VC firms have raised a record $151 billion from their investors this year. But for newer VCs, many of who are from underrepresented groups, fundraising has become paradoxically harder.
The Musk-Twitter saga started when the billionaire acquired a 9% stake in the firm back in April and within weeks announced a bid to acquire it at a massive premium.
The world’s richest person has now sold US$19.3 billion of Tesla stock since announcing his Twitter takeover.
Cboe, formerly the Chicago Board Options Exchange, entered the Australian market in the middle of 2021 when it acquired Chi-X.
Republicans have an 83% of flipping one chamber of Congress, according to FiveThirtyEight, and investors eat up the legislative headaches caused by a split in power in Washington.
As part of an effort to mock Twitter’s new paid verification system, several verified accounts on the platform changed their display images and names to mimic Elon Musk.
Duration measures sensitivity to interest rate changes.
Sentiment data and a speech by RBA Deputy Governor Bullock are highlights.
A key issue at hand is how much of a decline we should expect in resource earnings.
Australia’s fintech industry is set to face a challenging 2023.