article thumbnail

SoftBank’s Second Vision Fund Invests In Two Companies

PYMNTS

SoftBank ’s second Vision Fund has invested in two companies, artificial intelligence company Behavox and healthcare-facing company Karius , according to Reuters. SoftBank has been dealing with losses from its first Vision Fund, which invested in ride-hailing companies and coworking company WeWork.

Company 150
article thumbnail

Wyoming Lures Crypto Companies With Friendly Laws

PYMNTS

Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies. The more traction and the more ground we can gain toward Delaware, the better for the state of Wyoming.” He was referring to Delaware’s friendly stance on LLCs.

Wyoming 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Jessica Alba’s Honest Company Faces A Down Round

PYMNTS

Looks like Jessica Alba’s co-founded Honest Company might be in a bit of honest trouble. According to emerging news reports, the five-year-old home and body care product company is looking to raise $75 million in new Series D venture capital funding at $19.60 That places its total valuation at $1.7

Company 139
article thumbnail

LVMH, Tiffany Engage In Luxurious War Of Words

PYMNTS

The suit, filed Monday in Delaware , says that LVMH “continues to have full confidence in its position that the conditions necessary to close the acquisition of Tiffany have not been met.”. For instance, Tiffany paid the highest possible dividends while the company was burning cash and reporting losses. LVMH said Tuesday (Sept.

Delaware 189
article thumbnail

Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Holdaway will be based in Wilmington, Delaware, and will start his new position in July.

Capital 100
article thumbnail

Funding Could Bring The RealReal To $1B Valuation

PYMNTS

A Delaware stock authorization filing was discovered by the Prime Unicorn Index. However, there is no guarantee that The RealReal will sell the full amount of shares, and the company declined to comment. The company currently has eight luxury consignment offices, where customers can come in for free evaluations of their luxury items.

article thumbnail

The RealReal Notches $300M In IPO

PYMNTS

The company priced its shares above a target range, having sold 15 million shares for $20 apiece following their marketing at $17 to $19, Bloomberg reported. Last year, the company had revenue of $207 million but lost $76 million, per the U.S. In its U.S. initial public offering (IPO), eCommerce luxury reseller The RealReal Inc.

Delaware 100