Wednesday, January 17, 2024

Lexington, Brookfield and Sequoia Heritage's Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales (Financial Times)

Financial Times:
Lexington, Brookfield and Sequoia Heritage's Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales  —  Buyers return after secondary market for private shares was hit by higher interest rates  —  Investment firms are raising billions …



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...