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Let's check in with Stripe and Airbnb. : Why be a unicorn when you can be a decacorn instead? (What’s a decacorn? A company with a valuation of more than $10 billion, of course.) 🦄 STRIPE 🦄: Payment processing company Stripe announced earlier this month that it was expanding into lending and credit. Now, it’s got more news. Stripe is raising a whopping $250 million in funding at a $35 billion valuation. Investors include Andreessen Horowitz, Sequoia Capital, and General ... Full investment news article
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Y Combinator, Ginkgo Bioworks Partner For Synthetic Biology Startups
This week, the startup hub Y Combinator and the $4.8 billion company Ginkgo Bioworks unveiled a new partnership aimed at giving startups access to tools to make materials from living things. Ginkgo was Y Combinator's first biology investment and its first investment outside of traditional tech. The new deal gives startups that build with biology, otherwise known as synthetic biology startups, access to Ginkgo's manufacturing platform. In exchange, Ginkgo gets equity in the companies. Ginkgo expects them to work on ... Full investment news article
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