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How to Retain Control of Your Startup: Advice from SaaStr

Starting a business is a challenging endeavor, and it can be even more difficult to retain control of your startup as it grows. However, it is crucial to maintain control of your company to ensure that it stays true to your vision and values. In this article, we will explore some advice from SaaStr on how to retain control of your startup.1. Choose the Right InvestorsOne of the most important decisions you will make as a startup founder is choosing the right investors. It is essential to find investors who

Construction of Dream Las Vegas Halted Due to Insufficient Developer Funds

The construction of the Dream Las Vegas, a $3.1 billion casino and resort project, has been halted due to insufficient developer funds. The project was expected to be a major addition to the Las Vegas Strip, but now faces an uncertain future.The Dream Las Vegas was being developed by a partnership between real estate firm Witkoff Group and New Valley LLC, a subsidiary of the publicly traded company Vector Group Ltd. The project was set to feature a 450-foot-tall tower with 1,500 hotel rooms, a casino, and a convention center.However,

Shift in Fundraising: Europe Tech Startups Double Debt Financing

In recent years, there has been a shift in fundraising strategies for European tech startups. While equity financing has traditionally been the go-to option for startups seeking funding, there has been a significant increase in the use of debt financing. According to a report by Dealroom, the amount of debt financing raised by European tech startups has more than doubled in the past five years, from €1.4 billion in 2015 to €3.2 billion in 2020.So, what is debt financing, and why are more startups turning to this option? Debt financing

Shift in Fundraising Sees European Tech Startups Double Debt Financing

In recent years, there has been a significant shift in the way European tech startups are raising funds. While equity financing has traditionally been the preferred method for startups to raise capital, there has been a doubling in the amount of debt financing being used by European tech startups. This shift is indicative of a changing landscape in the world of fundraising, and it is important for entrepreneurs and investors alike to understand the reasons behind this trend.One of the primary reasons for the shift towards debt financing is that

Shift in Fundraising Sees Europe Tech Startups Double Debt Financing

In recent years, there has been a significant shift in the way that European tech startups are raising funds. Instead of relying solely on equity financing, many companies are turning to debt financing as a way to fuel their growth. This trend has seen the amount of debt financing for European tech startups double in the past year alone.So why are more and more startups turning to debt financing? There are several reasons for this shift. Firstly, debt financing allows startups to raise capital without diluting their ownership or giving

Walmart’s Investment of US$200 Million in PhonePe: A Significant Move in the Financial Market

Walmart's recent investment of US$200 million in PhonePe, a digital payments platform in India, has been a significant move in the financial market. This investment is part of PhonePe's ongoing fundraising round, which aims to raise up to US$1 billion. The investment by Walmart will help PhonePe expand its operations and strengthen its position in the Indian digital payments market.PhonePe was founded in 2015 and has quickly become one of the leading digital payments platforms in India. The platform allows users to make payments, transfer money, and pay bills using

Fintech News Roundup: March 12-18, 2023

The world of fintech is constantly evolving, and this week was no exception. From new developments in cryptocurrency to the latest advancements in blockchain technology, here’s a roundup of the biggest news stories from the world of fintech for the week of March 12-18, 2023. Cryptocurrency News: This week, the world’s largest cryptocurrency exchange, Coinbase, announced that it will be launching a new platform for trading digital assets. The platform will allow users to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. Coinbase also revealed that it

Cardano (ADA) Sees Double-Digit Price Increase, Gaining Attention

In recent weeks, the cryptocurrency Cardano (ADA) has seen a double-digit price increase, gaining attention from investors and traders alike. Cardano is a blockchain-based platform that was created in 2017 by Charles Hoskinson, co-founder of Ethereum. It is designed to be a smart contract platform that is more secure, scalable, and flexible than its predecessors. The recent surge in Cardano’s price can be attributed to a number of factors. First, the platform has seen a significant increase in adoption and usage. This is due to the launch of its Shelley

CFTC Chair Clarifies That Ether Is a Commodity, Not a Security as Stated by SEC Chairman

The Commodity Futures Trading Commission (CFTC) recently clarified that Ether, a digital asset, is a commodity and not a security as stated by the Securities and Exchange Commission (SEC) Chairman Jay Clayton. This clarification is important for investors, as it means that Ether is subject to the CFTC’s jurisdiction and not the SEC’s. Ether is the native token of the Ethereum blockchain, which is a platform for decentralized applications (dApps). It is used to pay for transaction fees and services on the Ethereum network. Ether has been a popular asset

What is a Strategic Investor?

A strategic investor is an individual or entity that invests in a company with the intention of influencing the company’s operations and strategy. Strategic investors are typically large, well-funded entities such as venture capitalists, private equity firms, or large corporations. They are often looking to acquire a controlling stake in the company, or to gain influence over the company’s operations and strategy. Strategic investors can provide a company with much-needed capital and resources, as well as access to new markets and customers. They can also provide valuable advice and guidance

T. Boone Pickens’ Texas Ranch Sells After $60 Million Price Reduction

T. Boone Pickens, the legendary oil tycoon, has recently sold his Texas ranch for a reduced price of $60 million. The ranch, located in the Texas Panhandle, was originally listed for $250 million in 2017. The ranch, known as the Mesa Vista Ranch, is spread across more than 65,000 acres and includes a main house, guest houses, a chapel, and a private airstrip. It also features a variety of wildlife, including deer, antelope, and quail. Pickens had owned the ranch since 1971 and had used it as a retreat for