Remove .Net Remove 2020 Remove Internet Remove Licensing
article thumbnail

Gogo sells commercial in-flight internet business to bankrupt satellite provider

The Verge

Gogo, the in-flight internet provider, has found a buyer for its commercial airline business. The FCC is clearing out the C-band (4-8 GHz) to make space for 5G customers, and Intelsat is participating in the program that could net the company nearly $5 billion by selling airwave licenses it currently owns.

article thumbnail

IPO, acquisitions and now a Super Bowl ad, Seattle’s Porch caps a high-profile stretch

GeekWire

Porch went public at the end of 2020 , raising more than $322 million through a merger with PropTech Acquisition Corp., The 30-second spot, with a reported price tag of $5.5 million this year, aired right after the game ended and was a rapid-fire display of the various ways people can love their homes using Porch’s home services tech.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Seattle’s Porch marks new era as public company with first Super Bowl ad touting home services tech

GeekWire

Porch went public at the end of 2020 , raising more than $322 million through a merger with PropTech Acquisition Corp., National ads that ran during the game were reportedly priced at $5.5 million for 30-second units. Porch’s ad ran in the extended Seattle area and was much less expensive.

Company 60
article thumbnail

Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

GeekWire

on Tuesday morning, its biggest deal since going public at the end of 2020. Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Porch cut its net loss in half in 2020, to $51.6 million in 2020, from $77.6 Its revenue fell to $73.2 million in 2019.

article thumbnail

Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

GeekWire

Porch also disclosed its preliminary financial results for 2020, saying that it expects a net loss between $53 and $55 million for the year, about $20 million further into the red than previously projected in its public filings. Porch detailed the financial impact of its latest acquisitions in a presentation to investors.

article thumbnail

Porch makes stock market debut, raising $322M to fuel its ambitions in home services technology

GeekWire

— Matt Ehrlichman (@mattehrlichman) December 22, 2020. Porch is the fifth company from Washington state to go public in 2020, joining marketing company ZoomInfo; biotech companies Silverback Therapeutics and Athira Pharma; and health technology company Accolade. It posted a net loss of $103 million last year on revenue of $77.6

article thumbnail

Amazon Music will offer My Favorite Murder episodes a week early

The Verge

My trip through California had me disconnecting from the internet, spotting Michael Keaton at a Santa Barbara restaurant inside a furniture store, and, naturally, ending up in multiple conversations about Joe Rogan. billion in the same period in 2020.” Exactly Right Media. Hello, hello. Welcome to the week from sunny Los Angeles.