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Sanket Merchant's Newsletter Archive

Thu, Aug 13 2020

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Hello and welcome to my Nuzzel newsletter! Sanket Merchant (Emerging Growth B2B Software Investor @peakspancapital | Technology enthusiast | Innovative thinker | Alum @CUBoulder, @houlihanlokey and @FactSet.)
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Gong raises another $200M on $2.2B valuation
TechCrunch – Ron Miller – Aug 12, 2020, 1:30 PM

Image Credits: MarsYu / Getty Images For the third time since last February, Gong has raised a significant sum. In February, the company scored $40 million. In December, it grabbed another $65 million, and today it was $200 million on a $2.2…

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Palantir Plans Direct Listing for Late September
Bloomberg – Lizette Chapman – Aug 12, 2020, 5:42 PM

Palantir Technologies Inc. is planning to go public through a direct listing of its shares in late September, according to people familiar with the matter. The company, which sells data analysis software used by governments and large companies…

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When and how to vote in all 50 states
Axios – Stef W. Kight – Aug 13, 2020, 2:41 AM
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Digital loan start-up Blend jumps to $1.7 billion valuation as mortgage demand surges
CNBC – Hugh Son – Aug 12, 2020, 7:33 AM

Published Wed, Aug 12 2020 10:33 AM EDT Digital lending start-up Blend raised $75 million in fresh funding at a valuation of almost $1.7 billion, a jump of more than 70% from its previous round a year earlier, CNBC has learned. Refinance…

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Raise less money
aaronkharris.com

Over the last few years, I've noticed that good companies are increasingly over-diluting themselves in their seed and A rounds. Counterintuitively, dilution seems to rise along with price. One would expect the opposite correlation. Strong founders…

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