Former employees of Revolut who worked at the startup for more than 2 years and held over $100,000 in vested stock have been invited to participate in a secondary share sale at a valuation of $45 billion. This secondary share sale, which began this summer with current employees, allows ex-workers to cash in on their stock options at the $45 billion valuation. The guidelines for the sale ensure that both current and former employees have the opportunity to benefit from Revolut’s success.
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'Serious Delays' Hit Satellite Mega-Constellations of China's Starlink Rivals
A Chinese mega-constellation of communications satellites, including the Qianfan broadband network, is significantly behind schedule, with only 90 of the planned 648 satellites launched, jeopardizing its competition with SpaceX's Starlink, which has around 8,000 satellites in orbit. Contributing to this delay is China's reliance on single-use rockets, as their current launch capabilities lag behind SpaceX's reusable technology. Want More Context? 🔎
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