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Augmented Reality Pushes the Boundaries of Entertainment

Augmented Reality Pushes the Boundaries of Entertainment - FinancialBuzz.com News Commentary NEW YORK, April 1, 2021 /PRNewswire/ -- Augmented reality is becoming a more prominent technology in the social media sector. After Snapchat pioneered it, Facebook, Instagram, Pinterest and TikTok have launched their own lenses, filters and effects. In the process, AR has shown its value not only for branding and entertainment, but also for commerce. A few recent developments from the social media world...
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Employee stock options funding startup EquityBee raises $20M

Employee stock options funding startup EquityBee raises $20M SHARE EquityBee Inc., a company that helps startup employees raise money to exercise their stock options, said today it has raised $20 million in new funding to accelerate growth and expand product offerings. The Series A round was led by Group 11 and included Oren Zeev Ventures, Battery Ventures and ICON Continuity Fund. Founded in 2018, EquityBee offers a platform that links employees with investors to pr...
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Joshua Kushner's Thrive Capital raises $2 billion for latest funds

By Reuters Staff 2 Min Read (Reuters) - Thrive Capital, owned by entrepreneur Joshua Kushner, said on Thursday it had raised $2 billion for a pair of early and late-stage funds, making it the largest fundraise for the venture capital firm. Thrive, which has backed online brokerage Robinhood and grocery delivery app Instacart, was founded in 2009 by Kushner, the brother of former U.S. President Donald Trump’s son-in-law Jared Kushner. About $500 million of Thrive’s new capital will be reserv...
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Unity Software Inc. (U) Q4 2020 Earnings Call Transcript

Richard Davis Thank you, and welcome, everyone, to Unitys financial results webcast. Today, well be highlighting our results for the fourth-quarter and for the full fiscal year of 2020. With me on the call today is John Riccitiello, president, chief executive officer, and executive chairman; and Kim Jabal, senior vice president and chief financial officer. Now one of our goals on this call is to help investors understand our business model and were going to try to do this in an efficient manne...
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Source: fool.com

Roblox Stock to Debut Directly on the New York Stock Exchange

Roblox Stock to Debut Directly on the New York Stock Exchange Roblox Stock to Debut Directly on the New York Stock Exchange January 28, 2021 14:29 UTC Roblox stock is due to be listed on the New York Stock Exchange imminently. But what can we expect from its listing? In our article, we will take an in depth look at Roblox, what we know about its listing and much more!  An Introduction to Roblox Roblox, founded in 2004, is an online gaming pla...
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SAP's Qualtrics files paperwork for an initial public offering in 2021

SHARE SAP SE today filed paperwork with the Securities and Exchange Commission for an initial public offering of its Qualtrics subsidiary that values it at between $20 and $24 per share, or about $12 billion to $14.4 billion. The pricing is preliminary and the amount of stock to be sold has not been specified. SAP, which announced it was planning the spinoff in July, said Morgan Stanley and JP Morgan are the lead underwriters for the offering, and that Qualtrics will trade on the Nasdaq index u...
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Citigroup Inc. (NYSE:C), Goldman Sachs Group, Inc. (The) (NYSE:GS) - Top Five US Banks Generate Record $37 Billion Investment Bank Revenues In 2020: FT

Share: Businesses scrambled to raise money in 2020 as the COVID-19 pandemic forced companies to shore up weak balance sheets and raise capital. Apart from that, 2020 was the second-best year for IPOs after 2007, raising $300 billion globally.  The top five U.S. investment banks were at the center of all the deal activity, making it a record year in investment banking fees. Together,  JPMorgan Chase & Co (NYSE: JPM),  Goldman Sachs Group Inc (NYSE: GS),  Bank of America Corp (NYSE: BAC)...
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Covid-19 caused chaos for investors in 2020 but these hedge funds made billions

Covid-19 caused chaos for investors in 2020 but these hedge funds made billions The funds that did well in 2020 bet early on an acceleration to online as people lived and worked remotely—then quickly shifted into a recovery trade betting on restaurants, hotels and travel (Bloomberg) Juliet Chung , The Wall Street Journal Managers who bet certain stocks would rise and others would fall had their best year in a decade. The biggest winners wagered that e-commerce and cloud computing would thri...
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Tech IPO bonanza yields riches for venture-capital firms

Tech IPO bonanza yields riches for venture-capital firms A man shows his wallet with US dollars in it in a street of Havana. (AFP) Heather Somerville , The Wall Street Journal Sequoia Capital and others prosper as the debuts of DoorDash and Airbnb cap the most lucrative year on record for new listings Share Via Read Full Story The venture-capital offices around Silicon Valley remain largely empty, but their coffers will soon be brimming after what has shaped up to be a surprisingly resilient ...
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