Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Construction start-up ProcurePro hits $100m valuation
Construction software start-up ProcurePro has lifted its valuation above $100 million after securing backing from QIC Ventures and the venture capital arm of French construction giant Bouygues, as investors flock to niche software solutions…
The tax reform coming for Birkin bags, fancy watches and crypto
Investors with money in everything from cryptocurrencies to wine and even high-end handbags could be caught in planned changes to capital gains tax to be unveiled by Treasurer Jim Chalmers on budget night. As Chalmers promised the budget would…
Formo founder wanted to make Gruyère cheese, but without cows
The son of a Swiss father and a Brazilian mother, Wohlgensinger grew up in a village in the Winterthur area, northeastern Switzerland, and loves cheese. He missed it when he became vegan a decade ago after nudging from his wife. The dairy-free…
Sydney home of Arnott's biscuits family hits the market for $6.9m
The Hunters Hill home of the late Alice Arnott Oppen, OAM, the great-granddaughter of the founder of Arnott's biscuits, William Arnott, is for sale with a price guide of $6.9 million. It's the first time the heritage-listed property has been…
Why Palantir is fast becoming one of the world's most notorious companies
Palantir Technologies Inc., a Miami-based company that specialises in data integration and analysis, is seldom out of the news. This is partly because it works in controversial sectors: its biggest client is the US military, and its software is…
Five shameless moments of Iran war opportunism & grifting
As the U.S. blockade on the Strait of Hormuz threatens an already tenuous ceasefire between the U.S. and Iran, many at home are looking to profit. Below are five examples of wartime grifters, profiteers, and opportunists absolutely outdoing…
Red Hot Chili Peppers Sell Recorded Music Catalog for Over $300 Million
The Red Hot Chili Pepper have sold their recorded music catalog to Warner Music Group in a deal worth more than $300 million. Five years after the band sold their publishing rights in a $150 million deal, the Peppers' recorded output — which…
Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting May 4: Representing over 20 million businesses, Eurochambres serves as the primary voice for European chambers of commerce and SMEs by connecting local entrepreneurs with EU…
Embraer-Empresa Brasileira de Aeronautica Q1 Earnings Call Highlights
Amazon Bets Big on BETA: Why Analysts See 50% Upside Embraer-Empresa Brasileira de Aeronautica NYSE: EMBJ reported what President and CEO Francisco Gomes Neto called the company's strongest first quarter revenue in its history, alongside the…
NewEdge Wealth LLC Buys 8,138 Shares of Welltower Inc. $WELL
NewEdge Wealth LLC grew its stake in shares of Welltower Inc. (NYSE:WELL - Free Report) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 216,539 shares of the real…
Red Hot Chili Peppers sell music catalogue to Warner Music Group for $300m
Red Hot Chili Peppers have sold their recorded music catalogue to Warner Music Group in a deal worth more than $300million (£220million). READ MORE: Red Hot Chili Peppers: “We feel fresh, like a new band” The band will now give…
Crossmark Global Holdings Inc. Purchases 12,953 Shares of Welltower Inc. $WELL
Crossmark Global Holdings Inc. boosted its stake in Welltower Inc. (NYSE:WELL - Free Report) by 53.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional…
![gettheleverage.com - Evan Armstrong - [CORRECTION] These Layoffs Are Bumming Me Out Man](https://substackcdn.com/image/fetch/$s_!sHmL!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F716332f3-099e-417f-9078-31ddd47268b8_903x995.png)
[CORRECTION] These Layoffs Are Bumming Me Out Man
[An earlier edition of this newsletter had an incorrect link—that is addressed in this email. My apologies!] I spent Wednesday watching Cloudflare's stock drop 24% on a record-revenue quarter and trying to figure out what to do with that.
These Layoffs Are Bumming Me Out Man
I spent Wednesday watching Cloudflare's stock drop 24% on a record-revenue quarter and trying to figure out what to do with that. The CEO had just told the world that AI made 1,100 jobs obsolete, and the market — which is many things but…
Celanese Q1 Earnings Call Highlights
DuPont's Electronics Spinoff: The Start of Something Big Celanese NYSE: CE executives said the company is prioritizing cash generation and operational flexibility as weak end-market demand continues, while supply chain disruptions are creating…
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