There’s a feeling of schadenfreude in Silicon Valley when a unicorn stumbles. So when the WSJ broke the news Thursday afternoon that Capital One will acquire Brex for $5.15 billion in cash and stock … [+6191 chars]
Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank - TechCrunch
Before everyone sharpens their knives, consider that for the VCs who backed Brex at its outset, the sale is a triumph.
By:Connie Loizos
Source:TechCrunch
Published:
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