Just a few days removed from Pfizer's announcement on progress made with its vaccine, state governments are beginning to reenact restrictions as COVID-19 cases continue to rise. As a result, the market rally that started the week is now fairly muted, save for tech. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. We're also launching a new newsletter — 10 things in Politics You Need to Know Today — later this month. Sign up here. Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. Some more great reporting out of Dakin Campbell and Casey Sullivan on Vista Equity Partners. Dakin and Casey uncovered that a pension fund decided against a $100 million investment it planned to make with Vista following Bloomberg's report of Vista founder Robert Smith evading taxes for years. In October, Smith paid $139 million to settle a federal investigation into his taxes. However, the question remained how Vista's investors would react. Dakin and Casey with a first look at some additional fallout. Click here to read the entire story. Here's a presentation from startup Endpoint that was used to raise $40 million from its parent company, First American. Alex Nicoll had Endpoint CEO Scott Martino walk him through the deck. Check it out here. |
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