The latest multi-billion dollar AI startup isn’t for writing code or generating images. It’s for answering your landlord. New York-based property and housing management company EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation, including $300 million in financing. Andreessen Horowitz and Bessemer Venture Partners are in talks
Mari, Ari Emanuel‘s new global events and experiences company, has agreed to acquire U.K.-based theater giant ATG Entertainment from Providence Equity Partners. ATG operates a total of 70 venues across the U.K., U.S., Germany and Spain, including 10 on London’s West End and seven on Broadway, with its business also spanning production and ticketing. ATG’s
Not all of the lessons in the Walker Deibel playbook fit between its covers. One of the first bolt-on acquisitions Lucas Philips tried to close was a tiny shop in rural Oregon — a guy who had spent decades fabricating custom interiors for Porsches. Philips flew to Portland, grabbed a brand-new convertible Mustang on a
Bending Spoons, the Milan-based tech conglomerate that made headlines for acquiring companies like AOL and Vimeo, went public on the Nasdaq this week with a bang, briefly reaching a market capitalization of more than $25 billion. While Bending Spoons’ shares have fallen slightly since then, its market capitalization remains double its previous private valuation of