With everything that has gone down at Better.com over the past 18 months, many of us are scratching our heads in wonder that CEO Vishal Garg remains employed.
TechCrunch+ roundup: Travel bans and H-1Bs, Reddit’s IPO plans, early-stage space chat
I’ll be off on Tuesday, December 21, but we’ll return with a very comprehensive newsletter on Friday, December 24. Thanks very much for reading, and have a great week!
Super app Grab starts trading on supersized SPAC combination
Grab will begin trading today on the Nasdaq under the ticker symbol “GRAB.”And it raised a pile of money in the process. Billions, in fact.
Brivo to go public via SPAC at $808M valuation
Going public will enable Brivo to go after more M&A opportunities.
Mission-driven ventures are growing fast during the pandemic
You’ve heard of SPACs, meme stocks and buy now, pay later, but have you heard of the LTSE, First Women’s Bank and Upsolve?
Better.com acquires UK-based Property Partner ahead of SPAC close
The deal could give Better a way to augment its lending business with the potential to enable fractional ownership of properties in the U.S. and other markets.
Forbes jumps into hot media liquidity summer with a SPAC combo
Is it the most exciting debut? No. But it does highlight that with enough gumption, one can take a magazine business into the digital age and keep aggregate revenue growing. That’s worth something.
A lot of cash and little love: An insurtech story
The players in the space that we can name and track are generally cash-rich and market-sentiment poor.
Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger
Queen’s Gambit Growth Capital, the women-led SPAC in charge of the deal, called Swvl ‘a disruptive platform that solves complex challenges and empowers underserved populations.’
Fisker invests in EV charging network Allego’s SPAC merger
Fisker is investing $10 million in private-investment-in-public equity (PIPE) funding for the merger of Allego and special purpose acquisition company Spartan Acquisition Corp III.