Stripe processed $200 billion in local payments over the last decade. That’s less than 7% of the payments opportunity that will be on the table in Australia by 2029, according to industry research. Billionaire Collison has his eyes set firmly on a bigger prize: growing the GDP of the internet.
More than a dozen tech billionaires on The Forbes 400 sold more than $15 billion worth of stock so far this year, with one person counting for more than half. Here’s who sold the most.
Drew Crecente’s daughter was brutally murdered 18 years ago. Someone made a chatbot on unicorn startup Character AI’s platform using her name and yearbook photo.
The artificial intelligence firm was valued around $80 billion at the start of the year.
The funds will also advance Cartherics to target stem cell therapy programs for pancreatic, gastric, liver, kidney, and prostate cancers.
Out of office, the former president has transformed his fortune, converting a real-estate empire into a political profit machine.
When being a billionaire just isn’t enough.
Ideally, which launched in 2023 to transform marketing and campaign management with real-time consumer insights, has raised $5.5 million to fuel its US expansion.
Fidelity has repeatedly cut the value of its stake in the social media firm since Musk’s acquisition.
Matilda’s co-founders Damian Png and Niamh Mooney say Australia’s visa application process is ripe for disruption. AfterworkVentures, Wollemi Capital, EverywhereVC, Co-ventures, and Startmate agree.