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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02AI Processing
Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]
Reddit Starting To Look Straight-Up Attractive At This Price
Seeking Alpha· 2026-03-28 11:16
I covered Reddit ( RDDT ) back in February, assigning a buy rating (upgraded from hold put forward in July). Since then, the stock has been down +15%. At first glance, you’d assume that the stock is heading in the opposite direction of what I’dMarkets rise and fall, booms come and go, and the world keeps ticking. Ultimately, I believe observing megatrends, as difficult as they can be to spot, let alone fully comprehend, can yield insights into the advance of human society, which in turn could pave the way f ...
PPH ETF: Drug Pricing Policy and Eli Lilly Concentration Are the Two Risks to Watch in 2026
247Wallst· 2026-03-28 11:15
PPH ETF: Drug Pricing Policy and Eli Lilly Concentration Are the Two Risks to Watch in 2026 - 24/7 Wall St. S&P 5006,362.40 -2.11% Nikkei 22551,507.00 -2.23% Investing PPH ETF: Drug Pricing Policy and Eli Lilly Concentration Are the Two Risks to Watch in 2026 By Michael WilliamsPublished Mar 28, 7:15AM EDT Quick Read VanEck Pharmaceutical ETF (PPH) is 17.91% concentrated in Eli Lilly (LLY), which has fallen 16% year-to- date as generic GLP-1 competition and patent expirations in emerging markets threaten ...
10 REITs For The Next 10 Years
Seeking Alpha· 2026-03-28 11:15
We invest thousands of hours and over $100,000 per year into finding the most profitable opportunities, and our approach has earned over 500 five-star reviews from members seeing real results.High Yield Landlord is turning eight, and to celebrate, we’re offering new members a 30-day money-back guarantee . If you were ever on the fence, now is the perfect time to join. We have just released our Top Picks for 2026 , and with the guarantee, you have everything to gain and nothing to lose.Jussi Askola is the Pr ...
Sixth Street Specialty Is A Buy-The-Dip BDC
Seeking Alpha· 2026-03-28 11:10
I was right to put Sixth Street Specialty ( TSLX ) on hold. As I wrote in my previous articles , I considered the price too high to keep buying more shares. But a lot has changed since. II'm Cash Flow Venue and I've been investing for years trying to build my dividend portfolio. I like dividends doing the work for me, but I also have a separate growth portfolio.I'm an M&A Advisor, which means that I advise people and businesses on selling (but sometimes buying) their businesses.I usually work on some financ ...
Big BDC Dividend Yields: 1 Golden Opportunity And 1 Value Trap
Seeking Alpha· 2026-03-28 11:05
In fact, our portfolio’s total return outperformance speaks for itself, as detailed here . If you are looking for a disciplined, income-focused strategy built around high-conviction ideas trading at compelling discounts, I encourage you to take a closer look at what we are building at High Yield Investor .The business development company ( BIZD ) sector has been selling off recently as private credit has come under increasing scrutiny and has suffered from numerous negative media headlines recently. As a re ...
A Paramount-Warner Bros. movie slate will need more animated features to compete with Disney and Universal
CNBC· 2026-03-28 11:00
In this articleDISPSKYWBDSource: Warner Bros. | ParamountWhen Paramount Skydance combines with the Warner Bros. film studio, it'll have a deep bench of marquee franchises and established prestige. What the powerhouse duo will be missing is an animated film slate that could rival Hollywood giants like Disney and Universal. The combined entity, which is still awaiting regulatory approval, has a stacked slate of tentpoles including DC superhero fare, a Minecraft sequel, another Sonic the Hedgehog film and new ...
Visa, Street Soccer USA and Bank of America to Bring Visa Street Soccer Parks to Every FIFA World Cup 2026™ Host City in the U.S.
Prnewswire· 2026-03-28 11:00
With 75 days to go until the FIFA World Cup 2026â"¢, Visa and partners expand community investment—bringing additional access to sport, education and opportunity to communities across the U.S. SAN FRANCISCO and CHARLOTTE, N.C., March 28, 2026 /PRNewswire/ -- Visa, the Official Payment Technology Partner of the FIFA World Cup 26â"¢, together with national nonprofit Street Soccer USA and Bank of America, the Official Bank Sponsor of the FIFA World Cup 26â"¢, today announced a significant expansion of Visa St ...
Edenred: Capitulation Seems Close, And Hardly Justified Here
Seeking Alpha· 2026-03-28 10:58
While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited invest ...