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A man in New Orleans lonesome for an opossum named Saffron, whom he had raised as a pet and dressed in a colorful sweater, is appealing to authorities to return the animal, which was taken from him by state wildlife officials. Thousands have backed an online petition to reunite the man with his marsupial. A friend’s petition on Change.org to bring Saffron home had garnered nearly 4,000 signatures by Wednesday afternoon. In an interview on Wednesday, Mr. Voiles, 50, said he and his friends were appealing to law enforcement, biologists, veterinarians, online supporters and even Gov. Saffron formed part of a menagerie, including one rabbit and two dogs, all named after spices, that Mr. Voiles wheeled around New Orleans on a tricycle with a basket and a trailer.
Persons: Saffron, William Voiles, Voiles, Jeff Landry of Locations: New Orleans, Jeff Landry of Louisiana
Why it's on the market: SMB lenders saw valuations skyrocket during the pandemic years fueled by cash-strapped businesses struggling to secure loans amid tightening lending requirements. "These sorts of businesses almost certainly got way over their skis on valuation," a partner at a California-based venture firm, told Insider. SMB lenders are potential acqui-hires or acquisition targets unless they can raise more capital, according to one New York-based partner at a large venture firm. In November 2022, Pipe announced its three cofounders would step down and start the search for a "veteran" CEO. Both experts expect to see consolidation throughout the segment, with larger consumer and SMB lenders like Ramp and Brex as potential buyers.
Why it's on the market: SMB lenders saw valuations skyrocket during the pandemic years fueled by cash-strapped businesses struggling to secure loans amid tightening lending requirements. "These sorts of businesses almost certainly got way over their skis on valuation," a partner at a California-based venture firm, told Insider. SMB lenders are potential acqui-hires or acquisition targets unless they can raise more capital, according to one New York-based partner at a large venture firm. A spokesperson for Pipe cited the fintech's hiring of Luke Voiles, a former Square and Intuit executive, as CEO earlier this year. Both experts expect to see consolidation throughout the segment, with larger consumer and SMB lenders like Ramp and Brex as potential buyers.
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