Forget the casino, bankrupt Hertz can now sell up to $1 billion in stock – TechCrunch

[ad_1] Hertz, the rental car company that is going through Chapter 11 bankruptcy proceedings, can now sell up to $1 billion in stock as it seeks to tap into one of the hottest tickets in town: traders with an appetite for short-term speculative bets. . The decision Friday by the U.S. Bankruptcy Court for the…

Is it better to be a private or public company right now? – TechCrunch

[ad_1] Hello and welcome back to Equity, ’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Every week we write this post with some opening line akin to wow, what a week, huh? This is yet another one of those weeks. Perhaps this is just life now, and every week will stretch before us, similar…

Robinhood raises $280M, pushing its valuation to $8.3B – TechCrunch

[ad_1] As expected, Robinhood has closed a new round of capital. The late-stage, consumer investing app announced today that it has closed a $280 million Series F funding at an $8.3 billion valuation. This closely tracks prior coverage that the firm was hunting for a nine-figure round at a valuation of around $8 billion. Robinhood…

Saving, not spending, is the new hotness in fintech – TechCrunch

[ad_1] Hello and welcome again to our common morning have a look at personal corporations, public markets and the grey house in between. Yesterday information broke that Robinhood is on the hunt for new capital at a roughly flat valuation, per pal of the weblog Katie Roof. If you’re a bit confused by the information,…