Nestle swallows Blue Bottle
Blue
Bottle Coffee, the venture-backed purveyor of highly caffeinated
gourmet beverages and beans, is selling a majority
stake to Nestle. Terms weren’t disclosed, but the deal
reportedly values Oakland-based Blue Bottle at close to $700 million, with
Nestle paying about $425 million for a 68% stake.
Google eyes $1B Lyft stake
Google has held talks to invest around $1
billion in Lyft,
according to sources, Axios reports.
If it comes to fruition, such a deal would be a remarkable move given that
Google was an early backer of rival Uber,
with which it is now embroiled in trade secret theft litigation.
A look back at the Apple
IPO
Set your time machine to 1980 for a
Crunchbase News recap of Apple’s
historic IPO. In other Apple news, we look at the widening
price spread between the most and least expensive iPhone models.
Blackbox spotlights
global startups
Founders of 13 companies from across the
globe came to Silicon Valley to join the 19th Blackbox
Connect cohort. Crunchbase compiled a list of participants here.
|
