Wednesday, June 23, 2021

Self-driving truck startup Embark says it is going public via SPAC merger at a ~$5.2B valuation (Amrith Ramkumar/Wall Street Journal)

Amrith Ramkumar / Wall Street Journal:
Self-driving truck startup Embark says it is going public via SPAC merger at a ~$5.2B valuation  —  Embark is the latest self-driving truck firm to tap public markets in recent months, joining Plus and TuSimple  —  Embark Trucks Inc. is merging with a special-purpose acquisition company …



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Companies like Stripe, OpenAI, Anthropic, and SpaceX are letting workers cash out before their IPOs, a move once seen as taboo and lacking long-term commitment (Kate Clark/Wall Street Journal)

Kate Clark / Wall Street Journal : Companies like Stripe, OpenAI, Anthropic, and SpaceX are letting workers cash out before their IPOs, a...