Donald Trump’s beleaguered SPAC deal is finally going through, and just in time to pay nearly half a billion dollars owed over several legal actions — if the […]
MariaDB’s potential take-private deal is an indictment of 2021’s SPAC mania
The potential sale of MariaDB to K1 Investment Management for $37 million is a capstone on the failed era of SPAC mergers that gained prominence for a brief […]
Welcome back to the Unicorn Club, 10 years later
Aileen Lee is the founder of Cowboy Ventures. She partners at the earliest stages with enterprise and consumer-oriented startup teams to build products customers love, and to help teams […]
USDC stablecoin issuer Circle files confidentially for an IPO
Circle Internet Financial (Circle) has confidentially filed for a proposed IPO, the company said on Thursday. Circle is the issuer of the stablecoin USDC, which has the second-largest […]
The SEC wants $45 million from bankrupt Lordstown Motors
Bankrupt EV startup Lordstown Motors could be on the hook for $45 million for violating federal securities laws. The Securities and Exchange Commission filed a claim for that […]
Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for […]
SPAC delays $350M merger with stratospheric balloon startup World View – again
The special-purpose acquisition company poised to take stratospheric balloon startup World View public is now under official deadline as shareholders voted to again push back the date by […]
What drove online used car marketplace Shift to file for bankruptcy
Shift Technologies, the San Francisco-based online used car startup turned publicly traded company, filed this week for Chapter 11 bankruptcy. The short story, according to recent filings, is […]