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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]
ProSiebenSat.1 Media SE (PBSFY) Q4 2025 Press Conference Call Transcript
Seeking Alpha· 2026-03-27 09:35
PresentationStefanie Rupp-MenedetterExecutive Vice President of Group Communications A very warm welcome from my side to our annual press conference from ProSiebenSat.1. I welcome next to me our CEO, Marco Giordani; and our CFO, Bob Rajan. Great that you're here. Today, to give you a quick overview, I think that's pretty logic that we will go through the year results of 2025 and then give a strategic direction for the future and also the outlook. And for us, it's really important that we also have time for ...
Subsea 7 S.A Notice of Annual General Meeting
Globenewswire· 2026-03-27 09:30
Luxembourg – 27 March 2026 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today published and distributed to eligible holders of Common Shares and American Depositary Receipts (“ADRs”) the Notice of Meeting and supporting materials for the Annual General Meeting of Shareholders (the “AGM”). The AGM is scheduled to take place at 15:00 (local time) on 12 May 2026 at the Company's registered office, 412F, Route d'Esch, L-1471 Luxembourg. The holders of ADRs on record at the close of business on 31 March 2026 an ...
The Corporate Breakup Specialist Who Stopped the Split of Kraft Heinz
WSJ· 2026-03-27 09:30
Steve Cahillane, the food CEO who has twice broken up companies, is now taking on the surprise challenge of keeping one together. ...
Jim Cramer warns oil could drag U.S. stocks lower despite S&P futures rally
Finbold· 2026-03-27 09:29
The early morning of Friday, March 27, brought a shift to the settled dynamic in the financial markets as the S&P 500 futures rallied 0.66% from the index’s latest close at 6,525 to 6,567.75 soon after the opening.The former hedge fund manager and popular TV personality, Jim Cramer, took to X near the same time to note the oddness of the situation since he noticed that – unlike at essentially any other point in March – oil prices were rising at the same time as stock futures.Oil up, S&P futures up? New para ...
There's a clear path for U.S. stocks to rise next month after institutional deleveraging, say Goldman analysts
MarketWatch· 2026-03-27 09:28
There's a clean path for U.S. stocks next month to advance after massive institutional deleveraging, according to a report from Goldman Sachs trading desk team. ...
Ress Life Investments A/S announces the events of the extraordinary general meeting held on 27 March 2026
Globenewswire· 2026-03-27 09:23
Ress Life Investments A/SNybrogade 12DK-1203 Copenhagen KDenmarkCVR nr. 33593163www.resslifeinvestments.com To: Nasdaq CopenhagenDate: 27 March 2026 Corporate Announcement 12/2026 Ress Life Investments A/S announces the events of the extraordinary general meeting held on 27 March 2026. At the extraordinary general meeting of Ress Life Investments A/S held on Friday 27 March 2026, the following decision was taken: Appointment of Deloitte Statsautoriseret Revisionspartnerselskab as auditor for the financial ...
Oil News: Crude Oil Futures Flip Higher as War Risk Lifts Oil Outlook
FX Empire· 2026-03-27 09:21
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted a ...
Anthropic eyes October IPO - reports
Youtube· 2026-03-27 09:18
Anthropic is reportedly mulling the possibility of an IPO as soon as October as it raises Open AI to go public. That's according to Bloomberg and the information which says a listing could raise more than $60 billion. Anthropic was valued at $380 billion in a funding round a month ago.Well, October is still a long way out and as we consider what's happening on markets lately, I mean a 24-hour window seems dramatic when we talk about how equities are trading. So whether the window will be open for such a lar ...
VIGI Upgrade: From Underperformance To Portfolio Stability
Seeking Alpha· 2026-03-27 09:09
I issued a sell call on the Vanguard International Dividend Appreciation Index Fund ETF ( VIGI ) in June last year, at a time when the US growth markets looked decidedly a better place to be. TheI am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a former Vice President at Barclays, I led teams in model validation, ...