🔥 Hot Takes Tuesday for 2024-11-19
Impressive valuations and unique IP rights in France are the highlights of today's edition!
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Two hot takes on the two stories caught my eye on Tuesday.
💰 + 📊 Lofty numbers may get more lofty, but getting to a $61B valuation in ~10 years is pretty impressive!
Techmeme: Source: Databricks has told investors it is looking to raise $7B to $9B at a ~$61B valuation, to cash out employees that hold restricted stock units (Cory Weinberg/The Information)
By Cory Weinberg / The Information. View the full context on Techmeme.
💶 + 🇪🇺 I continue to view the unique IP rights conveyed to French companies as a differentiation and advantage.
Techmeme: Atomico: European startups are on track to raise $45B in 2024, down from $47B in 2023, with only $3B in IPO value and $10B in M&A through mid-November (Ingrid Lunden/TechCrunch)
By Ingrid Lunden / TechCrunch. View the full context on Techmeme.
Note: Some images via Unsplash
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Cuthrell Consulting LLCAttn: Jay Cuthrell1903 Live Oak St #92Beaufort, NC 28516-0092
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