CCC's solutions and big data insights are delivered through the CCC ONE® platform to a vibrant network of 300+ insurance companies, 25,000+ repair facilities, OEMs, hundreds of parts suppliers, and dozens of third-party data and service providers. $DGNR
Consumer Use of Digital Claims Tools Has Been on the Rise $DGNR
- $750m raised
- Led by Daniel Och (Willoughby Capital) & Fuhrman (GS)
- Board: Kevin Systrom (Instagram), Anne Wojcicki (23andMe), Jim McKelvey (Square), & Steve Ellis (Chipotle)
- Targeting internet/software/fintech
Thread ⬇️🧵
$AJAX CEO: Dan Och
- Founder of Willoughby Capital
- Multibillion $$ portfolio focused on growth companies in the internet, software, fintech sectors
- Investments include Brex, Capsule, Coinbase, Coupang, Github, Instacart, Robinhood, Strike, Talkdesk, Transferwise, Wish & more
$AJAX President/Director: Glenn Fuhrman
- Ex-Goldman MD and ex co-founder of MSD Capital, the private investment firm of Michael Dell (Dell Tech)
- Oversaw increase in assets from $400m to $2bn
- Investments included PVH Corp and Dine Brands Global
$CCIV/@LucidMotors one more piece of detective work.
The Lucid rumor was leaked from Saudi Arabia.
The two non-US Bloomberg reporters (Dinesh & Matthew) weren't involved in any prior SPAC-related news.
They cover all Saudi/PIF related news and are always spot on.
Thread ⬇️🧵
Matthew Martin is based in the United Arab Emirates and is the lead Bloomberg reporter since 2013. He's responsible for covering the energy industry and finance in Saudi Arabia, and the Middle East. $CCIV
Almost every story from Matthew on Bloomberg is Saudi energy, PIF, investment, business related.
All stories that were originally rumors were confirmed afterwards.
Feb 2020: Pershing Square bought $27m to hedge a potential market decline due to COVID.
March 18, 2020: Ackman goes on CNBC (NO DISCLOSURE OF HIS SHORT POSITION) and starts crying that the American economy is done and hell is coming.
Turns out that Ackman was actively buying discounted equity stakes in the very companies he was warning could fail.
His interview triggered circuit breakers and the Dow fell more than 2,000 points .
While people around the world have been watching their savings shrivel, and 3 million Americans lost their jobs last week alone, Ackman made $2.6bn (10,000% gain) in less than a month.
🚨 Why $RTP/Reinvent Tech Partners is my largest pre-target SPAC holding!
- Led by Reid Hoffman & Mark Pincus
- Prolific VCs & serial entrepreneurs
- $690 million raised
- Targeting tech sector (AI, autonomous driving, gaming focus)
*Current Price: $11.90
Time for a thread! ⬇️
$RTP S1:
"Invention is when a company builds a new product in an adjacent market, such as Amazon developing AWS. Reinvention is when a company has to adapt its core products to continue growing in an existing market, as Netflix did moving from DVDs to streaming."
Who is Reid Hoffman?
- One of Silicon Valley’s most prolific angel investors
- Co-founder of LinkedIn & PayPal
- Microsoft board member
- Early top exec of PayPal
- Early investor in Facebook, Airbnb, Discord, Dropbox, Coinbase, Instagram