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September 11, 2023
Oprah Winfrey and Dwayne "The Rock" Johnson have landed amid a heated debate after urging their extensive fan base to donate to the Maui, Hawaii, relief fund. The intent was to provide support for those affected by the catastrophic Lahaina wildfires. However, given the combined net worth of the two entertainment icons surpassing $2.8 billion, their call for public assistance has been met with skepticism. Don’t Miss: Until 2016 it was illegal for retail investors to invest in hig...
September 11, 2023
SpaceX, led by visionary entrepreneur and Tesla Inc. CEO Elon Musk, has showcased its potential as a game-changer in both crisis response and geopolitics. Recent events have spotlighted the company's involvement in the Maui wildfire recovery efforts and a contentious episode related to the Ukraine-Russia conflict. Don’t Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to changes in federal law, this Kevin O’Leary-Backed Startup Let...
September 8, 2023
In a landmark funding round, Redwood Materials, the innovative battery recycling firm founded by Tesla Inc. Co-Founder and former Chief Technology Officer JB Straubel, has amassed $1 billion in its Series D round. The round catapults the company's post-money valuation to over $5 billion and raises its total equity capital to $2 billion. The company announced that the capital will be strategically used for enhancing capacity, developing a robust domestic battery supply chain and enabling the...
September 8, 2023
Just months after leaving the White House in 2021, Jared Kushner secured a $2 billion investment from a Saudi crown prince-led fund, despite objections from the fund’s advisers about the deal. A panel that screens investments for the Saudi sovereign wealth fund expressed concerns about Kushner’s new private equity firm, Affinity Partners. According to The New York Times, they cited issues like the firm’s inexperience, the possibility of the kingdom bearing most of the invest...
September 8, 2023
The COVID-19 pandemic crushed the live event industry, but after a few stressful years, things are looking up. And for that reason, Dice — a London-based ticketing software company — is positioned for success. But it's not just the uptick of live events that has Dice excited. The company recently raised $65 million to fuel its growth.