Cloud security startup Wiz turned down a Google takeover. Now, it plans to ride the AI boom to an IPO.Wiz has rapidly grown to a $500 million annual recurring revenue and plans an IPO after rejecting a $23 billion acquisition offer from Google.
Weight loss care is leading IPO-hopeful Omada Health's latest growth surge as Ozempic boom continuesOmada Health's weight loss program is driving its growth and public market ambitions, with a notable shift towards GLP-1 care.
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining UnitSwan Bitcoin halted IPO plans, discontinued mining unit, and downsized staff due to mining industry challenges post-Bitcoin halving.Despite challenges, private miners aim to go public following Bitcoin's peak earlier in the year.
The FTC Is Looking Into How Reddit Licenses Data Before Its IPOThe FTC is conducting a non-public inquiry into Reddit's licensing of user-generated data for AI models.Reddit relies mostly on advertising revenue and is venturing into data licensing for AI training.
Scoop: Ashley paid $1 billion for mattress maker ResidentThe deal for Resident involved $680 million in cash and a $300 million seller note.Resident's venture backers reaped significant financial gains after the acquisition.