Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $ 5 billion. A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of $ 7.75 (£6.20) per share, which represents a 44% premium on its average price for […]
Grading Broncos' Zach Wilson trade: Key component of deal going overlooked
If you were scouring social media following the Denver Broncos’ acquisition of quarterback Zach Wilson, you were likely met with some not-so-nice words for the 24-year-old. It was clear that most of Broncos Country was not happy about the deal. There are many different takes out there but the one below, from former Broncos safety […]
Zach Wilson trade raises questions about deal Broncos didn't make
Heading into this offseason, there was little doubt that the Denver Broncos needed to add another quarterback to the roster. There were many trains of thought and none of them seemed like a slam-dunk solution. Instead of signing a veteran such as Sam Darnold, Ryan Tannehill or Jimmy Garoppolo in free agency, the kind of […]
Salesforce’s silly deal dies, Rubrik’s IPO, and venture capital in space
It’s going to be a big week! Tech earnings are coming up, the EV wars are on (and how!), and it feels like venture capital has its head in the clouds. All that adds up to one packed Equity episode! Today, we dug into the latest markets news, including upcoming earnings, IPOs, and what impact […]
Caitlin Clark Nike deal: Fever rookie nearing 8-figure endorsement deal & signature shoe
Caitlin Clark just did it. Days after Clark was selected first overall in the 2024 WNBA Draft, the hoops phenom is in line to sign an eight-figure endorsement deal with Nike, per The Athletic’s Shams Charania. Clark will also reportedly receive a signature shoe with the brand, placing her in elite company as a Nike […]