Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
GameStop names a new CEO and CFO, both from Amazon
GameStop is getting a new chief executive and chief financial officer, the company announced as part of its earnings release Wednesday......»»
Todd and Rahul’s Angel Fund closes new $24 million fund
After making investments in 57 startups together, Superhuman CEO Rahul Vohra and Eventjoy founder Todd Goldberg are back at it with a new $24 million fund and big ambitions amid a venture capital renaissance with fast-moving deals aplenty. “Tod.....»»
Don’t look now, but GameStop stock is approaching record highs again
Retail investors try to force another short squeeze as Cohen becomes chairman. Enlarge / Q-Bert can't tell what the @!#?! is going on with GameStop stock, either... (credit: Aurich Lawson / Getty Images) GameStop's stock price is approaching t.....»»
Here"s why Redditors are flooding the YouTube video for "Gangnam Style" with meme stock comments
If all of your favorite websites went down, where would you meetup with all of your online friends? If you're a Redditor who frequents r/WallStreetBets and owns some meme stocks — like GameStop or AMC — the answer is simple. You meet in t.....»»
Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M
Earned wage access (EWA) platforms that allow workers to withdraw their earnings on demand instead of waiting until payday are proliferating around the world. Today, Indonesian EWA startup wagely announced it has raised $5.6 million in strategic fund.....»»
Trucks VC launches two new funds for early and late-stage transportation startups
Trucks Venture Capital, a fund that focuses on early-stage entrepreneurs in transportation, is launching two new funds that it says will help build the future of transportation. Its new core fund, Trucks Venture Fund 2 (TVF2), was raised over the las.....»»
Kafene raises $14M to offer buy now, pay later to the subprime consumer
The buy now, pay later frenzy isn’t going anywhere as more consumers seek alternatives to credit cards to fund purchases. And those purchases aren’t exclusive to luxuries such as Pelotons (ahem, Affirm) or jewelry someone might be treating themse.....»»
Google’s Gradient Ventures leads $8.2M Series A for Vault Platform’s misconduct reporting SaaS
Fixing workplace misconduct reporting is a mission that’s snagged London-based Vault Platform backing from Google’s AI focused fund, Gradient Ventures, which is the lead investor in an $8.2 million Series A that’s being announced to.....»»
Cruise can now give passengers rides in driverless cars in California
Cruise, the autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Microsoft and Honda, has secured a permit that will allow the company to shuttle passengers in its test vehicles without a human safety operator behind t.....»»
As buy-now-pay-later startups keep raising capital, a dive into Klarna, Afterpay and Affirm’s earnings
The BNPL space is flush with consumer interest but not yet awash in profits as major players battle one another for global spend share with a glut of smaller startups hot on their heels. Venture capitalists continue to fund buy-now-pay-late.....»»
Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF
Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group. This brings Prixa’s total raised to $4.5 milli.....»»
Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality
Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies an.....»»
Google shares its $2M Black Founders Fund among 30 European startups
Google has selected 30 startups to receive a share of its $2M Black Founders Fund in Europe, providing these companies with a spot of cash, some valuable cloud services, and a bit of good old-fashioned networking among the Google crew. The fund was a.....»»
Lux Capital has raised $1.5 billion more to invest in — and create — new startups
The fundraising continues apace in the go-go world of venture capital. Today, it’s Lux Capital — known for its frontier investing — that has closed a $675 million early-stage venture fund and an $800 million growth-stage fund from i.....»»
Architect Capital brings alternative capital to the early stage with new $100M fund
Early-stage startups are increasingly looking for alternative ways to access capital, meaning not every company wants to raise money from VCs or take on debt. In recent years, a flurry of startups have emerged to give companies other options. (Think.....»»
Tuesday Capital, formerly Crunchfund, casts a wide net with a fourth, $30 million fund
Tuesday Capital, a 10-year-old seed-stage fund that was founded by longtime VC Patrick Gallagher and TechCrunch founder Michael Arrington, has changed considerably over the years. Arrington now leads a crypto hedge fund. Tuesday was formerly known as.....»»
PayPal Shuts Down Long-Time Tor Supporter With No Recourse
An anonymous reader quotes a report from the Electronic Frontier Foundation: Larry Brandt, a long-time supporter of internet freedom, used his nearly 20-year-old PayPal account to put his money where his mouth is. His primary use of the payment syste.....»»
Can a Cryptocurrency Break the Buck?
An anonymous reader shares an opinion piece from Bloomberg, written by Timothy Massad: On Sept. 16, 2008, the day after Lehman Brothers filed for bankruptcy, the Reserve Primary Fund "broke the buck": Its net asset value fell below $1 per share. The.....»»
How do plants hedge their bets?
In some environments there is no way for a seed to know for sure when the best time to germinate is......»»
Aerion Shuts Down, Halts Work On Proposed Supersonic Business Jet
Despite $11.2 billion worth of orders, and partners like Boeing, General Electric and Berkshire Hathaway, Aerion says it still couldn't raise enough money to head into production "in the current financial environment," according to a Flying magazine.....»»