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  • Arm prices IPO at $51/share, Starlink generated $1.4B in revenue in 2022

Arm prices IPO at $51/share, Starlink generated $1.4B in revenue in 2022

Arm priced its IPO at $51/share and will raise $4.87B at a fully diluted valuation of $54.5B in what will be 2023’s largest IPO to date - Link

WSJ sources: Starlink generated $1.4B in revenue last year, up more than 6x from $222M in 2021 - Link

Kin Insurance, a Chicago-based home insurtech startup, raised a $33M Series D extension at a valuation north of $1B - Link

VideoAmp, a startup that directly competes with Nielsen by offering tools to measure audience and ads, raised a $150M Series G from Vista Credit Partners at a $1.4B valuation - Link

.Tech Domains has a new program called startups.tech, where you can get your startup featured on This Week in Startups. Go to startups.tech/jason to find out how!

Zeke Faux, the author of “Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall,” joins Jason to discuss how SBF learned to play the game (3:58), red flags at Tether (26:13), and so much more! - Link

Treasury4, a Spokane, Washington-based startup building data software for financial risk management operations, raised a $20M Series A led by WestCap - Link

Unity has announced a change in its fee structure to match the Unreal Engine, charging based on installs and subscription tier, starting on Jan 1, 2024 - Link

OneCoin Co-Founder Karl Greenwood has been sentenced to 20 years in prison and ordered to pay $300M after pleading guilty to wire fraud and money laundering - Link

Binance.US CEO Brian Shroder has left the company as part of a larger round of layoffs - Link

This Week in Startups