Funding

Technology

Tech FOMO Can Hurt on the Comedown. Can the Cycle Be Broken?

Photo illustration by Connor Lin / The Daily Upside, Photo by Bigmouse108 via iStock

Shiny new innovations draw in ambitious founders and investors, and then FOMO brings in everyone else, making the eventual fall harder.

4 min read

Photo by TechCrunch via CC BY 2.0

Artificial Intelligence

OpenAI Closes Its Latest Funding Round with One Major Request

As OpenAI wraps its latest funding round — a $6.6 billion raise at a $157 billion valuation — it’s asking financial backers for exclusivity.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

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