The News Of Tomorrow, Today
The News Of Tomorrow, Today
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Tech funding usually happens in one of two ways. In one scenario, a software or service product — think Twitter — usually sells equity to venture capitalists who expect some kind of return on their investment. Hardware products usually go the crowdfunding route, building up a list of pre-orders that…
However WeWork may be defined—transformative office space startup or cult-like Silicon Valley unicorn—the U.S. Securities Exchange Commission reportedly believes the company warrants inquiry. Sources familiar with the matter told Bloomberg the SEC has begun scrutinizing the corporation over concerns that investors may have been misled ahead of WeWork’s disastrous initial-public-offering-that-wasn’t.
Elon Musk’s prolonged battle with the SEC over his tweets reached a tentative conclusion on Thursday. For now, he’s still allowed to post and you better believe he will exercise that right.
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