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.....»»
Indy VC firm Sixty8 Capital launches $20M fund aimed at underrepresented founders
It is clear that Black, women, Latinx and LGBTQ+ startup founders face an uphill battle when it comes to getting a share of the VC investment pie in Silicon Valley. Perhaps that’s why Sixty8 Capital, a firm based in Indianapolis, Indiana, smack.....»»
Study: Mutual fund productivity increases when workplace sexual harassment is eliminated
In 2018, movie mogul Harvey Weinstein was arrested and charged with multiple criminal sexual acts. Weinstein's conduct brought further attention to the viral #MeToo movement and also made those in positions of power rethink how employees should be t.....»»
Startup employees should pay attention to Biden’s capital gains tax plans
The Biden Administration has reportedly proposed significant changes to the capital gains tax, aiming to target the wealthiest Americans to help fund his historic aid programs. Vieje Piauwasdy Contributor.....»»
Born in the pandemic, Moonfire’s first $60M Seed fund will combine remote investing with big data
During the pandemic, we’ve seen the rise of ‘Zoom investing’ – where VCs literally use remote video conference tools like Zoom and Google Meet to take pitches from entrepreneurs. Now a new European Seed fund plans to leverage that emergin.....»»
Autonomous trucking startup Einride raises $110M ahead of expansion into US
Einride, the Swedish startup known for its unusual-looking electric and autonomous pods that are designed to carry freight, has raised $110 million to help fund its expansion in Europe and into the United States. The Series B round, which far exceeds.....»»
Emergence, known for its enterprise bets, just rounded up nearly $1 billion across two new funds
Emergence, the 18-year-old, San Mateo, Ca.-based venture firm focused on enterprise tech startups, has rounded up nearly a billion dollars in capital commitments across two funds. It closed its sixth early-stage fund with $575 million; the outfit als.....»»
‘Knowledge-as-a-service’ platform Lynk announces collaboration with UBS
Lynk announced today that its “knowledge-as-a-service” platform will be integrated into UBS’ investment process. The collaboration means the banking giant’s research analysts and institutional clients, including hedge funds, private equity fi.....»»
“Knowledge-as-a-service” platform Lynk announces collaboration with UBS
Lynk announced today that its “knowledge-as-a-service” platform will be integrated into UBS’ investment process. The collaboration means the banking giant’s research analysts and institutional clients, including hedge funds, private equity fi.....»»
Dogecoin Spike Crashes Robinhood Token Trading
Robinhood's trading app crashed for around an hour this morning, as Dogecoin hit record highs and Ethereum continued to gain ground. The outage is reminiscent of the Robinhood-GameStop fiasco last January, where Robinhood deliberately blocked users f.....»»
Belgium"s Government Network Goes Down After Massive DDoS Attack
Most of the Belgium government's IT network has been down today after a massive distributed denial of service (DDoS) attack knocked offline both internal systems and public-facing websites. From a report: The attack targeted Belnet, a government-fund.....»»
Multicoin Capital debuts new $100M fund to bet on crypto startups and tokens
Crypto startups couldn’t be hotter as currencies push past all-time-highs and investor appetite reaches mania for new projects. Crypto investment firms that have been investing in blockchain startups for years are not only beginning to see majo.....»»
Evening Fund debuts with $2M micro fund focused on investments between $50K and $100K
We tend to think of venture capital in tens or hundreds of millions, even billions of dollars, so it’s refreshing to find Evening Fund, a new $2 million micro fund that focuses on small investments between $50,000 and $100,000 as it seeks to he.....»»
London’s Stride VC raised second $138.6M seed fund, hunts for third partner
Stride VC, a London-based seed investment fund, has raised its second fund, which will be £100M ($138.6M) – identical to its first fund. The fund will invest primarily in London startups but also look at select European opportunities. The brea.....»»
Cloud gaming service Shadow taken over by OVHcloud founder
Blade, the French startup behind cloud gaming service Shadow, has been acquired by Octave Klaba’s fund following a commercial court order. Klaba is better known as the founder of OVHcloud, a French cloud hosting company. He’s acquiring Blade (and.....»»
Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings.....»»
Founders Circle Capital has raised a new $355 million fund to buy primary and secondary shares
Founders Circle Capital, a nine-year-old, San Francisco-based investment firm that strikes agreements with private, venture-backed companies to buy some of the vested stock options of their founders and employees — so they can buy a house or ju.....»»
Endeit Capital plans to boost European B-stage startups with its new €250M growth fund
Dutch-German growth capital firm Endeit Capital has raised a 250 million euro fund to invest in B+ stage European startups. This is its third and largest investment fund, Endeit Capital III. The firm says it plans to support European scale-up compani.....»»
Fund managers can leverage ESG-related data to generate insights
Environmental, social and corporate governance data is everywhere. Learning how to understand it promises big payoffs. Georges Archibald Contributor Georges Archibald is head of Americas at the Apex Group......»»
Founders Circle Capital has raised a new $355 million fund to buy secondary startup shares
Founders Circle Capital, a nine-year-old, San Francisco-based investment firm that strikes agreements with private, venture-backed companies to buy some of the vested stock options of their founders and employees — so they can buy a house or ju.....»»
Banana Capital’s debut fund is for internet-first founders
Banana Capital’s debut fund is for internet-first founders.....»»