Tag: Plaid

Affirm doubles after starting to trade despite strong IPO pricing

Today shares of Affirm, a buy-now-pay-later unicorn, started trading above $90 per share, far above its $49 per-share IPO price, a figure that was already miles above the company’s early expectations. The pop comes after Affirm raised its pricing range earlier this week, to $41 to $44 per share, up…

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Daily Crunch: Visa calls off Plaid acquisition

Regulatory action prompts Visa to back off a fintech acquisition, Uber and Moderna partner and Checkout.com is valued at $15 billion. This is your Daily Crunch for January 12, 2021. The big story: Visa calls off Plaid acquisition The deal, valued at $5.3 billion, was first announced just over a…

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Tesla’s refreshed Model S design may have been spotted on the road

Tesla’s Model S design hasn’t really changed much since 2016, but it appears poised for an (arguably overdue) update. According to Electrek, The Kilowatts have spotted what appears to be a Model S design refresh roaming around Palo Alto. At first gla… Source

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Daily Crunch: DOJ files suit to stop Plaid acquisition

The DOJ challenges Visa’s acquisition of a fintech startup, Apple releases the latest version of iOS and goPuff acquires an iconic alcohol retailer. This is your Daily Crunch for November 5, 2020. The big story: DOJ files suit to stop Plaid acquisition The Department of Justice is challenging Visa’s $5.3…

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Tesla’s 1,100HP ‘Plaid’ Model S sport sedan will arrive in late 2021

To cap off the Battery Day unveiling, Tesla CEO Elon Musk showed video of the long-hinted-at Plaid version of a Model S sedan. Back in 2019 Tesla showed video of a triple-motor equipped Plaid prototype lapping Laguna Seca in 1:36, and according to Mu… Source

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NewView Capital’s Ravi Viswanathan on how mature companies can survive this market

Ravi Viswanathan has been an investor long enough to see some serious ups and downs. Viswanathan most recently founded NewView Capital a couple of years ago — a firm that launched with $1.35 billion from investors, largely to acquire the stakes of 31 companies that had been funded by New…

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