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STRIPE INVESTMENT
Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...- PayPal in talks with Stripe and private equity firm over sale: reportIn July, Stripe and private equity firm Advent International made a joint offer to buy the digital payments pioneer for $60.50 a share, whi...
- 25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
- To Compete in the Global Economy, Europe Needs to Boost Its VC EcosystemEurope’s struggle to produce globally dominant companies is not a mystery—it is the predictable result of a weak and fragmented venture cap...
- How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage itLeopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...
- Beyond Bitcoin: Crypto trends investors should watch over the next 6 monthsCoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural...
- PayPal board sees Stripe-Advent's $53 billion bid as undervaluing company, sources sayPayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally respo...
- How Steve Jobs' billionaire widow Laurene Powell went from skipping family holidays to building a $14 billion fortune and becoming one of the richest women in the USApple co-founder Steve Jobs' billionaire widow, Laurene Powell Jobs, overcame childhood financial struggles and student loan debt. Once too...
- US stocks today: US stocks end higher on cool inflation data, strong earningsWall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyou...
- US stocks today: US stocks rise with earnings in focus; PayPal jumps on takeover bid reportWall Street's indexes experienced a boost on Wednesday, driven by promising inflation figures and robust earnings reports from leading bank...
- Govt's revamped chip push; Emergent turns unicornThe Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufacturing. This and more in today's ETte...
- Preparing Your Brand for Agentic AIAI agents are transforming brand-consumer relationships. The authors explore how brands must adapt to a new retail environment in which con...
- Jane Street, TSMC-linked AI startup Etched raises $800 millionAI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a fir...
- Meta's Cred deal showcases new playbook: take stake, hire the founderMeta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred...
- Manu Chandra's Sauce, the VC making a feast of small servingsSauce VC is set to make an estimated Rs 500-550 crore from L'Oréal's acquisition of Innovist, validating founder Manu Chandra's strategy of...
- SpaceX IPO: Indians queue up to invest more in US stocksSpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in US stocks, with trading volumes on ...
- How a 22-year-old Indian techie dropped out to build an AI startupA 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valu...
- Four Indians feature in Forbes’ top 50 most successful immigrants in AmericaFour Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Im...
- Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiringAt a time when tech companies are laying off employees, there is a surprising boom for a specific engineering role, with job postings skyro...
- Stripe raises $600 million in funding round, making for a $95 billion valuationThat makes Stripe the most valuable private company Silicon Valley has produced, according to the Financial Times.
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