“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”
Article link - https://www.bloomberg.com/news/articles/2021-08-25/meditation-app-headspace-acquires-blackstone-backed-ginger
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
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