The deal is also the latest in a string of private companies letting employees cash out shares and lowering the pressure on themselves to go public.
Related Posts
Investor focus shifts to rate cut outlook on Thanksgiving week, with Fed minutes and inflation data ahead
The interest rate outlook will come back into focus next week with key inflation data and Federal Reserve meeting minutes coming out ahead of Thanksgiving.
Justice Department investigates California over trans athletes after Trump threatens funding
President Trump said in a social media post that it is “not fair” that a transgender athlete was allowed to compete against women in California.
Databricks is buying database startup Neon for about $1 billion
Databricks, one of the most highly valued tech startups, is using some of its fresh capital for acquisitions.