Angel funding. Those are the earliest and smallest rounds. You have series a, later funding of series b, and so on. Generally speaking, series a is still a small round, meant to fund a company for a year, possibly two. Ill give you some context. Zoom, a company we have had on the show, is worth 21 billion now. But its series a, the first round of venture funding, was 6 million. Six. Some kind of Silicon Valley record leading a series a round to a Company Called one pass for 200 million likely the biggest series a in history, the biggest investment the firm has made. One password seems like a promising country. It deals with password management and security. But 200 million . On the first round of Venture Capital . Arun joins the reporters this week. John schwartz of dow jones and katie roof who covers venture journal. One more bit of c this is seriet was 285 million. That was a series c. What are you doing investing 200 million, and you did it with some other investors as well, in a se
Analysts weve got the number within analyst in biotech here to give us his favorite two names in that space. Yeah, the big cap and the small cap. In that order. You really have to know biotech. You really have to know. Im looking forward to speaking with him. Plus the man that won the paper called half man, half god, for his marketmoving calls. The number one equitylinked strategy will join us coming up. Think thats on his Business Card now we start, though, with the clock the stock powering the dow higher today, that would be walmart, shares surging 5 after some key announcements during its analyst day in bentonville, arkansas Courtney Reagan has some of the details from cnbc headquarters courtney reporter hi there, bill. Investors are pretty happy as you can see with walmarts forecast, two year 20 billion share buyback. Walmart shares up more than 5 hitting highs not seen in more than 2 1 2 years so walmart reaffirming its current year forecast which brackets analyst expectations. Al
For the first time in stanley cup history, congratulate one another. And the chant here is lets go preds. The motohere was stand with us. These people did. Stand with their team. All games this season, for the first time in the 19year history were sold out. Now, they wait for the handshake line to form. Usually, it is the captains at the forefront of this. And eventually, it will begin. The first handshakes began in hockey. In 1904, before the National Hockey league came into existence, long before they took possession of the stanley cup. Part of an old canadian tradition. Now they peel away from the celebration for congratulations to each other. Leading the way, dumoulin for the penguins, and pk subban for the predators. With all that happened during the course of this, p. K. Subban is coming close to sidney crosby. We will watch with interest. Pat on the shoulders, and they move on. Chris letang got into his young form, not able to play in the playoffs, not until next fall. But there
Four executives calling their moves, quote, grandstanding. Weve got all the business bases covered for you. Congressman rodry davis sits on house transportation and Infrastructure Committee and jay timmons is the president of the National Association of manufacturers, theyre here on why this new executive order might be long overdue, and whether it really will fast track projects . Plus the white supremacist neonazi weekend protests in virginia reigniting the debate over hightechs responsibility to protect free speech but weed out bad actors. Niko malay of media and Public Policy on the new and dangerous frontier. On wall street, yesterdays best day of the summer, a distant memory as stocks struggled to stay above water. Above the 22,000 line by five measly points. Were watching it for you. Apple hitting a fresh high and dicks stumbled on the earnings warning track. Were less than an hour to the closing bell. Lets start the countdown. So as we mentioned, we are waiting on President Tru
Our viewers, who face a very tough weekend in that part of the country. This, too, is breaking as we speak, a barnstorming tour for President Trump. Hes on the stump for tax cuts just like ron reagan. He starts next wednesday in springfield, missouri. Its now a handson, allout push for the centerpiece of the trump growth agenda. Varney company is about to begin. Stuart well, youre looking at a happen of the race in the gulf of mexico that may be affected by the storm. Theres a lot of them, as you can see. Perhaps more important, onshore in Corpus Christi alone there are five refineries, some of which have shut. That will affect the supply and price of gasoline over a very wide area. But, you know, look, i dont want to make this a financial story, because its not. No. Stuart this is a human story. Our viewers are facing this thing. Yeah, this is of biblical proportions. When you talk about 20 inches, some computer models say up to 40 inches. Tremendous amounts of rain stuck over the sam