Online business valuation startup signs contract with TD Bank

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BizEquity, a Wayne-based fintech startup that offers online business valuation services, has landed its first top 10 U.S. bank client. TD Bank (NYSE: TD) of Cherry Hill said it has signed a contract to offer the valuation tool free of … Read More

BitSight, a provider of security ratings, raises $60M at a valuation of around $600M

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As the tech world continues to grapple with how best to deal with the growing issue of malicious hacking and other security breaches, a startup that has developed a ratings system to track how well businesses are faring has raised … Read More

Uber’s biggest rival has raised new funding and doubled in valuation to $15 billion

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Ride-hailing firm Lyft announced that it raised $600 million (£459 million) in funding and that its valuation has shot up to $15.1 billion (£11.6 billion). In April 2017 Lyft was valued at $7.5 billion (£5.7 billion), meaning the company has more … Read More

CPAs object to AICPA offering ABV credential to non-CPAs

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A group of CPAs has written an open letter to the American Institute of CPAs expressing opposition to the AICPA’s move to open up its Accredited in Business Valuation credential to non-CPAs. The letter, posted Monday, complained that CPAs had little warning … Read More

Meditation app Calm hits a $250M valuation amid an explosion of interest in mindfulness apps

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Just a few years ago, it might have been a bit of a challenge to convince investors that a mindfulness app would end up being a big business — but thanks to an increasing focus on mental health from both … Read More

Elon Musk’s Boring Company could be worth $16B after Chicago-O’Hare tunnel

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The Boring Company might have started as a lighthearted jest from Elon Musk’s Twitter sessions, but the tunneling startup is now tackling a very serious project. Just last week, it was selected as Chicago’s contractor for its upcoming high-speed downtown-O’Hare … Read More

Growing inorganically: The Secret to a successful M&A valuation

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Every company, big or small, aspires to grow even bigger. Growth can have many facets to it. It can be in the form of adding new products, or customers or geographies which ultimately leads to increasing the topline or the … Read More