Softbank leads a $120 million round for insurance startup Lemonade

 Softbank’s Vision Fund has finally made a good tech investment around real estate.
After investing $4.4 billion in what is essentially a bespoke office space rental business (WeWork) and another $450 million in Zillow for rich people (Compass), the gargantuan Japanese tech investor is leading a $120 million round of funding for Lemonade, a startup providing renters and homeowners insurance. Read More

View More Softbank leads a $120 million round for insurance startup Lemonade

SoftBank says that Benchmark and Menlo intend to sell Uber shares

 SoftBank Group has confirmed that it has found likely sellers for the tender offer for Uber’s shares, which launched tonight. These are the shares from existing shareholders that will be sold at more than a 30% discount to Uber’s last private round.  The Japanese investment firm provided us with the following statement. “SoftBank and Dragoneer have received indications… Read More

View More SoftBank says that Benchmark and Menlo intend to sell Uber shares

SoftBank says that Benchmark and Menlo intend to sell Uber shares

 SoftBank Group has confirmed that it has found likely sellers for the tender offer for Uber’s shares, which launched tonight. These are the shares from existing shareholders that will be sold at more than a 30% discount to Uber’s last private round.  The Japanese investment firm provided us with the following statement. “SoftBank and Dragoneer have received indications… Read More

View More SoftBank says that Benchmark and Menlo intend to sell Uber shares