Business

Plus: Crypto's lobbying ramp-up | Saturday, October 30, 2021   Open in app View in browser   Presented By S&P Global   Axios Pro Rata By Kia Kokalitcheva · Oct 30, 2021 🎃Welcome to Halloween weekend. Feel free to send me tips or comments by replying to this email or on Twitter @imkialikethecar . Playing on my Spotify: Stromae's "Santé" and Barbra Streisand's "Woman In Love." Today's Smart Brevity™ count is 879 words ... 3 minutes.     1 big thing: How Congress could bring big changes to U.S. deal-making Photo illustration: Sarah Grillo/Axios. Photo: Tom Brenner/Bloomberg via Getty Image   The "Build Back Better" reconciliation bill being negotiated in Congress — narrowed by President Biden's last-minute " framework "— has the potential to make big ch...

Plus, absolutely no coverage of Facebook/Meta. | Friday, October 29, 2021   Open in app View in browser   Presented By Forge Global   Axios Pro Rata By Dan Primack · Oct 29, 2021     Top of the Morning Illustration: Aïda Amer/Axios   One-click checkout company Bolt Financial made headlines earlier this month by announcing new funding at around a $6 billion valuation. Now it's already back in market with a deal that could nearly double that price, Axios has learned from several sources. Why it matters: This is emblematic of how the growth equity market is a sea of easy cash, in which investors don't worry much about what happens if the tide goes out. For startups, it's about striking while the swimmers are still naked. The ask: San Francisco-based Bolt is seeking to raise $777 million in Series E fundin...