The crucial price threshold is the fulfillment of many bullish projections. But were we right for the wrong reasons? Read More
Tag: Gamestop
Atelier Ventures wants to bring more influencers and creators into venture capital
A new seed fund launches with $13 million Read More
Would you take lower returns for cleantech?
Investors may have to accept lower returns for a cleantech boom, says Bill Gates
The Amazon of South Korea files for an IPO
This one’s no doubt the IPO to watch
Why GameStop couldn’t cash in on its briefly inflated stock frenzy
Enlarge / Hi, yeah, how much can I get by trading in this slighty used share of GameStop stock? (credit: Getty Images) At the beginning of the year, the stock market as a whole valued video game retailer GameStop at roughly $1.15 billion. By the close of trading on January 27, at the height of […]
A tech IPO in time for Valentine’s Day
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. IPO investors seem to think they’ve found a true match with dating app company Bumble. The company behind Badoo and the Bumble app raised $2.2 billion in an offering […]
The rise of friendship apps
Match Group (Nasdaq: MTCH), the company that owns dating app Tinder, agreed to acquire Hyperconnect, a South Korean maker of apps aimed at forming friendships, for no small amount: about $1.7 billion in cash and stock for the owner of the Azar and Hakuna Live apps. “Coronavirus is accelerating existing digital trends” may be a phrase […]
Reddit gets a Gamestop boost
You know the story by now: A band of retail traders helped send shockwaves through the stock market in recent weeks by taking bets traditional investors would consider absurd. Shares of video game retailer Gamestop at one point hit $347 apiece after languishing in the upper teens just weeks earlier. Now, the social media platform […]
Founders Fund signs up for a Miami office
A naive part of me hoped for a slow start to Monday. This was not my day . Let’s kick off the week with a highly debated topic: the move by some venture capitalists to Florida and Texas. Founders Fund, the venture capital firm founded in part by Peter Thiel, has rented out space in […]
Bitcoin, stocks and crude take off as the markets brace for a wave of stimulus checks
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. The reflation trade is alive and well, with stimulus talks in the U.S. boosting global equities. That, and a flurry of M&A activity have put investors in a risk-on […]