Seat at the Table
WRITTEN BY Wes Schlagenhauf
GEO drops their CEO
It’s still uncool to stay in school: Applications to MBA programs fell 7% this year
MBA applications in the US fell 7% in 2018, marking declines in the once flooded application process for a fourth consecutive year.
Husky Energy offers to buy MEG Energy for $4.9B USD
Husky Energy made a hostile bid for MEG Energy that sets up a Chinese battle for Canada’s oil sands.
SE-C ya later
Private Chinese social media giant, ByteDance, aims at $75B valuation
ByteDance eyes a $3B funding round that would give the private media company in China a $75B valuation.
Elon Musk resigns, pays $20m fine in settlement with SEC
Musk and the SEC reached a settlement over the weekend that forces the founder to cough up $20m in fines and resign as the executive chairman of Tesla for the next 3 years.
Paywalls aren’t funny: CollegeHumor is the latest company to try a subscription service
CollegeHumor is the latest media company to switch to a subscription platform amid advertising-related restrictions from platforms like YouTube and many others.
a gig: Cargo, an app that puts goodie boxes in Ubers, raises $22m
In-commerce company, Cargo just raised $22m only a few months after becoming Uber’s exclusive in-commerce company.
Holy mobile-payments: Stripe is now worth $20B
Stripe is now worth $20B after raising $245m to finance international expansion, and help create the infrastructure to better house its new client-giants like Uber and Alphabet.
Get pumped: Digital health platform raises $27m, launches new breast milk delivery service
Maven Clinic has raised $27m to launch a nationwide breast milk delivery service to working moms.