MediaMath Founder Joe Zawadzki launches 'Project Phoenix' to buy back bankrupt company

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

MediaMath founder Joe Zawadzki's 'Project Phoenix' looks to raise at least $10 million to help buy back the bankrupt adtech company

"Project Phoenix" is seeking to raise at least $10 million in a SAFE financing.MediaMath founder and former CEO Joe Zawadzki is pressing ahead with hisby forming a syndicate of investors that is calling itself"Project Phoenix," according to people familiar with the matter.

Project Phoenix, registered as Phoenix Project Acquisition Inc., is raising the investment with a"post-money valuation cap" of $20 million — the maximum price at which investors can convert their SAFE investment notes into equity.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 729. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares