Premature fundraising often leads to premature scaling — one of the leading causes of startup failure.
The valuation represents a 31% increase from the $6.1 billion valuation the 13-year-old company achieved in April of last year, when it raised a $575 million round led by Franklin Templeton for partly the same purpose: purchasing shares from employees, including to help them cover the taxes associated with converting expiring restricted stock units (RSUs, a form of equity compensation) into shares.
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There's strong British representation on this year's list - Billy Idol, Iron Maiden, Joy Division/New Order and Sade are all up for induction at the second or third attempts.
Safety advisers called for changes to "high risk" plansThe Artemis overhaul was announced two days after the release of a report by the lAerospace Safety Advisory Panel that said the original plan to move directly from Artemis II to a lunar touchdown in 2028 using a SpaceX lander did not have the proper margin of safety and did not appear to be realistically achievable.
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A pottery head detached from a Roman vessel
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