Tuesday, August 22, 2023

Arm spent 3,500+ words in its 330-page IPO prospectus explaining the risks in China, a critical market that accounted for ~24% of its sales in the year to March (Bloomberg)

Bloomberg:
Arm spent 3,500+ words in its 330-page IPO prospectus explaining the risks in China, a critical market that accounted for ~24% of its sales in the year to March  —  - Geopolitical tensions, China economic woes hurting sales  — Power struggle with fired China unit CEO still casts shadow



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PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg : PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion ...