Sources say Vista Equity Partners spent nearly $100 million to buy 7Park, which has beefed up its sales team to sell clients tools instead of reports.
January 09, 2020   |   View Online »
 
PE shop Vista Equity Partners paid $100 million for 7Park to get in on the alt-data craze. Insiders told us how it's trying to juice business in an industry that's showing cracks.

PE shop Vista Equity Partners paid $100 million for 7Park to get in on the alt-data craze. Insiders told us how it's trying to juice business in an industry that's showing cracks.

Dan DeFrancesco,Bradley Saacks | Sources say Vista Equity Partners spent nearly $100 million to buy 7Park, which has beefed up its sales team to sell clients tools instead of reports.

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Goldman Sachs lost at least 36 partners last year. Here's a list of all the names we know — and it shows a securities-division exodus.

Goldman Sachs lost at least 36 partners last year. Here's a list of all the names we know — and it shows a securities-division exodus.

Dakin Campbell | Since becoming CEO in October 2018, David Solomon has turned a sharp eye to Goldman's trading division.

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Wells Fargo is advertising more tech jobs and fewer risk and compliance roles — hinting it could finally be spending less on cleaning up after its sales-practices scandal

Wells Fargo is advertising more tech jobs and fewer risk and compliance roles — hinting it could finally be spending less on cleaning up after its sales-practices scandal

Rebecca Ungarino | Jefferies analysts examined Wells Fargo's job listings as part of a sweeping report on costs — which the bank has been trying for years to rein in.

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Wealth startup YieldStreet just nabbed backing from Citi and inked a deal to sell billions in private credit and structured products to the mass affluent crowd

Wealth startup YieldStreet just nabbed backing from Citi and inked a deal to sell billions in private credit and structured products to the mass affluent crowd

Rebecca Ungarino | The deal, the financial terms of which were not disclosed, underscores young fintechs' ambitions to open up complex investments to Main Street.

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BlackRock's flagship hedge fund Obsidian returns more than 13% in 2019 after stumbling in August

BlackRock's flagship hedge fund Obsidian returns more than 13% in 2019 after stumbling in August

Bradley Saacks | The fund, which runs around $1.7 billion, invests in rates, mortgages, and corporate credit, and is run by Stuart Spodek.

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A construction tech startup is launching a Glassdoor-like service for general contractors to show who pays on time

A construction tech startup is launching a Glassdoor-like service for general contractors to show who pays on time

Alex Nicoll | Levelset, a construction-focused startup that assists in processing payments for contractors, is part of a hot corner of real estate tech.

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Take the Business Insider Prime 2020 survey for a chance to win a free year of access

Take the Business Insider Prime 2020 survey for a chance to win a free year of access

Business Insider | Help us create a better BI Prime by participating in a brief online survey. 50 participants will win a year of free access.

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Netflix insiders describe how movie boss Scott Stuber made Hollywood stop worrying and love the streaming giant

Netflix insiders describe how movie boss Scott Stuber made Hollywood stop worrying and love the streaming giant

Jason Guerrasio,Ashley Rodriguez | With competition like Disney Plus and Apple TV Plus at Netflix's doorstep, this executive is bridging the gap between Netflix and the movie business.

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Zume, the SoftBank-backed robotic pizza startup, just lost a third of its executive team amid company-wide layoffs

Zume, the SoftBank-backed robotic pizza startup, just lost a third of its executive team amid company-wide layoffs

Megan Hernbroth | The startup also announced it was closing its San Francisco and Seattle offices and terminating 360 employees on Wednesday.

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The CTO of LinkedIn explains how and why it's making the massive shift to Microsoft's cloud, three years after the $26.2 billion acquisition

The CTO of LinkedIn explains how and why it's making the massive shift to Microsoft's cloud, three years after the $26.2 billion acquisition

Rosalie Chan | LinkedIn CTO Raghu Hiremagalur explains why it's moving to Azure after three years under Microsoft's fold. It plans to go all-in on Microsoft's cloud.

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