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It’s one of the key valuation and advisory players in music’s blockbuster M&A market. Now, Citrin Cooperman (CC) has an interesting new owner… and a mammoth price-tag. A Blackstone-led investor group has majority-acquired New York-headquartered CC, buying out the firm’s previous investor, New Mountain Capital. The Financial Times reports that the deal gives Citrin Cooperman […]
Cupertino: Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. The company has pulled ahead of Nvidia and Microsoft in the race to the monumental milestone, thanks to an about 16% jump in shares since early […]
Perplexity AI reportedly secured $500 million in its latest funding round this month. That puts the startup’s valuation at $9 billion, tripling its worth within six months. A handful of AI startups have seen its valuation skyrocket amid rapid funding rounds this year. Perplexity AI closed a $500 million funding round earlier this month, pushing […]
SpaceX is reportedly discussing the possibility of selling insider shares, putting the aerospace company’s market value at $350 billion. People familiar with the matter say that SpaceX is still discussing the possibility of selling insider shares with buyers and ironing out the details. However, its valuation of $350 billion is a significant increase from the […]
Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. It wasn’t always like this and frankly it took a lot of joy out of the industry for me personally. What happened? How […]