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Top related persons:
Ariel Cohen - 1 Rich Liu - 1 Amy Butte - 1 Cohen - 1 Cohen wouldn't - 1 he's - 1
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Navan U.S
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Navan - 1 CNBC - 1 Navan Travel - 1 New York Stock Exchange - 1

Search resuls for: "Rich Liu"


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☆ $9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
  + stars: | 2024-05-20 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
Asked about when Navan would choose to go public, the firm's CEO and co-founder Ariel Cohen said the company is close to reaching that milestone. "We can see the signals," he said, adding that Navan has been adjusting its leadership structure and making changes to its board in a signal of maturity. Last month saw Navan announce the return of Rich Liu, formerly Navan's chief revenue officer and "an expert on scaling companies from seed to IPO and beyond," to the business as CEO of Navan Travel, the company's travel division. While Cohen wouldn't commit to a date for Navan's eventual IPO, he said the business was "not far" from being ready for a stock market listing. The company is on track to become cash-flow positive and achieve profitability for the first time this year, he said.
Persons: Ariel Cohen, Rich Liu, Amy Butte, Cohen, Cohen wouldn't, he's Organizations: Navan, CNBC, Navan Travel, New York Stock Exchange Locations: Navan, U.S
☆ Startups find better access to talent as top tech companies cut jobs, freeze hiring
  + stars: | 2022-12-29 | by ( Jennifer Elias | ) www.cnbc.com   time to read: +8 min
More than 50,000 tech workers were let go from their jobs in November, according to data collected by the website Layoffs.fyi. “Given the tech layoffs and lower hiring by the big-tech companies, folks are looking for smaller tech companies to join,” said Christopher Fong, founder of Xoogler.co, a network for ex-Google employees. In the absence of the stability that the largest tech companies once offered, workers are looking to startups and midsize companies that offer greater flexibility and, in some case, the opportunity to have a bigger impact. “I tried not to think a lot about tech layoffs when interviewing," Bell said. Lauren Illovsky, talent partner for Alphabet's CapitalG venture firm said “hiring has gotten a little easier" for the group's portfolio companies.
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