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Jawbone adds $165M but loses new president and half its valuation
By Jonah Comstock | 02:40 pm | January 18, 2016
A piece of long-awaited good news for fitness wearable maker Jawbone -- $165 million in new equity funding -- came with two more pieces of bad news: a subsequent drop in valuation and the departure of its recently hired president Sameer Samat, who returned to Google.