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Growth capital investor Crescent Cove Advisors has reached a $446m final close for its oversubscribed fourth fund.
The post Growth tech investor Crescent Cove collects $446m for oversubscribed Fund IV appeared first on AltAssets Private Equity News.
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Stop using AI for $20 tasks — use it to make $500 decisions (not for content, for growth)
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As valuations in major sports leagues like the NFL have surged, institutional investors have turned to smaller, fast-growing sports.
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The fast-food chain Taco Bell beat Wall Street expectations while its parent company, Yum! Brands, explores selling Pizza Hut.
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Chat-based collaboration software is a must-have in today's business environment, with Slack and Microsoft Teams the two leading options for the enterprise. The stakes couldn't be higher — the pandemic made clear that remote work and collaboration are the future of business.
Slack, which went public back in 2019, was bought by enterprise software giant Salesforce in July 2021 for $27.7 billion. Until the acquisition, it wasn't clear that Slack could survive against behemoth Microsoft, which has a gazillion revenue streams to rely upon and is giving Teams away for free in most Office 365 and Microsoft 365 plans. But now that Slack has sugar daddy Salesforce behind it, with a valuation north of $200 billion and annual income of more than $20 billion, it can better compete.
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