Cloudera’s IPO will test unicorn valuations

 TL;DR: Cloudera’s recent IPO filing shows a company with steep losses and rapid revenue growth. Today we’ll examine Cloudera’s finances and where it fits into the current IPO universe. Why do we care? The Cloudera IPO could impact a host of other forthcoming debuts from companies that are also running in the red. Read More

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Robinhood stock trading app valued at $1.3 billion with big raise from DST

Zero-fee stock trading app Robinhood is completing a huge fund raise to fuel its attack on old brokerage firms that charge around $7 to $10 per trade. According to sources, the round is led by Yuri Milner investment vehicle DST Global and values the company at $1.3 billion. Robinhood declined to comment. [Update 4/26/2017: Robinhood has now confirmed TechCrunch’s […]

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Bra startup True&Co sold to Calvin Klein owner PVH

 True&Co., an e-commerce company founded with the mission of disrupting the lingerie industry by creating a new business model for selling bras and other undergarments, has been sold. Phillips Van Heusen (PVH), owner of Calvin Klein, Tommy Hilfiger and Izod, among other iconic brands, has acquired the startup and plans to use it to move deeper […]

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