Monday, March 4, 2024

Saudi Arabian e-commerce software startup Salla raised $130M from Investcorp, Sanabil, and others, in what is likely to be its last funding round before an IPO (Matthew Martin/Bloomberg)

Matthew Martin / Bloomberg:
Saudi Arabian e-commerce software startup Salla raised $130M from Investcorp, Sanabil, and others, in what is likely to be its last funding round before an IPO  —  - Sanabil, STV also participated in the pre-IPO fundraising  — Salla is part of bevy of Saudi startups prepping for listing



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A look at Anthropic's Long-Term Benefit Trust, an unusual, opaque five-member trust whose trustees own no equity and hold enormous sway over the company (Theo Francis/Wall Street Journal)

Theo Francis / Wall Street Journal : A look at Anthropic's Long-Term Benefit Trust, an unusual, opaque five-member trust whose truste...