Equity Monday: IPO delays and mega-deals kickstart the week
This morning we had a lot to get through, so here are the headlines: Stocks are set to rise as the COVID-19 vaccine is initially rolled out. Vista Equity Partners will purchase Pluralsight for $3.5 billion. Good news for edtech? Kinda. Reddit is buying Dubsmash, causing us to ask just what the message board unicorn is building. EA is buying Codemasters. Appboxo has raised $1.1 million, IntellectoKids has raised $3 million, and Cledara has raised $3.4 million. We were also in love with this startup's funding news. And, finally, in light of the Roblox IPO delay, we wonder who else might be on track to cut loose their 2020 plans for an early 2021 re-jigger. Not that such a delay is really that bad, but with 2021 expected to be a hot year for debuts, kicking off with delays and pricing worries would be a real bummer. We didn't get to the Google story or the huge hack news. So, there's more to read if you are so inclined. And that is the show! Hugs and good vibes from the Equity crew!