In a statement Discord said, it has raised $500 million in a funding round led by investment firm Dragoneer Investment Group. Previously Bloomberg News had reported the value of the deal at around $15 billion. Discord declined comment on the… Read More ›
investment firm
DOJ begins investigation into Archegos Capital Management’s collapse
The U.S. Department of Justice has begun an investigation on the collapse of Bill Hwang’s Archegos Capital Management, which cost large global banks more than $10 billion in losses. To this end, federal prosecutors in Manhattan have sent requests for… Read More ›
Former Goldman Sachs’ managing director Adam Korn joins Sixth Street as CIO
Adam Korn, a former managing director at Goldman Sachs who played a key role in the bank’s embrace of technology, has joined Sixth Street Partners, an investment firm, as its new chief information officer. Earlier this year, Korn left his… Read More ›
Starbucks enters into strategic partnership with Sequoia Capital China
On Monday, Starbucks said it has entered into a strategic partnership with Sequoia Capital China, an investment firm, which will will see the two companies making strategic join investments in China’s technology sector. In a statement Starbucks said, the partnership… Read More ›
Franco-German Doctolib gains unicorn status in latest funding round
Its latest funding round included existing investors including investment firm Eurazeo, France’s state-owned investment bank Bpifrance and venture funds Kernel and Accel. Doctolib, a Franco-German startup which created an online booking platform for doctors stated, it has raised 150 million… Read More ›