In Latin American countries like Brazil and Chile, messaging platform WhatsApp has become one of the most popular apps to use to buy things online. It was even the e-commerce platform of choice in the region during the pandemic. But ...
The Securities and Exchange Commission has updated the dollar threshold for a vehicle to be considered a “qualifying venture fund” to $12 million, up from $10 million. Qualified venture funds are a subset of venture funds that can raise from ...
VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles ...
Neil Mehta, the VC behind the acquisition of a string of properties on San Francisco’s tony Fillmore Street, made waves earlier this week for reportedly throwing long-established local restaurants to the curb to bring in more high-end retailers. The San ...
Update: We spoke with Ashesh Shah, the founder and CEO of the fund leading Bolt’s proposed $450 million raise for some much-needed additional detail on the deal. Read the full interview here. Bolt’s aggressive ultimatum to its existing shareholders — ...
