Sat.Feb 03, 2024 - Fri.Feb 09, 2024

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What is Venture Capital and Why Does It Matter?

JD Supra: Mergers

The moniker “venture capital” is believed to have originated from the financier John Hay Whitney. Having served in World War 2, Whitney returned to the United States with a new mission: to spread American ideals of free enterprise by supporting fledgling entrepreneurs. He distinguished his investment method from traditional private equity or investment banking by making riskier investments in new, unproven businesses with the aim of larger returns should these businesses succeed.

Capital 297
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Brita snaps up smart water bottle startup, Larq

TechCrunch: M&A

Smart water bottle-maker Larq this week announced that it has been acquired by filtration giant, Brita. More specifically, Brita GmbH, the German company founded in 1966, which spun off and sold its North/South American wing to Clorox in 1988. Brita GmbH maintains the brand in the rest of the world, but it currently is barred […] © 2024 TechCrunch.

IT 345
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Does Your Book Move With You To The New Firm?

H. Friedman Search

Is Your Book Moveable? You have been through the preliminary conversations with a hiring manager, whether in your head or in actuality. As mentioned in previous blogs, this is the question that most people ask themselves in earnest when they begin the interview process. Over these last years of blogs, we have tried to recommend that this should not be the question when you start to interview; instead, you should be asking , “Do you want to learn more?

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02-09-2024 Newsletter: Intention to Lateral?

OfficeHours

Intention to Lateral? How To Navigate Multiple Offers and Move ASAP Coming from a non-target school, investment banking jobs were coveted roles that were few and far between. Fortunate enough to be one of the “lucky ones”, I landed my first banking role at an MM shop on the Restructuring team. Having spent time in technology growth equity and VC in college, I realized quickly that my passions and career goals didn’t align with RX or the exit opps from MM banking to MM private equity.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Second Circuit Adopts "Transfer-by-Transfer" Approach to Bankruptcy Code's Safe Harbor for Securities Contracts Payments

JD Supra: Mergers

The scope of the Bankruptcy Code's "safe harbor" shielding certain securities, commodity, or forward-contract payments from avoidance as fraudulent transfers has long been a magnet for controversy, particularly after the U.S. Supreme Court suggested (but did not hold) in Merit Mgmt. Grp., LP v. FTI Consulting, Inc., 138 S. Ct.

More Trending

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Why is the $180bn games industry shedding thousands of staff?

The Guardian: Mergers & Acquisitions

Despite healthy sales, publishers such as Epic Games and Activision Blizzard are making hundreds of employees redundant – which may radically reshape the industry It is widely agreed that 2023 was a stellar year for video games. The Legend of Zelda: Tears of the Kingdom , Baldur’s Gate 3 , Alan Wake 2 , Marvel’s Spider-Man 2 … barely a week passed without some blockbuster hit or independent gem.

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Investing in Tomorrow: Lifetime Value of Financial Education in High School

Tyton Partners

Investing in Tomorrow: Lifetime Value of Financial Education in High School Tyton Partners’ 2024 Investing in Tomorrow research publication focuses on how schools, K-12 providers, and state and local agencies can positively influence the lasting impact of high school financial education on students’ future financial well-being. In March 2023, only 24% of United States high school students were guaranteed that they would take a one semester course in personal finance.

Education 140
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U.S. Merger Notification Threshold Increases to $119.5 Million

JD Supra: Mergers

Annual increases in U.S. merger notification thresholds and substantially increased filing fees take effect on March 6, 2024. The Federal Trade Commission ("FTC") announced that the Hart-Scott-Rodino ("HSR") Act filing thresholds will increase again in 2024. These thresholds determine which mergers and acquisitions must be reported to the federal government before consummation.

Mergers 180
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Confirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M

TechCrunch: M&A

Onfido, an early mover in the world of identity verification using computer vision and other AI tools, is getting acquired, TechCrunch has learned and confirmed. Entrust — the privately held company that provides a range of certification and verification services around payment cards, passwords, network and website access, device access and more — is buying […] © 2024 TechCrunch.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

CNBC: Investing

Pershing Square's Ackman will offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among retail investors.

Investors 145
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A Russian Bank Account May Offer Clues to a North Korean Arms Deal

The New York Times: Banking

Moscow may be trying to help Pyongyang with access to the international financial system in exchange for missiles and ammunition, U.S.-allied intelligence officials suggest.

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The OCC's new Bank Merger Act rulemaking: Signs of life in bank merger reform?

JD Supra: Mergers

On January 29, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking for Business Combinations Under the Bank Merger Act. One element of the rulemaking in particular stands out as a potential harbinger of things to come in the bank merger space: the OCC proposes to eliminate provisions permitting expedited review and a more streamlined application for certain specified transactions.

Mergers 180
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What’s next for STIRR, the free streaming service Thinking Media just acquired

TechCrunch: M&A

Broadcasting company Sinclair recently sold off its free, ad-supported streaming TV (FAST) service STIRR to Thinking Media, a startup that provides cloud-based streaming solutions for FAST and over-the-top (OTT) services. The new owners have ambitious plans for the streamer, including an international expansion, tripling its on-demand content library and becoming an AI-native streamer with advanced […] © 2024 TechCrunch.

Media 243
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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving

CNBC: Investing

CleanSpark shares jumped after the company revealed plans to expand its mining presence and potentially double its hashrate in the first half of the year.

Shares 141
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Bank of America Reverses Its Pledge Not to Finance Fossil Fuels

The New York Times: Banking

The changes come as Republican lawmakers step up efforts to punish businesses that consider climate change and the environment in their operations.

Finance 144
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Looking ahead: The Bermuda insurance M&A horizon in 2024

JD Supra: Mergers

2023 was a fairly gloomy year for global M&A activity and the insurance sector did not emerge unscathed, recording its lowest deals count since 20201. The good news, however, is that insurance M&A activity appears poised for a rebound in 2024 in light of an apparent stabilisation of global interest rates, lower levels of inflation, and a perceived correction in previously overinflated market valuations.

M&A 180
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Beamer buys Userflow to build a consolidated product engagement platform

TechCrunch: M&A

It’s M&A season in a tough tech jobs market. This morning, Beamer, a Boulder, Colorado-based company developing tools for businesses to reach users through their apps (e.g. via push notifications), announced that it’s acquiring Userflow, a user onboarding software startup, for $60 million. Beamer CEO Satya Ganni says that the purchase, which is being financially […] © 2024 TechCrunch.

M&A 206
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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Paul Tudor Jones says the U.S. economy is on an 'unsustainable' path, threatening markets

CNBC: Investing

Billionaire hedge fund manager Paul Tudor Jones said the U.S. economy could run into major problems down the road due to its burgeoning fiscal deficits.

Funds 132
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CME Group to launch US corporate bond index futures this summer

The TRADE

CME Group is set to expand its interest rate complex with the launch of US corporate bond index futures in summer 2024, subject to regulatory review. The new futures contracts will be based on the Bloomberg US corporate index and the Bloomberg US high yield very liquid index. The two indexes measure the performance of investment grade corporate bonds and a liquid, diversified component of the high yield corporate bond market, respectively. “As corporate debt issuance continues to increase

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SEC Slaps SPAC for Hiding Preliminary M&A Talks: Lessons for Other Public Companies

JD Supra: Mergers

On January 25, 2024, the SEC announced the settlement of cease-and-desist proceedings against Northern Star Investment Corp. II, a special purpose acquisition company (SPAC). The SEC alleged that the company failed to disclose preliminary de-SPAC negotiations with a target company in its IPO prospectus and falsely disclosed that it had not identified any potential targets or engaged in substantive discussions.

M&A 180
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AI is changing the cybersecurity game. And new strategies are needed to win.

Global Banking & Finance

AI is changing the cybersecurity game. And new strategies are needed to win. By: Lloyd Webb, VP sales engineering, EMEA, SentinelOne Generative AI has opened the door to a new and sophisticated set of threats to the enterprise. Adversaries are using the technology to execute machine speed attacks with less dwell time.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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NYU's 'Dean of Valuation' says Nvidia is 'particularly overpriced' after its surge this year

CNBC: Investing

Nvidia, which has outpaced its peers in the "Magnificent Seven," looks especially expensive after its 37% advance in 2024.

Valuation 141
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EIB Investment Report 2023/2024

European Investment Bank

The European economy is under pressure. Growth is slowing and competitive challenges are rising, all while EU firms navigate the demands of the green transition. Coordinated support from national governments and EU institutions proved critical after the COVID-19 pandemic, helping Europe to bolster its resilience to future shocks and spurring the investment needed to transform and modernise the economy.

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European Commission Unveils Plan Aimed at Strengthening Economic Security

JD Supra: Mergers

The Development: On January 24, 2024, the European Commission ("EC") unveiled a package of five fresh initiatives aimed at strengthening the European Union's ("EU") economic security (the "Package"). This will likely increase the walled-garden approach of the EU market with expanded control of inbound investments and possibly also novel restrictions on outbound investments.

Economics 180
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Adam Neumann Wants to Take Over WeWork

The New York Times: Mergers, Acquisitions and Dive

Adam Neumann, the co-working company’s onetime chief, has sought for months to buy the now-bankrupt business, but accuses its current leaders of stonewalling him.

Business 110
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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Cathie Wood is standing by Tesla amid sharp sell-off, betting on robotaxi cycle in 2 years

CNBC: Investing

Ark Invest's Cathie Wood said she's standing by her bullish thesis on Tesla and is buying the dip in the electric vehicle company as the stock sold off.

Stock 120
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‘Zombie Offices’ Spell Trouble for Some Banks

The New York Times: Banking

Bank tremors serve as a reminder: Just because a crisis hasn’t hit immediately doesn’t mean commercial real estate pain isn’t coming.

Bank 119
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Increased Investment Canada Act Review Thresholds Announced for 2024

JD Supra: Mergers

The Canadian government has increased the monetary thresholds to determine whether a net benefit review of a foreign investment in Canada is required under the Investment Canada Act for 2024. All acquisitions of control of Canadian businesses by non-Canadian investors are subject to the Investment Canada Act.