X @Forbes

RT Phoebe Liu (@_pheebini)New details about the @deel fundraise and its legal + private market battle with @Rippling:-- Deel projecting $170 million-$200 million profit this year on more than $1 billion ARR-- $650 million in shares were authorized in Deel's latest funding round, meaning this $300 million is just the first close with more $$ likely to come-- Deel has ~$800 million of cash in the bank-- The companies sued each other for corporate espionage; both are civil cases meaning what's at stake = poten ...