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Top related persons:
Goldman Sachs - 1 AlphaSense - 1 Jack Kokko - 1 Kokko - 1 Mary Meeker - 1 Jaiveer Singh - 1 Devika - 1
Top related locs:
Bengaluru
Top related orgs:
Viking Global - 1 Big Tech - 1 Amazon - 1 Microsoft - 1 Thomson - 1

Search resuls for: "Mary Meeker"


5 mentions found


☆ AI startup AlphaSense valued at $2.5 bln after latest funding round
  + stars: | 2023-09-28 | by ( Jaiveer Shekhawat | ) www.reuters.com   time to read: +1 min
Sept 28 (Reuters) - Market intelligence platform AlphaSense has raised $150 million in a fresh round of funding that boosted its valuation to $2.5 billion, underscoring strong demand for artificial intelligence (AI) startups. Big Tech companies including Amazon (AMZN.O) and Microsoft (MSFT.O) have been pouring billions into securing ties with AI startups that are reshaping their industry. When asked if AlphaSense has any plans for an initial public offering, CEO Jack Kokko told Reuters the company has "plenty of capital more than we could hope for" right now. Investing in new initiatives, especially in generative AI, is a focus too as the company explores expanding its product offering, Kokko said in an interview. AlphaSense helps its customers extract relevant information from a trove of public and private content such as equity research, earnings calls, company filings and news.
Persons: Goldman Sachs, AlphaSense, Jack Kokko, Kokko, Mary Meeker, Jaiveer Singh, Devika Organizations: Viking Global, Big Tech, Amazon, Microsoft, Reuters, Thomson Locations: Bengaluru
☆ Exclusive: Kleiner Perkins partner Wen Hsieh to launch TSMC-backed new fund -sources
  + stars: | 2023-05-01 | by ( Krystal Hu Jane Lee | Krystal Hu | Jane Lee | ) www.reuters.com   time to read: +2 min
May 1 (Reuters) - Longtime Kleiner Perkins partner Wen Hsieh is leaving the Silicon Valley venture capital establishment to start a fund with backing from the firm and Taiwanese chipmaker TSMC (2330.TW), sources told Reuters. Hsieh is in advanced talks to raise $200 million from limited partners including Kleiner Perkins and TSMC for the new fund called Matter Ventures. A Kleiner Perkins spokesperson confirmed Hsieh's departure and the firm's participation in the fund. Hsieh, with two PhDs from the California Institute of Technology, has worked at Kleiner Perkins for 17 years, leading investments in Chinese drone maker DJI and 3D printing company Desktop Medal (DM.N). He will remain on the boards of companies he invested in at Kleiner Perkins, including orthodontic brackets maker LightForce.
☆ Even Elon and Zuck don't have the juice to make an all-in-one 'super app' happen
  + stars: | 2022-12-14 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +7 min
Mark Zuckerberg and Evan Spiegel harbor super app ambitions; Microsoft reportedly wants to build its take on a super app that would rival Google. At Facebook's parent company Meta, "super app" is a taboo word precisely because it's too abstract, Insider's Kali Hays reported last month. A newcomer super app has a tougher sell accessing this sophisticated, less trusting type of user. Silicon Valley's gatekeepers stand in the way of the super app dreamUS tech firms harboring super app ambitions will need to fend off their own regulators, overseas regulators, and Apple's App Store. As the CPP Investments white paper notes, super apps "can be thought of as operating platforms for mobile devices."
☆ How Peloton went from a pandemic-era success story worth $50 billion to laying off more than 4,000 workers and losing 3 top execs in a month
  + stars: | 2022-09-26 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +14 min
Peloton's stock has been trading well below the IPO price of $29 per share, at one point dropping as low as $8.22. Prior to founding Peloton, Foley was president at Barnes & Noble, overseeing its e-commerce business. "I would say that it took about five years for the really smart money to start getting involved," Foley told Insider in 2018. The ad, featuring a woman whose husband gifts her a Peloton bike for Christmas, was viewed as being sexist and playing into outdated standards of beauty. Public outrage over the ad sent Peloton's stock plunging 9%, wiping out $942 million in market value in a single day.
☆ How Peloton went from a pandemic-era success story worth $50 billion to laying off more than 4,000 workers and losing 4 top execs in a month
  + stars: | 2022-09-26 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +14 min
Peloton's stock has been trading well below the IPO price of $29 per share, at one point dropping as low as $8.22. Prior to founding Peloton, Foley was president at Barnes & Noble, overseeing its e-commerce business. "I would say that it took about five years for the really smart money to start getting involved," Foley told Insider in 2018. The ad, featuring a woman whose husband gifts her a Peloton bike for Christmas, was viewed as being sexist and playing into outdated standards of beauty. Public outrage over the ad sent Peloton's stock plunging 9%, wiping out $942 million in market value in a single day.
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