Company Acquisition

Bending Spoons acquires Airtable at 2.7x ARR, an 89% collapse from its 2021 peak valuation

Bending Spoons is buying Airtable at a $1.29B enterprise value, a fraction of its $11.7B 2021 peak, sending a sharp signal to B2B SaaS operators.

The Secret Behind Applied Digital’s Rapid Success

Wes Cummins, CEO of Applied Digital, highlights the foundation of Applied Digital’s success: its dedicated team of experts. In less than 24 months, the company has added an impressive 500 megawatts of capacity. This feat, according to Cummins, is credited to the company’s ability to recruit some of the best talents in the field and…

Why Elon Musk’s $44 Billion Deal Was Impossible for Twitter to Ignore

Editor’s Note: Our previous reporting on this topic analyzed Musk’s Twitter strategies and whether Twitter can ever meet its “social imperative,” and can be found here. Going once, going twice…Twitter, sold! To the richest man alive! Tesla CEO and top billionaire Elon Musk has purchased Twitter for $54.20 a share, totaling around $44 billion. Under…

Can An Elon Musk-Owned Twitter Meet Its Free Speech “Social Imperative”?

Editor’s Note: As of April 25th, Twitter has agreed to a deal with Elon Musk, selling the company for $44 billion. Twitter will now become a private company. The tech community woke up this morning to a Twitter feed on fire. Elon Musk, after announcing his ‘largest Twitter shareholder’ status at 9.2%, joining, and then…