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Listen Labs walks from $1.5B term sheet amid Salesforce buyout talks

Listen Labs signed a $125 million Series C term sheet at a $1.5 billion valuation led by Menlo Ventures, but never closed it.

Why it matters. If Salesforce talks collapse, VCs expect Listen Labs to return to market seeking a valuation of $2 billion or higher, using the competing bid as leverage against fresh investors.

Signal from TechCrunch (AI) · Marina Temkin · read the original.

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