• image

    This puppy is sad you haven't joined the 1,100-plus readers who support the Ticker with a $10-per-month subscription.

    Our Friday editions and "Top 20 Stories of the Week" emails are for paid subscribers only. Click here to subscribe now.

    Special thanks to Daniel, Thomas and the other readers who started paid subscriptions last week!

  • Trending on the Ticker

  • Microsoft is in advanced talks to acquire Discord for more than $10B, according to sources for The Wall Street Journal; it’s anticipated the companies could announce a deal as soon as next month; if a sale is agreed, it will likely be Microsoft’s largest since it purchased LinkedIn for $26.6B in 2016 - Link

  • China-based Hillhouse Capital acquires Philips’ appliances division for €3.7B (~$4.4B); the Dutch company says the transaction concludes its major divestments; Philips has previously spun out its lighting and consumer electronics units; the firm is now focusing on healthcare devices - Link

  • Axios is in talks to merge with sports publication the Athletic, according to sources for The Wall Street Journal; the discussions include the prospect of taking the combined company public via a SPAC deal; Athletic CEO Alex Mather approached Axios counterpart Jim VandeHei about the deal, but it's unclear who would oversee the merged business - Link

  • WeWork has signed an agreement to go public via a SPAC merger with BowX Acquisition, according to sources for The Wall Street Journal; the deal values the combined entity at $9B, including debt; as part of the arrangement WeWork will raise an additional $1.3B, which includes $800M PIPE from Insight Partners, Starwood Capital, Fidelity Management, and others; WeWork initially planned an IPO for 2019 but the listing collapsed - Link

  • This Week in Startups | Angel S5 E10

    Jason speaks with investor Joanne Wilson about New York in the 90s, New York during the pandemic and returning to normal, high-end residential real estate's impact on the city, re-thinking commercial real estate and education, how the startup industry has changed for underrepresented founders, spotting a bubble, issues with raising above performance, more - Link