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Seattle marketing company Banzai goes public, rings opening bell at Nasdaq following SPAC deal

GeekWire

Founded in 2016, Banzai announced a year ago that it planned to go public by merging with a SPAC group led by 7GC Holdings , a partnership between San Francisco-based tech investment firm 7GC and SPAC sponsor Hennessy Capital. Banzai provides marketing tools to help companies run webinars, virtual events, and more.

Company 105
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Seattle startup Banzai to go public via SPAC and acquire marketing tech company Hyros

GeekWire

Founded in 2016 by former Avalara employees, Banzai originally started as an on-demand inside sales and marketing platform. Then it pivoted again as the pandemic hit, focusing on its virtual events marketing solution. ” An investor presentation for the deal shows that Banzai posted a net loss of $8.5

Company 116
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Fast-growing and profitable social casino game maker DoubleDown Interactive files for IPO

GeekWire

million in revenue and net income of $36.3 DoubleDown also turned a profit in 2018, reporting net income of $25.1 The plaintiffs are seeking a recovery of all money lost playing DoubleDown games, arguing that the game play and virtual chips constitutes a form of gambling. It attracted 2.9 Underwriters on the deal include J.P.

Social 91
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Expedia CEO says maybe the metaverse emerges in 100 years, predicts more interest in the ‘real-verse’

GeekWire

” But Kern said the metaverse — the idea that individuals using virtual reality headsets can be transported to different virtual places — will not upend your next family vacation. ” Expedia reported strong earnings on Thursday, posting fourth quarter net income of $276 million on revenue of $2.3

Travel 107
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Vizio files to go public, has sold over 80 million TVs

The Verge

Later in the filing, Vizio says: While we generate the significant majority of our total net revenue from sales of our Smart TVs and sound bars, our Platform+ net revenue has grown 304.4 Vizio tried to reinvent the TV experience in 2016 but has pulled back on some of those experiments. percent from $36.4 million in 2018 to $147.2

Sports 91
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Amazon employee groups expect nearly 2,000 workers to participate in walkout

GeekWire

“The outside world can push you into Day 2 if you won’t or can’t embrace powerful trends quickly,” Bezos wrote in his 2016 letter to shareholders. .” “Day 1” is a reference to a mantra touted by Amazon founder Jeff Bezos, who stepped down as CEO in 2021 but remains chairman. Embrace them and you have a tailwind.”

Groups 138
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Telefonica is working to help enterprises decarbonize their operations

CIO Business Intelligence

degrees Celsius, and our executive committee approved the goal of achieving net zero emissions by 2040 across Telefonica’s entire value chain,” says Ribaya. Since 2016, we have reduced all our emissions by 51%, and in our primary markets, 100% of the electricity we consume comes from renewable sources.