BI PRIME: In April this year, Forbes reported that the company's private valuation was $1 billion — meaning that Plaid, which counts 10,000 banks as its customers, has doubled its valuation in less than six months.
InVision is a 7-year-old software company that has no physical headquarters, and its employees work everywhere from Nigeria to Argentina. "It's about results, not where your IP address is," says InVision's chief people officer, Mark Frein.
BI PRIME: Social Capital founder Chamath Palihapitiya dismissed several of his partners and staffers on the same day he announced plans to convert from a venture capital firm to a 'tech holding company.'
Zoë Bernard6 members of social capital were let go on Thursday
BI PRIME: "The future of our technology will be centered in China, in the same way that everything we buy is manufactured there," Mike Jaconi, the CEO and founder of the mobile commerce company Button, said.
BI PRIME: Bryan Johnson, who sold his company Braintree to PayPal for $800 million in 2013, has created OS Fund to invest in "deep tech" companies centered on science and technology. Already, he's helped build four companies valued at $1 billion or...