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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

7) that it was merging with publicly-traded Social Capital in an $8.6 The SoFi deal marks at least the third such transaction done by the Social Capital SPAC, Palihapitiya said in a televised interview on CNBC, adding that the deal was driven by the fact that banking infrastructure isn't currently meeting the needs of U.S. consumers.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

PYMNTS

.” It has applied as common stock on the Nasdaq Global Select Market. Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4 Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4

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Lyft Gets Hit With Class Action Lawsuit By Investors

PYMNTS

The the class action lawsuit, filed Friday (May 17) by Boston-based law firm Block & Leviton in U.S. The investors also contend Lyft overinflated its market share in its IPO filing. Citing Uber’s IPO filing, the investors said Lyft claimed to have 39 percent market share in the U.S. and Canada.

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Amazon May Double Whole Foods’ Customer Base Through Prime

PYMNTS

RBC Capital Markets’ Lead Internet Analyst Mark Mahaney said that there could be 20 to 30 million people who live near a Whole Foods store but don’t shop there on an ongoing basis, while there are about 60 to 70 million Prime customers in the U.S., CNBC reported. Gallo had said in an announcement.

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Tech Center: Startup Genome’s 2017 Global Startup Ecosystem Report

PYMNTS

This report purports that technology is the game changer when it comes to bridging the gap between the startup-heavy places, like Silicon Valley and Boston, and the rest of the world. These ecosystems tap into a worldwide circulation of ideas, knowledge, talent and capital. Los Angeles.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

Cava has around 30 restaurants in the DC, LA, and NYC markets, and its packaged dips and spreads are sold in more than 200 Whole Foods Market stores. Select VC Investors: Khosla Ventures, Social Capital. Select VC Investors: Cue Ball Capital, Valley Oak Investments. Select VC Investors: Otium Capital. sweetgreen.

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The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Below are the detailed profiles of the Top 20 Venture Capital Partners. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. Current Firm: First Round Capital (Founding Partner).