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Online Health Startup Ro Raises $200M On $1.5B Valuation

PYMNTS

The company, which began in 2017 as a way to sell hair loss supplements, has branched into a number of health apps that work to generate around $250 million per year, not counting the insurance, according to CNBC. The original Ro app was intended to alleviate men’s stigma in talking to a doctor about hair loss issues.

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Bold moves in global M&A might appear in 2023

Future CFO

While M&A value dropped dramatically in 2022, a loss of 36% in deal value, Bain’s report confirms that deal activity continues to be a central corporate strategy for growth and profitability. The largest drops came among deals for Technology and Healthcare & Life Sciences assets, the firm pointed out.

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Uber’s IPO: Pricey And Dicey Or Poised For Liftoff?

PYMNTS

Last year, noted the WSJ , the valuation had been rumored to be $120 billion, if and when the ride-hailing giant came to market. Losses, though, are losses across that model, evidenced by the latest showings for Lyft, which logged $1.1 Previously, Uber had had a pricing range of $48 to $55.

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PYMNTS Daily Data Dive: Prosper Marketplace’s Precarious Path Forward

PYMNTS

Prosper is one of several online-based marketplace lenders suffering from falling profits as investor interest in buying consumer loans is softening. billion | Prosper’s valuation as of its last funding run in 2015, when it raised $165 million from Credit Suisse Group AG , J.P. The firm also racked up $26 million in losses.

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Why Banks Withhold Cards From Startups ? Even With VC Funding

PYMNTS

In the first quarter of this year, KPMG said in a recent report that there were five $1 billion-plus mega-venture capital rounds, and analysts say venture capitalists (VCs) are diversifying their investment targets as emerging focuses, from artificial intelligence (AI) to healthcare, build excitement.

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Transcript: Michael Fisch

Barry Ritholtz

We hope that we can invest behind and see stability so that there won’t be a loss of capital 00:28:00 [Speaker Changed] And, and above average GDP 00:28:02 [Speaker Changed] Growth. How, how are the higher rates affecting valuations amongst private companies? The auditors look at those valuations.

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Transcript: Mathieu Chabran

Barry Ritholtz

And so we go back to the basics of what our job should be, risk underwriting, risk assessment, asset prices are different from asset valuation. I mean the valuation is the future cash flow discounted at a risk-free rate plus a risk premium. RITHOLTZ: So let’s talk a little bit about valuations relative to risk and reward.