Companies

Looking Past The Pandemic: ESOPs, Employee-Ownership Companies Set To Outperform In Anticipated 2021 Recovery

1 day ago | By Forbes

While the U.S. economy may take a bumpy ride in 2021, ESOPs and companies with significant employee ownership are likely to fare better than other companies because they have performed better during the pandemic.
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Fintech startup Plaid has a slew of investors who won't get paydays now that Visa's $5.3 billion deal is off. And they say they're happy about it

1 day ago | By Business Insider

Summary List Placement Things have not gone according to plan for fintech startup Plaid. But its investors now say that may be for the best.
In January, Visa agreed to purchase the fintech unicorn for $5.3 billion, giving Plaid's backers a sweet return on their investment - roughly seven years after the company raised its first round of venture capital.
But the deal fell apart on Tuesday, after regulators refused to approve it and instead sued to stop it, saying it was anti-competitive. In the face of that, both parties agreed to walk, they said in a statement .
That's the official story...
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Here are the 26 hottest cannabis startups that are set to take off in 2021, according to top investors

1 day ago | By Business Insider

Summary List Placement If 2020 was the year for cannabis startups to tighten their belts and focus on weathering the pandemic, then 2021 is set to be a boon for companies that have emerged mostly unscathed, investors told Business Insider.
We asked top private equity and venture investors in the cannabis industry to name the startups they believe are poised for major growth this year. The startups that made our list range from dispensaries and cultivation chains like Ascend Wellness Holdings, to cannabis software firms like Dutchie, to companies working on biosynthesis and agricultural...
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