VC Not Charged In College Scandal Was Ousted Anyway
This story tells you a lot about how Silicon Valley really works. It was a photo with Kevin Durant that appears to have led to the ouster of one of the founders of Silicon Valley’s most elite venture firms.
Bird Gobbles Up Another Rival Scooter Startup, This Time In Europe
Bird has announced that it will acquire Circ, a leading electric scooter rental business in Europe and the Middle East. The acquisition is the latest sign of consolidation among e-scooter companies as the quest for a profitable business model intensifies. As part of the deal, Bird will take on 300 of Circ's employees, many of whom are based in Berlin. Bird also announced a $75 million extension to its Series D funding round, bringing the total size of the round to $350 million -- though it would not disclose the amount for the transaction.
Signature Private Finance Undergoes PS16.8M Mbo
Solihull-based property finance firm secures private equity backing from Foresight group to embark on next chapter. : Solihull-based property finance firm secures private equity backing from Foresight group to embark on next chapter Solihull-based Signature Private Finance has been acquired by chief executive Tony Gilbertson and his senior management team, with support from private equity firm Foresight Group. Established in 2012, Signature specialises in short-term property finance, supporting developers and landlords with funds to purchase, refinance and refurbish property across the UK. The team, which has bought out previous owner Cabot Square Capital, recently achieved its PS100 million lending target.
Valaris Settles With Luminus, Hands Board Seat To Hedge Fund
Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund's partners to its board.
Ipo Market Braces For First Billion-dollar Deals Of 2020--and Casper Won't Be One Of Them
The initial public offering market is expected to crank into gear in the next two weeks, with at least two billion-dollar deals on the slate, including a well-known consumer name that may be viewed as a safe bet in a nervous market.
Brunel Vows To Ditch Asset Managers Failing On Climate Change
The PS30bn Brunel Pension Partnership has called on asset managers to become more climate-aware or face removal from its portfolios.
Packaging Materials Startup Bizongo Raises $30M Series C Funding
The funds will be deployed to ramp up technology, expand into newer sectors like pharma packaging, and increase Bizongo's penetration across India. The post Packaging materials startup Bizongo raises $30m Series C funding appeared first on DealStreetAsia.
Five Must Reads For The Cre Industry Today (january 27, 2020) | National Real Estate Investor
The Wall Street Journal profiled the Koch Brothers' vast real estate ownings. The Real Deal sat down with Related CEO Jeff Blau. These are among today's must reads from around the commercial real estate industry.
Silicon Valley Pays Tribute To Kobe Bryant, Basketball Legend--And Investor
Following his retirement from the NBA, Bryant chose venture capital as his second act. He and business partner Jeff Stibel formed venture firm Bryant Stibel in 2013 and raised $100 million for their debut venture capital fund three years later.
Merantix Announces EUR 25M Venture Studio Fund In Davos
Berlin-based Merantix, a venture studio building AI companies, has raised a EUR 25M fund. The funds will serve to finance the next batch of AI companies after having already successfully built three companies over the last three years. The now announced fund includes notable anchor investors such as Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation, as well as further family offices from Europe.
Could Do Better - Can A London-based Investment "ecosystem" Aims Outperform The Vc Model?
Does the VC model struggle when it comes to making profitable investments? One former Microsoft employee thinks so and he's just launched an investment ecosystem, which he believes will offer better returns. Perhaps inevitably, digital tokens play a part.