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Clover Health shares dip as SEC looks into short-seller allegations

3 Min Read (Reuters) - Shares in Clover Health Investments Corp ended a seesaw trading session higher on Friday after the first public comment by its backer, venture capitalist Chamath Palihapitiya, on a critical report by short-selling specialist Hindenburg Research. Slideshow ( 2 images ) Clover said on Friday it would cooperate with an investigation by the U.S. Securities and Exchange Commission (SEC) into the Hindenburg report, which knocked Clover’s price down more than 12% on Thursday. The selling continued on Friday but a rebound came in late trade after Palihapitiya tweeted that he wished Hindenburg had contacted him or Clover so that it could have evaluated things first hand. He said he will let Clover’s long-term goals and performance speak for themselves.

Software startup Slync io lands $60 million investment from Goldman Sachs, only months after moving from California to Dallas

Software startup Slync.io lands $60 million investment from Goldman Sachs, only months after moving from California to Dallas Kyle Arnold, The Dallas Morning News Financial giant Goldman Sachs is investing $60 million in Dallas-based Slync.io to help the logistics software company expand. Popular Searches Slync.io, which left San Francisco for a new home in Dallas in June, got the Series B funding through the Goldman Sachs Growth investment division, intended to give proven companies the assets to grow from startup to serious market competitors. Slync.io’s mid-pandemic departure from California left it without an actual headquarters, but CEO Chris Kirchner and many of its employees have already relocated to North Texas.

Austin Inno - The top venture capital funding rounds for Austin startups in January 2021

Austin Inno - The top venture capital funding rounds for Austin startups in January 2021
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