Top News of the Day:
1. Singapore-based e-commerce platform Qoo10 fires 80% staff
2. WazirX seeking capital to return funds stolen in ā¹1,965-cr hack
3. Bluesky sees 1 mn new Brazilian users in 3 days after X suspension
4. GlobalBees, a company in
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Ronak Patel
Ā ā¢Ā
MedialĀ ā¢Ā 5m
Will investors really fund WazirX to return funds stolen in hack?
Now, WazirX has been hacked and over $234 Million Dollars are on the line.
Who will going to trust this Ecosystem, Is all CEX can be hacked?
This hack certainly leads to impact a sort of trust and security issue in Indian exchanges and their ecosy
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0 replies3 likes
SWAYAM DAS
StealthĀ ā¢Ā 5m
Mutual Fund Maestro
Slogan: "Your guide to navigating the world of mutual funds."
Description: Mutual Fund Maestro is a comprehensive platform dedicated to helping investors understand, research, and invest in mutual funds. It provides a one-stop-sho
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1 replies1 like
MK
StealthĀ ā¢Ā 1m
CoinSwitch CEO Ashish Singhal announced the āCoinSwitch Caresā program on Tuesday, introducing a ā¹600 crore recovery plan for WazirX users affected by the July 2024 cyberattack. The hack impacted over 4.4 million users, causing a total loss of ā¹2,000
Not sure if this idea is as good as I think or not . Basically i want to create a new kind of investment fund . Which is Export Investment funds, We will finance the Exporters with funds to fulfill the shipments . And the money will be invested by ge
#9TDAYVC-DAY-16
šÆWhat is High Watermark in VC?
šÆWhat are Distributions/Waterfall?
Apart from hurdle rate, Some consider also āhigh watermarkā This is more common practice in hedge funds. This market denotes the highest value recorded by the f
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6 replies3 likes
Samrat Mukherjee
StealthĀ ā¢Ā 7m
šØ HACK ALERT šØ Massive $234M Heist at WazirX Exchange!
A total of $234.9M in funds have mysteriously moved to a new address, with each transaction's caller funded by Tornado Cash.šŖļøšø
The suspicious address is already busy swapping $PEPE, $GALA,
What happens when a company fails to generate revenue after raising funds from a VC.
Are the company owners obliged to any amount in return for investors
And how will investor get an exit if the company is a loss making company
Found the following on Twitter (Now X), this influencer has wrongly given this name of "Hedge Fund" to his "Portfolio" and this person Sagar sarcastically replied What exactly is a Hedge Fund.
Let's clear it out. A Hedge Fund is an investment fund
can mutual fund be a profitable investment?
A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its po
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Vivek kumar
StealthĀ ā¢Ā 1m
Hereās a short overview of major funding agencies and their operations:
1. Sequoia Capital (USA)
Invested In: Apple, Google, Airbnb, WhatsApp.
Source of Funds: High-net-worth individuals, pension funds.
Returns: WhatsApp investment generated $6.3