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Archive for the ‘Finance Articles’ Category

In its 5th filing with the SEC, Palantir finally admits it is not a democracy

Palantir is not a democracy, and it really, really, really wants you to know that. Palantir’s governance has been under an exacting lens from regulators the past few weeks as it prepares for a public direct listing on September 29th. In revision after revision of its S-1 filing to the SEC — now totaling eight ...

Chamath launches ****, **** and **** as he SPACs the world with SPACs

SPACs are going to rule the world, or at least, Chamath’s future portfolio. Chamath Palihapitiya, the founder of Social Capital, has already tripled down on SPACs, the so-called “blank check” vehicle that takes private companies and flips them onto the public markets. His first **** bought ****** Galactic last year, and his second **** bought ...

Interswitch to revive its Africa venture fund, CEO confirms

Pan-African fintech company Interswitch plans to fire up its corporate venture arm again—according to CEO Mitchell Elegbe—who spoke at TechCrunch Disrupt on Wednesday. The Nigerian founder didn’t offer much new on the Lagos-based firm’s expected IPO, but he did reveal Interswitch will revive investments in African startups. Founded by Elegbe in 2002, Interswitch pioneered the ...

Simple yet Effective Tips to Prepare Your Home for Viewings

09.14.2020 · Posted in Real Estate Articles

When you have planned to sell you home, the last thing you want to do is to spend money to spruce the place up. After all, whoever considers to buy it is already going to change those outmoded kitchen cabinets and shabby bathroom tiles anyway. Right? People often wonder as to why they should spend ...

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Innovative Ideas to Give Your Place a Mediterranean Feel

09.14.2020 · Posted in Real Estate Articles

Living by the sea is a dream for many, who doesn’t like waking up every morning to the mesmerizing views of the coast? Right! However, now you can easily achieve this dream by either purchasing one of the sea view flats in Mumbai. However, as they are quite expensive, not everyone can afford them. This ...

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India’s Zomato raises $100M from Tiger Global, says it is planning to file for IPO next year

Indian food delivery startup Zomato has raised $100 million from Tiger Global and is preparing for the next phase of its journey: An IPO. Tiger Global financed the capital through its investment vehicle Internet Fund VI, according to a regulatory filing. Info Edge, a major investor in Zomato, confirmed the development Thursday evening, adding that ...

Orchard real estate platform raises $69 million Series C led by Revolution Growth

Orchard, the tech-forward residential real estate platform, has today announced the close of a $69 million Series C funding led by Revolution Growth. Existing investors FirstMark Capital, Navitas, Accomplice and Juxtapose also participated in the round, which brings the company’s total funding to $138 million. Orchard (formerly Perch) launched in 2017 on a mission to ...

Groww, an investment app for millennials in India, raises $30M led by YC Continuity

Even as more than 150 million people are using digital payment apps each month in India, only about 20 million of them invest in mutual funds and stocks. A startup that is attempting to change that by courting millennials has just received a big backing. Bangalore-headquartered Groww said on Thursday it had raised $30 million ...

As direct listing looms, Palantir insiders are accelerating stock sales

According to Palantir’s latest S-1 amended filing published this morning, the company intends to start trading in two weeks on September 23 under the ticker PLTR. That gives us a bit of time to speculate about how the company will perform on the public markets, particularly given Palantir’s unusually shareholder-hostile governance structure, which was a ...