Hypertonx

$U is in play Reuters: "EXCLUSIVE Silver Lake, PIF have held recent talks to buy gaming software provider Unity, sources say By Milana Vinn, Akash Sriram and Echo Wang November 5, 20264:02 PM MST Valuation of $25 billion was discussed in recent weeks, people familiar say Unity working with investment bank to evaluate options after approach, people familiar say Unity posted first GAAP quarterly profit since its 2020 listing NEW YORK, Nov 5 (Reuters) - Gaming software provider Unity Software (U.N), opens new tab has held recent talks to be acquired by a consortium of investors ‌including private equity firm Silver Lake Partners and Saudi Arabia’s sovereign wealth fund PIF, according to people familiar with the matter, as consolidation in the video game industry continues. The deal would mark another big gaming bet for Silver Lake and Public Investment Fund, which were part of the consortium that took Electronic ​Arts, maker of “EA Sports FC,” private in a $55 billion deal that closed in August. Silver Lake, which owns about 8% of ​Unity, and PIF approached the company in recent weeks, the people said, asking not to be identified ⁠because the discussions are confidential. The buyer consortium discussed a valuation of about $25 billion before Unity's latest earnings report, which lifted its market ​capitalization to roughly $21.5 billion. Its shares were up about 4% in extended trading after the Reuters report. Unity has been working with an investment ​bank to evaluate its options following the approach, the people said. No deal is certain, and the plan and terms may still change, they added. Unity declined to comment. Silver Lake and PIF did not immediately respond to requests for comment. A deal would take private one of the largest providers of software ​tools used to create video games and other real-time 3D applications. It would rank among the biggest leveraged buyouts in the software ​sector in recent years. SILVER LAKE, PIF TIES TO GAMING Silver Lake and PIF have partnered on major gaming deals before. The EA take-private, which also included ‌Affinity Partners, ⁠was among the largest leveraged buyouts ever. Unity’s game engine and developer tools are already used by Scopely, the developer behind “Monopoly Go!,” and Niantic, the creator of “Pokemon Go.” Both are owned by a group that includes PIF, Silver Lake and Affinity Partners. Silver Lake, one of the world’s largest technology-focused private equity firms, has a long-standing relationship with Unity. It invested up to $400 million in the company in 2017 ​and remains among its largest shareholders. Silver ​Lake’s Egon Durban also sits ⁠on Unity’s board, a dual role that would typically lead him to recuse himself from board deliberations on a sale. Unity on Thursday reported third-quarter results that beat Wall Street estimates, helped by strong growth ​in its advertising and game-development businesses. Revenue rose 32% to $622.1 million, and adjusted earnings were 44 ​cents per share. Strong ⁠growth in Unity’s AI-powered Vector advertising platform helped it post its first quarterly profit on a GAAP basis since going public in September 2020. San Francisco-based Unity makes the software engine behind thousands of mobile, console and PC games, and its technology is increasingly used in automotive design, ⁠filmmaking, architecture ​and industrial simulation. Its platform lets developers create and run interactive 3D content across ​multiple devices and operating systems. Founded in Denmark in 2004, Unity since going public has expanded beyond its core game engine business into advertising technology and broader real-time ​3D software."

Anthropic is now looking at raising $90 billion in their IPO, and it is massively oversubscribed. There will be a livestreamed event with Dario Amodei on Friday.

Fun Fact: Basically none of the initial railroad companies made money. They overbuilt, took on way too much debt, and ended up in brutal pricing competition with each other, and nearly all went bankrupt.

To be clear, I still think it is still a mistake to hike, and definitely a mistake to hike 50 bps in December. What that mistake means is that the Fed will have to cut sharply in 2H 2027,

I think $ANT still IPOs It's their ethos to go - they cannot really, in good conscious, not IPO They are a PBC - they believe they should be public and, imo, they will IPO

BREAKING: Kalshi sued or criminally charged by 12 states for running illegal gambling

“So the difference is we will have laws to protect Texans and we need to stop what we’re doing with data centers until we have those protections.” This doesn’t sound bullish.

$U is in play Reuters: "EXCLUSIVE Silver Lake, PIF have held recent talks to buy gaming software provider Unity, sources say By Milana Vinn, Akash Sriram and Echo Wang November 5, 20264:02 PM MST Valuation of $25 billion was discussed in recent weeks, people familiar say Unity working with investment bank to evaluate options after approach, people familiar say Unity posted first GAAP quarterly profit since its 2020 listing NEW YORK, Nov 5 (Reuters) - Gaming software provider Unity Software (U.N), opens new tab has held recent talks to be acquired by a consortium of investors ‌including private equity firm Silver Lake Partners and Saudi Arabia’s sovereign wealth fund PIF, according to people familiar with the matter, as consolidation in the video game industry continues. The deal would mark another big gaming bet for Silver Lake and Public Investment Fund, which were part of the consortium that took Electronic ​Arts, maker of “EA Sports FC,” private in a $55 billion deal that closed in August. Silver Lake, which owns about 8% of ​Unity, and PIF approached the company in recent weeks, the people said, asking not to be identified ⁠because the discussions are confidential. The buyer consortium discussed a valuation of about $25 billion before Unity's latest earnings report, which lifted its market ​capitalization to roughly $21.5 billion. Its shares were up about 4% in extended trading after the Reuters report. Unity has been working with an investment ​bank to evaluate its options following the approach, the people said. No deal is certain, and the plan and terms may still change, they added. Unity declined to comment. Silver Lake and PIF did not immediately respond to requests for comment. A deal would take private one of the largest providers of software ​tools used to create video games and other real-time 3D applications. It would rank among the biggest leveraged buyouts in the software ​sector in recent years. SILVER LAKE, PIF TIES TO GAMING Silver Lake and PIF have partnered on major gaming deals before. The EA take-private, which also included ‌Affinity Partners, ⁠was among the largest leveraged buyouts ever. Unity’s game engine and developer tools are already used by Scopely, the developer behind “Monopoly Go!,” and Niantic, the creator of “Pokemon Go.” Both are owned by a group that includes PIF, Silver Lake and Affinity Partners. Silver Lake, one of the world’s largest technology-focused private equity firms, has a long-standing relationship with Unity. It invested up to $400 million in the company in 2017 ​and remains among its largest shareholders. Silver ​Lake’s Egon Durban also sits ⁠on Unity’s board, a dual role that would typically lead him to recuse himself from board deliberations on a sale. Unity on Thursday reported third-quarter results that beat Wall Street estimates, helped by strong growth ​in its advertising and game-development businesses. Revenue rose 32% to $622.1 million, and adjusted earnings were 44 ​cents per share. Strong ⁠growth in Unity’s AI-powered Vector advertising platform helped it post its first quarterly profit on a GAAP basis since going public in September 2020. San Francisco-based Unity makes the software engine behind thousands of mobile, console and PC games, and its technology is increasingly used in automotive design, ⁠filmmaking, architecture ​and industrial simulation. Its platform lets developers create and run interactive 3D content across ​multiple devices and operating systems. Founded in Denmark in 2004, Unity since going public has expanded beyond its core game engine business into advertising technology and broader real-time ​3D software."

$U and $APP Long both In performance marketing, you get paid if things work They both now have AI's placing bids at auction and winning, at the same time At the end of the day, $U has a lot of trading baggage from the last few years but facts are facts: it is going to shift from a turnaround story, into a growth story If you notice Q4 guide for their ad biz and the valuation, this is just ignoring their entire SaaS business. The game engine business, tho, in an AI era, is a amazing asset. Unity 7 sounds perfect for this moment And this is true regardless of what happens in the AI -- they are as close to a pure beneficiary as it gets Some people will vibe code a game engine, for sure; but if you just want to build a game, you are likely to use an engine. They power billions of players every day. As the ad business grows, it will increasingly have a bigger effect on the top line, which will increasing cause people to notice the change at $U Reminds me of when $ROKU's ad platform took off back in 2018-2019

So... how'd y'all do today? 😂 Bc my main account is up 16% today