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Billionaire Richard Branson wants to raise $460 million for a new blank check company
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Private equity plays a starring role in 2020’s SPAC boom: “For most of their existence, special-purpose acquisition companies were mostly unknown. But this year, they’ve become some of the hottest investment vehicles on Wall Street, offering companies an alternative to a traditional IPO and opening up fertile new ground for dealmakers.”
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A low-profile investor who bet on Snowflake eight years ago is up more than $12 billion after IPO pop
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Gree’s E-Commerce ‘New Retail Strategy’ Goes From Strength to Strength as $175m Worth of Products Sold in Single Event: “Dong Mingzhu, chairwoman and president of leading Chinese home appliance maker Gree, has wrapped up her eighth e-commerce livestream continuing to illustrate the strength of her “new retail” strategy aimed at integrating online and offline channels.”
Last week’s link roundup can be found here.