#pincus

Reid Hoffman, Zynga’s Mark Pincus aim to raise $600M for tech-focused SPAC – TechCrunch

Reinvent Technology Partners, a new special purpose acquisition company formed by famed investor and serial entrepreneur Reid Hoffman, Zynga founder Mark Pincus and veteran hedge fund manager Michael Thompson, filed Monday for a $600 million initial public offering.

The SPAC was formed by Hoffman, Pincus and Thompson, formerly of BHR Capital, with the intention of merging with a technology…

Reid Hoffman and Mark Pincus launch a $ 600 million SPAC 2020

Reid Hoffman and Mark Pincus, two of Silicon Valley's best-known founders and investors, have partnered to raise $ 600 million from the public for a new "blank check" purpose venture.

The new SPAC is called Reinvent technology partners and its scope is wide and it is looking for a unicorn startup to invest in. He pointed out how many of them there were in the US and how few of them went public.

China’s cooling, debt-laden belongings marketplace is attracting international traders, with U.S. private-equity company Warburg Pincus and a Chinese spouse pronouncing a plan to plow $1 billion into distressed homes. Warburg Pincus and Hande Group, a Beijing-based investment company, mentioned Wednesday they want to achieve homes sitting in the facilities of China’s megacities and the debt…