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Tag: founders

Nordstrom founders offer $23 per share to take the department store private

September 5, 2024 No Comments Business , , , , ,

By Reuters Published Sep 5, 2024 Nordstrom‘s founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its latest bid, a filing showed on Wednesday. Nordstrom That price would value the company at roughly $3.76 billion. Its shares have gained 35% since Reuters first [...]read moreNordstrom founders offer $23 per share to take the department store private

Alliance DAO is attracting more Asia founders amid US crypto crackdown

May 3, 2024 No Comments Technology ,

The graduates of Alliance DAO are often useful indicators of investor appetite and user adaption trends within the crypto space. The latest batch of the stage-agnostic crypto accelerator, unveiled today, comes at a moment of great excitement for the recovering market. Just two months ago, Bitcoin hit its all-time high; though the value of the [...]read moreAlliance DAO is attracting more Asia founders amid US crypto crackdown

Binance founder’s sentencing hearing

May 1, 2024 No Comments Technology

Zhao “violated US law on an unprecedented scale,” prosecutors wrote in their sentencing memo. | Cath Virginia / The Verge | Photos from Getty Images Changpeng Zhao pleaded guilty to money laundering charges. Continue reading… Source link

Notable Capital’s Hans Tung on why he thinks founders need to play the long game

April 30, 2024 No Comments Technology , , ,

Hans Tung, a managing partner at Notable Capital, formerly GGV Capital, has a lot of thoughts on the state of venture today. Notable Capital is a venture firm with $4.2 billion in assets under management, focusing on investments in the U.S., Latin America, Israel, and Europe. Tung, whose portfolio includes the likes of Airbnb, StockX [...]read moreNotable Capital’s Hans Tung on why he thinks founders need to play the long game

VinFast Is Burning Through Its Founder’s Cash At An Alarming Rate

April 28, 2024 No Comments Auto , , , , , ,

Good morning! It’s Friday, April 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: ViFast Handed Another $1 Billion Vietnamese automaker VinFast is really trying to get itself taken seriously [...]read moreVinFast Is Burning Through Its Founder’s Cash At An Alarming Rate

Will a TikTok ban impact creator economy startups? Not really, founders say

April 28, 2024 No Comments Technology , , , , ,

President Joe Biden signed a bill on Wednesday that could ban TikTok – for real this time. After so many false starts and stops, some creator economy founders and their clients are rolling their eyes. They’ve been through this before. “I think two years ago, this would have been devastating,” Karat Financial co-founder and co-CEO [...]read moreWill a TikTok ban impact creator economy startups? Not really, founders say

Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund

April 26, 2024 No Comments Technology , , , ,

Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a few years ago, its name appeared in dozens of deals per year. But then, things [...]read moreGlobal Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund

Campus, a community college startup, receives $23M Series A extension led by Founders Fund

April 23, 2024 No Comments Technology , , , , , ,

Although many students in the United States enter community colleges intending to transfer to four-year universities, only 16% of those students receive bachelor’s degrees within six years. But Campus, an online alternative to traditional community colleges, has an approach that aims to change that.  Many adjunct professors at the nation’s top universities, including UCLA, Princeton [...]read moreCampus, a community college startup, receives $23M Series A extension led by Founders Fund

Two widow founders launch DayNew, a social platform for people dealing with grief and trauma

April 23, 2024 No Comments Technology , , , ,

After losing their husbands in devastating and unexpected ways, Karine Nissim and Eloise Bune D’Agostino discovered there were no suitable places where people could go to face all the challenges that surface during the grieving process, including daunting tasks such as organizing a funeral ceremony and donating belongings, as well as scouring the internet for [...]read moreTwo widow founders launch DayNew, a social platform for people dealing with grief and trauma

‘Send now, pay later’ startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund

April 23, 2024 No Comments Technology , , , ,

Pomelo, a startup that combines international money transfer with credit, has raised $35 million in a Series A round led by Dubai venture firm Vy Capital, TechCrunch has exclusively learned. Additionally, the company is announcing a $75 million expansion of its warehouse facility. Founders Fund and A* Capital also participated in the financing, along with [...]read more‘Send now, pay later’ startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund