While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs. And it may be a more important test of investors’ returning appetite for tech IPOs. Astera this week announced in a public filing that it’s public debut would be bigger than […]
VC Arjun Sethi talks a big game about selling his company-picking strategies to other investors; he says they’re buying it
Arjun Sethi speaks with the confidence of someone who knows more than other people, or else who knows that sounding highly confident can shape perception. Either way, when he tells me over Zoom that “in five years, I’ll have 50% of the world’s private data” at his fingertips, and that it will be “impossible to […]
Compete or cooperate? Five deep tech investors opt for shared gain over sharp elbows
The prisoner’s dilemma is a classic thought experiment that explores how people can collaborate for mutual gain — or how one might screw the other over for a lesser reward. Can you guess which outcome venture capital might resemble? A group of Boston investors wishes it were different. This week, a group of five venture […]
Lordstown Motors charged with misleading investors about the sales potential of its EV pickup
The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $ 25.5 million as a result — money that the SEC says will go towards settling a number of pending class action lawsuits against the company. “We […]
Byju’s investors unanimously vote to remove founder
A group of Byju’s investors on Friday voted to remove the edtech group’s founder and chief executive Byju Raveendran and separately filed an oppression and management suit against the leadership of the firm to block the recently launched rights issue in a surreal moment for the startup, which was once the most valuable in India. […]