Pre-IPO Sector – News Update – Week of 1/14/2019:

Last week, Bird was raising an additional $300 million as an extension of its most recent funding round.

Ola's valuation increased to $5.7 billion after the company raised $75 million.

Postmates' valuation increased to $1.85 billion after the company raised $100 million.

Slack was considering a direct listing as its debut in the public market.

SpaceX fired 10% of its workforce to become a leaner company.

The news articles and links presented below are available for your reference.

BIRD

"Scooter Startup Bird is Reportedly Raising $300 Million with Assistance From Financial Giant Fidelity"

OLA

"Uber’s India Rival Ola Nears $6 Billion Valuation Ahead of Huge Funding Round"

POSTMATES

"Postmates Adds $100 Million In Funding As Food Delivery Co. Prepares For Potential IPO"

SLACK

"Slack Eyes a Direct Listing"

SPACEX

"SpaceX Layoffs Include 577 Positions at California Headquarters"