Thursday, July 29, 2021

Sources: SoftBank is preparing to sell about one-third of its stake in Uber, or 45M shares, to cover its Didi losses; SoftBank has lost ~$4B on Didi (CNBC)

CNBC:
Sources: SoftBank is preparing to sell about one-third of its stake in Uber, or 45M shares, to cover its Didi losses; SoftBank has lost ~$4B on Didi  —  - Investors have pushed down Didi shares on concerns that the Chinese government was planning to impose fines on the company.



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...