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Anduril hires Pentagon vet Zachary Mears as head of strategy Zachary Mears (Source: Anduril Industries) WASHINGTON ― Anduril Industries has brought in Zachary Mears, a former senior Pentagon staffer, as head of strategy, the company is expected to announce Tuesday. Mears had been running Covington & Burling’s public policy practice but previously served as a chief of staff to then-Deputy Defense Secretary Bob Work and as the National Security Council’s director for strategic planning. Under Work, who prioritized outreach to small tech firms and Silicon Valley, Mears advised the Defense Innovation Unit – Experimental, or DIUx. Some five years later, Mears said he sees Anduril as one manifestation of those goals, the first in a class of start-ups building technology for the Defense Department. To boot, bipartisan agreement has sprung up around the strategic and operational challenges posed by China and the armed services have been opening up their require ....
[NEW YORK] Shares of Affirm Holdings, founded by PayPal Holdings' co-founder Max Levchin, almost doubled in their Nasdaq debut on Wednesday, valuing the US provider of installment loans to online shoppers at over US$23 billion. Read more at The Business Times. ....
Affirm extends its 2-day post-IPO surge to 160% Will DanielJan 14, 2021, 23:24 IST Affirm Affirm continued its post-IPO winning streak on Thursday. The stock has now surged as much as 160% in just two days of public trading. Since Affirm s founding, more than 6 million consumers have used the online lender to pay overtime. Affirm extended its two-day post-IPO streak on Thursday as shares surged 31% at intraday highs. The stock has now skyrocketed as much as 160% since it began trading publicly on Wednesday. CEO Max Levchin said in a prepared video address after the IPO that more than 6 million consumers have used Affirm to pay-over-time since its founding. ....
Shares of Affirm Holdings Inc, founded by PayPal Holdings Inc’s co-founder Max Levchin, doubled in their Nasdaq debut on Wednesday, valuing the U.S. provider… ....