Reuters
Adam Neumann, CEO of WeWork, speaks to guests during the TechCrunch Disrupt event in Manhattan, in New York City
It might have felt like the week of WeWork, with the coworking $4 on Tuesday. There's lots to be said about the company, and my colleague Olivia Oran $4. We'll of course have lots more in the coming weeks and months.
But WeWork wasn't the only deal story this week.
The same day WeWork filed, CBS and its sister company Viacom announced they had agreed to merge in an all-stock deal that would create a combined company with around $28 billion in revenue. Ashley Rodriguez got the skinny on what Viacom employees are $4.
She also reported that while Viacom CEO Bob Bakish's power grab during the merger has put some employees at ease, $4. And she talked to M&A experts to break down what $4.
On Wednesday, Becky Peterson broke the news that $2.4 billion scooter startup Lime is raising more money, $4. Speaking of the Japanese mega-investor, it also emerged Wednesday that SoftBank invested $110 million in a startup trying to $4.
On Thursday, the $3.2 billion cybersecurity company Cloudflare filed to go public, confirming Becky's earlier report that it was eyeing a September IPO $4.
The timing is inauspicious. Markets have been going haywire the past few weeks, and as Rosalie Chan reported, Cloudflare's China business hinges on a $4.
The same day, Jeremy Berke broke the news that buzzy cannabis-delivery startup Eaze is looking $4. And Alex Nicoll had the news that Andreessen Horowitz-backed Flyhomes $4.
To finish the week off, on Friday $3.2 billion teeth-straightening company SmileDirectClub filed to go public. Lydia Ramsey identified $4.
So much for a quiet August!
-- Matt
Quote of the week
"I learned more about healthcare in my experience in 18 months as a patient than my entire decade as an adviser." - Mariya Filipova, vice president of innovation at the health insurer Anthem, explains $4$4.
In conversation
- Christopher Competiello talked to Ken Fisher, the founder, executive chairman, and cochief investment officer of Fisher Investments, about his core strategy for beating the market, $4
- Amanda Perelli talked to Michael Bienstock, CEO of the influencer-focused wealth-management company Semaphore, $4$4.
- Alex Nicoll talked to Andrew Kitchell, Lyric cofounder and CEO, VTS cofounder Nick Romito, and Jim Underhill, CEO at Cresa, $4.
- Ben Pimentel talked to NetApp CEO George Kurian, who said the trade war won't end this year and $4
- Megan Hernbroth talked to Y Combinator CEO Michael Seibel, who said $4.
- Shana Lebowitz talked to Kathleen Hogan, HR chief at Microsoft. She described the mindset she looks for in job candidates, and explained $4.
Finance and Investing
Wall Street is as competitive as it gets, but sometimes everyone benefits from working together.
It's been only about a year since Balyasny launched its Synthesis team, but it is already cutting the "quantamental" group, which combined quant and fundamental equity-picking strategies.
As investors either $4 or hunt harder than ever for opportunities, Eric Freedman - who manages $170 billion as the chief investment officer of US Bank Wealth Management - is looking for ways to keep the ship steady.
Tech, Media, Telecoms
Google's Cloud business revamped its sales team's compensation, ratcheting up the incentives - and the pressure - to maximize sales, as CEO Thomas Kurian ripped a page out of a playbook long favored at sales-driven software companies like Oracle and SAP.
Facebook has sent a cease-and-desist letter to the creator of a controversial app that lets Instagram users track their friends' locations, in what appears to be a renewed effort to clamp down on flagrant abuses of its user-data rules.
As it $4 to take on the video-streaming market with a 2020 launch, Quibi is going on an aggressive hiring spree.
Healthcare, Retail, Transportation
$4, the family-history website, is preparing for a big move into healthcare, an area the 36-year-old firm has largely avoided.
Aubrie Krowel, who's now four, had her first seizure at eight months old. They worsened as she got older, sometimes lasting as long as an hour or two.
Uber CEO Dara Khosrowshahi held an all-hands meeting on Tuesday, and the big topic under discussion was cost cutting.