Source: Databricks has told investors it is looking to raise $7B to $9B at a ~$61B valuation, to cash out employees that hold restricted stock units (Cory Weinberg/The Information)

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Cory Weinberg / The Information:
Source: Databricks has told investors it is looking to raise $7B to $9B at a ~$61B valuation, to cash out employees that hold restricted stock units  —  Good afternoon from Las Vegas, where I'm writing this newsletter from a hotel room with a Strip view of the Encore, the hotel where bankers …

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