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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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...