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The Execs Getting Rich From the Adtech Company IPO Boom

The Execs Getting Rich From the Adtech Company IPO Boom
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AppLovin Corporation (APP) Q2 2021 Earnings Call Transcript

AppLovin Corporation (APP) Q2 2021 Earnings Call Transcript
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American Apparel Inc (AMEX:APP), (BE) - Notable Insider Buys Of The Past Week: AT&T, GoodRx, Opendoor Technologies And More

Why it s not surprising to see nine-figure AI rounds  – TechCrunch

Ready? Let’s talk money, startups and spicy IPO rumors. This week, Scale AI raised a $325 million Series E. The company, as TechCrunch has written, works in the data labeling space. And it has been on a fundraising tear over the last few years. In 2019 TechCrunch wrote about how the company’s then-22-year-old CEO had put together a $100 million round. Then in December of 2020, it raised $155 million at a roughly $3.5 billion valuation. Now it’s worth more than $7 billion. Impressive, yeah? Well, as I learned earlier this week, AI startups in general are having one hell of a year. From the start of 2021 to April 12th, there were 442 AI-startup deals in the U.S. worth $11.65 billion, according to PitchBook data. And the recent Microsoft-Nuance AI deal may accelerate things even more.

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