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This is how the VC ecosystem works. - People from Canada and the USA contribute their money every month to a pension fund with the aim of receiving a pension once they retire - The pension fund, aiming to generate returns, allocates its money to v

Meta, formerly Facebook, has unveiled two new open-source AI models called Llama 3 8B and Llama 3 70B, with 8 billion and 70 billion parameters respectively. 🚀 These models outperform some rivals and spark debate over open versus closed source AI de

• Let's Understand: SoftBank an investment Giant 🤑🚀📈 • SoftBank was started by Masayoshi Son in 1981. Key businesses:📈 •Telecommunications (SoftBank Corp.) •Semiconductors (Arm Holdings) •Massive tech investments Vast Tech Investment Portfoli

Who owns $6.4 billion CRED. (Based on available data on the internet) Funds (Institutional Investors): Held the majority stake at 72.49%. Founder (Kunal Shah): Owned 12.17% of the company. Employee Stock Ownership Plan (ESOP) Pool: Accounted for 1

Many people don't seem to understand one basic thing sometimes mutual fund (MF) returns appear higher than the returns from our individual stock trades. While looking at this, people often forget a very simple point: when we deposit money into a dema

I completely agree with Jeff in this. We often just look at people's net worth and think about how much money they made. But we don't consider how much money they made for others. For eg: 1) Sequoia's $12.5 million investment in Google in 1999, and

🚨 Alert: 16 Billion Credentials Leaked-Is Your Account at Risk? A massive leak has exposed 16 billion credentials from past data breaches – including accounts from Gmail, Facebook, Instagram, Apple & more. 📰 Source: https://timesofindia.indiatime

‼️ Uber vs. Lyft: The Mobility Showdown Continues in USA Ride-hailing giants Uber and Lyft continue their battle for dominance in the mobility service market. In Q1 2024, Uber maintained its lead with $10.1 billion in revenue and $37.7 billion in g

How sequoia took a billion dollar revenge on Mark Zuckerberg 👇 In 2004, Sequoia approached Mark, they wanted to invest in Facebook, but Mark was not really interested to raise funds from them, so he decided to go to meet the partners in a pyajma an