Essential gets valued at nearly $1 billion, raises $300 million in cash

[Guest Jared Peters]

Andy Rubin’s Essential has just secured a ton of cash ahead of the launch of its first smartphone, and is now valued at $900 million to $1 billion. That valuation has locked in $300 million cash for Essential to play with, which is a ton of cash for a startup, even if it’s headed by […]

 

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