Tag: 100m

Mark Zuckerberg donates $100M more to help election offices

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FILE- In this Sept. 20, 2016, file photo, Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, smile as they prepare for a speech in San Francisco. Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, on Tuesday, Oct. 13, 2020, donated an additional $100 million to helping local election offices prepare for November even as some conservatives are stepping up their efforts to stop the funds from being used.

AP

Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, on Tuesday donated an additional $100 million to helping local election offices prepare for November even as some conservatives are stepping up their efforts to stop the funds from being used.

The contribution brings the total funding for the election from Zuckerberg and Chan to $400 million — the same amount that Congress allocated in March to help fund election offices as they dealt with the difficulties

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GoodRx offers founders $500M, nets $100M investment from Silver Lake, and makes quiet acquisition before IPO

GoodRx is a rare breed of modern tech IPO: a startup that is actually profitable and heading to the public markets. The consumer service offers coupons on prescriptions redeemable at pharmacies that can save customers significant money on their monthly drug prices.

The company filed an amended S-1 with the SEC this morning, and that included three pieces of news that hadn’t previously been reported.

First and most significantly, the company notes in its filing that it is offering its two co-founders, Douglas Hirsch and Trevor Bezdek, approximately 25 million shares of stock, at what the company placed as a fair-market value of $533.3 million. That stock has both a time-based component and a performance-based component, and is designed to incentivize the duo to commit to the company for the long term.

Unlike most startups exiting these days, the two founders hold very little ownership of their company, with both

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Boston startup Biofourmis raises $100m for remote medical tech

Biofourmis, a Boston startup that makes technology to remotely monitor patients with chronic conditions and dangerous diagnoses, announced Thursday that it has taken in $100 million in new investment to help it advance products in the fields of cardiology, respiratory, oncology, and pain management.

The company, which moved to downtown Boston from Singapore last year, uses wearable sensors to understand patients’ vital signs and help doctors make decisions about their care from afar. This year, Biofourmis has also joined the battle against COVID-19, creating a system that uses artificial intelligence software to look for early signs of the viral illness.

Biofourmis CEO Kuldeep Singh Rajput said in an interview that the pandemic has helped show the value of remote monitoring technologies — not just for combating the coronavirus, but for other conditions that are generally evaluated through in-person visits. With many medical visits canceled or delayed to limit the spread

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