‘Backing the next generation’: VC firm raises $12 million for early-stage startups
A two-year-old venture and advisory firm, Happenco, has closed its first funDing, raising $12 million to invest into early-stage startups.
Investing
Here’s Charlie Munger’s simple advice about estate planning—as tributes pour in for Berkshire Hathaway legend
The always colorful Munger said at his final Berkshire annual meeting that 95% of heirs should follow one simple rule.
Charlie Munger, Warren Buffett’s right-hand man, dies aged 99
Wealthy investment guru Charlie Munger, renowned for amassing vast wealth before joining forces with Warren Buffett at Berkshire Hathaway, passed away at the age of 99.
From Fintech’s top founders to Wall Street’s best Dealmakers: US 30 under 30 finance for 2024
During a challenging year for startups and financial institutions, these entrepreneurs, traders and investors are navigating tough terrain and making an outsized impact.
Shein files for IPO amid fast-fashion surge, reports
The China-based fast-fashion company could go public as early as next year, reports say, despite investigations into its operations.
Mark Cuban quits ‘Shark Tank’ after over 10 years
Cuban joined the show as a guest and eventually became a mainstay by season 3.
A secretive $10 billion firm backed by WhatsApp billionaire is quietly building a startup portfolio
Led by former Sequoia partner Michael Abramson, two-year-old Newlands already holds billions in equities like Alphabet, Amazon and Meta. But no one wants to talk.
Sam Altman is heading back to OpenAI – Here are other ‘Boomerang’ CEOs who left and returned
From cleaning up messes to managing takeovers, these so-called boomerang CEOs have made comebacks to top seats at some of the world’s biggest companies.
Microsoft stock hits all-time high after hiring OpenAI’s fired CEO Sam Altman
Microsoft is actually in an even “stronger position from an AI perspective” with Altman as the chief of the company’s newly formed advanced AI unit, according to Wedbush analyst Dan Ives.
FTX gets $1.8 billion boost from soaring Solana and Bitcoin, easing path to full customer payouts
Bankman-Fried’s favored cryptocurrency has nearly doubled in recent weeks. Along with gains in bitcoin and other assets, the crippled exchange now seems to have sufficient funds to meet small-investor claims.