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Search resuls for: "Rolfe Winkler"


4 mentions found


☆ Cerebral to Cut About 20% of Staff as Its Operations Shrink
  + stars: | 2022-10-24 | by ( Khadeeja Safdar | Rolfe Winkler | ) www.wsj.com   time to read: 1 min
Cerebral said in a memo that the moves would affect all of the company’s divisions. Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand and lower growth targets. In a memo to staff on Monday, Chief Executive David Mou said the changes would be spread across all divisions, including headquarters, clinical-care teams and support staff. He said employees would be notified over the course of the week, according to the memo, which was viewed by The Wall Street Journal.
☆ Cerebral to Cut About 20% of Workers as It Shrinks Operations
  + stars: | 2022-10-24 | by ( Khadeeja Safdar | Rolfe Winkler | ) www.wsj.com   time to read: 1 min
Cerebral said the moves would be spread across all of its divisions. Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand and lower growth targets. In a memo to staff on Monday, Chief Executive David Mou said the changes would be spread across all divisions, including headquarters, clinical-care teams and support staff. He said employees would be notified over the course of the week, according to the memo, which was reviewed by The Wall Street Journal.
☆ Adobe's $20 billion deal to buy Figma is one of the biggest ever for a venture-backed startup. Early VC investors like Index Ventures, Greylock, and Kleiner Perkins stand to win big.
  + stars: | 2022-09-15 | by ( April Joyner | ) www.businessinsider.com   time to read: +2 min
Adobe is buying the design-software startup Figma for $20 billion. Its early backers, including Index Ventures and Greylock, are likely to see big returns as a result. In a sleepy period for initial public offerings and blockbuster acquisitions, Adobe's $20 billion deal to acquire the design-software company Figma stands out. The acquisition is likely to be a sweet deal for early investors such as Kleiner Perkins, Index Ventures, and Greylock Partners. And now, Adobe is paying $20 billion, a combination of cash and stock, which is twice Figma's last known valuation.
☆ Mental-Health Startup Cerebral Investigated by FTC
  + stars: | 2022-06-14 | by ( Rolfe Winkler | Khadeeja Safdar | ) www.wsj.com   time to read: 1 min
Mental-health startup Cerebral was subpoenaed last month by federal prosecutors as part of an investigation into possible violations of the Controlled Substances Act. The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent the company that was reviewed by The Wall Street Journal. In the letter dated June 1, the FTC said it was investigating whether Cerebral engaged in deceptive or unfair practices related to advertising or marketing of mental-health services. The letter also directed the company to preserve documents.
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