Ari Levy / CNBC:
Sources: Gitlab is letting employees sell equity in a secondary share sale that values the company over $6B, up from a valuation of $2.7B in September 2019  —  - GitLab competes with GitHub, which Microsoft acquired in 2018 for $7.5 billion.  — The company had originally aimed to go public …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...