San Francisco-based Modern Health, a mental well-being benefits platform for employers, has raised $9 million in Series A funding. Kleiner Perkins, Jared Leto, Y Combinator and Afore led the round. Source: Press Release.
Ari Emanuel's talent agency Endeavor is finally going public. The company released it's long-awaited IPO prospectus on Thursday. The company will list on the New York Stock Exchange under the symbol "EDR."
Just ahead of the launch of the Apple Card, a startup that has its own take on modernizing the credit card industry, Zero, is announcing the close of its $20 million Series A. The new round of funding was led by New Enterprise Associates (NEA), and brings Zero's total raised to date to $35 million, [...]
Meet The Stealth Staffing Firm Increasing Female Representation At Kkr, Point72 And Other Wall Street Heavyweights
For the past three years, a stealth staffing firm has been helping place and develop female leaders across companies like Goldman Sachs, KKR, NEA and other financial heavyweights. On Thursday, that firm, called Declare, is coming out of stealth and announcing itself to the world.
DoorDash has raised another $600 million in venture capital funding. : More than five years ago, Sequoia partner Alfred Lin called Tony Xu, the founder of a small on-demand delivery startup called DoorDash, to say he was passing on the company's seed round. This was, of course, before venture capital funding in food delivery startups had taken off. DoorDash, launched out of Xu's Stanford graduate school dorm room, wasn't worth Sequoia's capital -- yet.
What transpired next has been the subject of serious rumination since Tuesday. : Long-time spinner Rebecca Tabakoff was unhappy to hear Philip Morris' presentation about being "pro-choice". Illustration: John ShakespeareCredit: That was probably Philip Morris general counsel Marc Firestone's first mistake when he took to the InterContinental Double Bay stage this week for the Corporate Affair Summit 2019. What transpired next between Firestone and one-time Liberal staffer turned spin queen Rebecca Tabakoff has been the subject of serious rumination since Tuesday.
Sec Seeks Emergency Relief To Halt Prominent New York Developer's Ponzi-like Real Estate Investment Scheme
The Securities and Exchange Commission filed an emergency action charging Robert C. Morgan, a New York residential and commercial real estate developer, and two of his entities, Morgan Mezzanine Fund Manager LLC and Morgan Acquisitions, LLC, with fraud for siphoning and misusing investor funds. In its action, filed Wednesday, the SEC seeks an asset freeze and other emergency relief. The SEC's complaint alleges Morgan financed his development projects in different ways, including through sales of securities directly to more than 200 retail investors, many of whom invested through their retirement accounts.
David Tepper, considered arguably the greatest investor of his generation, is preparing to return investors' money and convert his hedge-fund firm to a family office, according to reports. That would make him the latest in a string of high-profile hedge-fund managers to go that route.
EnTrust Global, one of the world's largest hedge fund investors and a leading alternative asset manager headquartered in New York and London, has surpassed USD1.1 billion in investment capital raised for its Blue Ocean Strategy.
Billionaire David Tepper plans to turn his hedge fund Appaloosa Management into a family office where he will invest his personal fortune and return capital to outside clients at some point, a person...