“Headspace Inc., which makes a popular meditation app, will merge with Ginger, a company recently valued at $1 billion by investors including Blackstone Group Inc. -- creating one of the largest startups focused on mental health.The combined entity will be called Headspace Health, the companies said in a statementWednesday. Headspace Health will have a valuation of about $3 billion, according to a person familiar with the terms who asked not to be identified because the information is private”
Just found this article with about Mental health app Headspace. Guess timing really is right for MEB now with Luca launching, immense world focus on mental health, and a high profile advisory team to drive up the promotion.
Slightly more bullish now that the wait may pay off…
FRESH
MEB Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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