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Not Even SoftBank Can Escape Activism Unscratched.

Not Even SoftBank Can Escape Activism Unscratched.
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The Daily Stack

April 8, 2020
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Not Even SoftBank Can Escape Activism Unscratched

SoftBank succumbs to the pressures of Activist investor Eliooitt Management. Demanding higher and more immediate return, the Singer-Son duo of Elliott Management SoftBank might change the landscape of the startup ecosystem.

How this will change SoftBank's existing portfolio and they way startups are funded today. And an unlikely South African company might provide a preview to the future. 
 [Read More]

 
Airbnb received a new lifeline
Airbnb said it will focus particularly on long-term stays, from students needing housing to remote workers, building on a rising demand the platform has seen as people self-isolate during the pandemic.[Read More]
When are we getting back to work?
Citi's survey shows most people believe it is by end of May. 
Last week, PrivCo has updated
964 profiles, 141 M&A deals, and 80 fundraising activities


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Daily Deals

 

Halo Labs raised new funding to enter into the FDA market [PR News Wire] 
Glassbox raised $40 million to track customary journeys [Venture Beat]
RNA-targeting medicines startup Rgenta secured seed funding [VC News Daily]
Another day, another strike at Target's Shipt [TechCrunch] 
Airbnb got a new life line and is already in talk again for more debt [Bloomberg]
Cloud computing companies emerge as a haven asseet amid crisis [Bloomberg] 
CircleCI continuous delivery pioneer secures $100 million Series E investment today [TechCrunch]
Thanks for reading. Be well and stay safe!
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