Foundry Group, an 18-year-old venture firm with nearly $ 3.5 billion in assets under management, has quietly decided to shut down and not raise any more funds. The move was unexpected considering that the firm announced a $ 500 million fund last year. Boulder, Colorado-based Foundry first announced that its current fund would be its […]
How crowdfunding actually works in 2024, and whether you should use it to raise money
Crowdfunding is to financing what Uber is to taxis or what Airbnb is to hotels: Using the wisdom and resources of the crowd to raise money. Usually, crowdfunding brings many smaller investors or donors together to fund a business, startup or personal initiative. The concept is based on the collective effort of a large number […]
Byju’s seeks to raise $200 million in rights issue amid cash crunch, resets valuation
Byju’s, the world’s most valuable edtech startup, launched a rights issue on Monday, seeking to raise $ 200 million as the Indian firm works to address its working capital issues. The startup is resetting its valuation to “next to nothing” in the rights issue, where all existing investors have an opportunity to participate, according to […]
Circuit City, angling for a comeback of sorts, hopes to raise $25M
At the risk of dating myself, I’m old enough to remember the days when Best Buy had a formidable rival in superstore chains: Circuit City. A cross between an appliance store (at least until it stopped selling appliances) and all-around electronics retailers, Circuit City was the place to be for nerdy, tech-obsessed kids like myself […]
BTS Jin And Jungkook’s Similar Preferences Are Proof That Jin Helped Raise Jungkook
BTS‘s Jin and Jungkook have an incredibly endearing relationship that fans can’t help but love. Given that Jin is the eldest member of BTS and Jungkook is the youngest, fans often joke that Jin helped raise Jungkook and, in doing so, taught him a few habits. 10+ Gifs Of Habits That BTS’s Jungkook Learned From […]