Pre-IPO Sector – News Update – Week of 1/28/2019

Last week, 23andMe received FDA approval for its genetic cancer test.

Airbnb acquired Gaest, a company that assists professionals in renting locations for meetings, to expand its presence in the business market.

Buzzfeed laid off 15% of its workforce in an effort to restructure and consolidate its business.

SpaceX completed its first test flight of its manned Dragon prototype.

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

23ANDME

“23andMe Has a New Genetic Cancer Test. But the Results Don't Tell You the Whole Story”

AIRBNB

“Airbnb Expands into Meeting-space Rentals after Snapping up Danish Startup"

BUZZFEED

"BuzzFeed to Cut 15% of Staff in New Round of Layoffs"

SPACEX

“SpaceX Revs Its Engines As It Gets Closer To Crewed Flight”