Category: nyse
Nerdy, a tutoring marketplace startup, is going public via SPAC
A gig economy-powered consumer edtech platform is heading to the New York Stock Exchange. Edtech startup Nerdy, which owns the popular tutoring business Varsity Tutors, is seeking to become a public company through a special purpose acquisition vehicle, otherwise known as a SPAC. Nerdy will merge with TPG Pace Tech…
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A16z is now managing $16.5 billion, after announcing two new funds
Andreessen Horowitz (a16z) has closed a pair of funds totaling $4.5 billion, the firm confirmed in a blog post this morning. The firm has raised $1.3 billion for an early-stage fund focused on consumer, enterprise and fintech; and closed a $3.2 billion growth-stage fund for later-stage investments. The firm did…
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Shutterstock founder and CEO Jon Oringer steps down after 16 years
It’s an end of an era — and you might just want to snap a photo of it, and just maybe upload it for others to purchase Jon Oringer, who founded New York City-based Shutterstock in 2003, announced today that he would be stepping away from his duties as CEO…
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