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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

🔵 European VC and PE Fundraising in 2023: Resilience Amid Challenges ➡️ European private equity and venture capital fundraising in 2023 showed resilience despite a slight decline, reaching €132.9 billion, 3% below the five-year average. Venture cap

• 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

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

‼️ 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

Be the Middleman in 2025 The Future of Business The most successful companies are those that connect people and services without owning the underlying assets. Here are some stellar examples: Uber: With a revenue of $150.5 billion, Uber has revolu

After spending just 12 minutes in their office... SoftBank's CEO wrote them a $4.4B check. Less than 30 minutes later, he invested another $2B. Here's the sales pitch WeWork's founder used to convince the world's smartest investors to ignore basic