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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr FTX investor weighs in on SBF sentencing, FTX and crypto outlookArjun Sethi, Tribe Capital Co-Founder, joins 'Closing Bell: Overtime' to discuss the Sam Bankman-Fried trial and sentencing and what it means for the crypto industry.
Persons: FTX, Arjun Sethi, Sam Bankman Organizations: Tribe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's startup ecosystem is still moving 'pretty slowly,' venture capital firm CEO saysArjun Sethi, Tribe Capital co-founder and CEO, says India is still "frozen at the mid and late stage."
Persons: Arjun Sethi Organizations: Tribe Capital Locations: India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2023 Global Services Location Index: Talent regeneration is vital, says consultancyArjun Sethi of Kearney discusses the 2023 Kearney Global Services Location Index and says "the talent landscape has changed dramatically."
Persons: Arjun Sethi, Kearney
Tribe Capital may lead a $250 million funding round to reboot FTX, according to Bloomberg. Tribe's cofounder Arjun Sethi held talks with the failed crypto exchange in January, sources said. The VC firm and its partners could provide $100 million to fund the relaunch, Bloomberg said. Tribe Capital is considering leading a $250 million fundraising effort to help reboot the failed crypto exchange, Bloomberg said, citing people familiar with the matter. Tribe's proposal in January would relaunch FTX US, FTX Australia, FTX Japan, FTX EU, FTX International and LedgerX, Bloomberg said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAvailability of raw materials and commodities has been 'pushing' FDI into Indonesia: ConsultancyArjun Sethi of Kearney says the work that Asia has done on tax regimes, regulatory issues and digital infrastructure has helped increase foreign direct investments into the region.
At some Silicon Valley Bank branch locations in California, depositors gathered early Friday to attempt to get their cash out, fearing it could be inaccessible in the coming days. It has had financial relationships with a who’s who of Silicon Valley firms over the years, including Snapchat's parent Snap Inc (SNAP.N). A locked door to a Silicon Valley Bank (SVB) location on Sand Hill Road is seen in Menlo Park, California, U.S. March 10, 2023. A Silicon Valley Bank spokeswoman didn't immediately respond to a request for comment sent Friday. As of Friday, FarmboxRx’s funds were still tied up with Silicon Valley Bank.
March 10 (Reuters) - The sudden collapse of Silicon Valley Bank on Friday sent shockwaves through the startup community, which has come to view the lender as a source of reliable capital, particularly for some of tech’s biggest moonshots. It has had financial relationships with a who’s who of Silicon Valley firms over the years, including Snapchat's parent Snap Inc (SNAP.N)Snap declined to comment. A Silicon Valley Bank spokeswoman didn't immediately respond to a request for comment sent Friday. Uncertainty swept through Silicon Valley as startup founders and venture capital firms worried they could, among other things, fail to make payroll. As of Friday, FarmboxRx’s funds were still tied up with Silicon Valley Bank.
Following the bank’s collapse on Friday, uncertainty in the startup community only grew. Founders Fund, an influential venture capital firm founded by billionaire Peter Thiel, reportedly advised its portfolio companies to pull money from the bank. “SVB is the most important capital provider to tech startups and the biggest supporter of the community,” he said in a tweet. “Now is the time to support them.”The rapidly unfolding fallout at Silicon Valley Bank comes at a challenging moment for the tech industry. Now, the bank’s collapse risks compounding the industry’s cash crunch and broader turbulence.
Three former employees filed complaints alleging gender discrimination at Carta. In a statement she told Insider that she was not fired and did not leave the company due to any gender discrimination issues. "I do not feel that I experienced any gender discrimination or any unfair or sexist treatment during my employment at Carta," she said in the statement. Shortly after Johnson's firing, Carta's chief technology officer, Jerry Talton, filed a complaint with Carta's board expressing concerns about her termination and about larger issues of gender discrimination and retaliation at the company. Carta's internal investigationFollowing Talton's complaint, Carta hired the white-shoe law firm Paul, Weiss to investigate the claims, a person familiar with the matter said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAt the time of our FTX investment, there were no red flags, says Tribe Capital's Arjun SethiArjun Sethi, Tribe Capital co-founder and CEO, joins 'Squawk on the Street' to discuss his company's investment in FTX, if Sethi felt misled before the firm's investment in FTX and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArjun Sethi of Tribe Capital on institutional adoption of crypto servicesCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Arjun Sethi of Tribe Capital discusses investing in early-stage crypto projects and the outlook for more crypto businesses going public.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin mining difficulty hits record high, and Huobi founder sells entire stake: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Arjun Sethi of Tribe Capital discusses investing in early-stage crypto projects and the outlook for more crypto businesses going public.
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