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Bienville - 2 Omri Bloch - 2 Stephanie Palazzolo - 2 Melia Russell - 2 Fractal's - 1 he'd - 1 they'd - 1 Andreessen Horowitz - 1
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Search resuls for: "Fractal's"


4 mentions found


☆ Startup studio Fractal created 130 companies in 3 years. Founders say the deal structure has led VCs to 'blacklist' them.
  + stars: | 2023-06-29 | by ( Melia Russell | Stephanie Palazzolo | ) www.businessinsider.com   time to read: +19 min
www.fractalsoftware.comOf the dozens of Fractal startups that have raised a seed round of funding, about half had Bienville Capital lead the deal, according to people familiar with the matter. Others say they knew what they were getting into with a venture studio, where a large ownership position is standard. Brendan Smialowski/AFP via Getty ImagesThe biggest draw for some Fractal founders was its plug-and-play approach. The founder of one Fractal startup remembered a time when his company was struggling to grow its customer base. That firm is raising a new $325 million fund to provide additional funding to Fractal companies exclusively, according to a person familiar with the effort.
Persons: Fractal's, he'd, they'd, Andreessen Horowitz, Mike Furlong, Nate Baker, Bienville, —, Brendan Smialowski, Founders, Angela Lee, Furlong, Baker, Ezra Shaw, who'd, who's, It's, Lee, She's, 8VC, Bain, Jeff Greenberg, Omri Bloch, who've, didn't, Stephanie Palazzolo, Melia Russell Organizations: Flatiron Health, Bienville, Insight Partners, Bienville Capital, Getty, Columbia Business School, Alpha, Midwest, Science, Olympic Club, Tiger Global, Craft Ventures, Founders, Vertical Venture Partners, Zag, Crew Capital, Bain Capital, Universal, Foundation, Fifth Locations: Bienville Capital, New York, Bienville, Indio, AFP, Santa Monica , California, Miami, San Francisco, GreenSpark, Columbia, Barti, Aktos, Bessemer, 8VC
☆ Exclusive: Fractal, a New York venture studio, is laying off staff and will stop creating new startups
  + stars: | 2023-06-01 | by ( Melia Russell | Stephanie Palazzolo | ) www.businessinsider.com   time to read: +8 min
The venture studio Fractal Software will no longer start new companies, Insider has learned. Fractal Software, a venture studio that creates startups by hatching its own ideas and hiring founders to execute, has laid off staff and will stop starting new companies, Insider has learned. At least 28 employees, about 25% of staff, have left Fractal in the past six months, according to LinkedIn. Fractal confirmed layoffs occurred starting in December, but would not specify the number of employees affected. Fractal has a few more startups in the pipeline, with a goal of launching 145 companies, two people familiar with the company's strategy said.
Persons: Omri Bloch, That's, Joe Lonsdale's 8VC, Bienville, Melia Russell, Stephanie Palazzolo Organizations: New, Software, Investors, Tiger Global, Bienville Capital, Securities and Exchange Commission, Twitter Locations: New York, 8VC, Bienville
☆ This property tech startup offers fractional home ownership to wealthy individuals. Check out the 16-slide pitch deck Fractal Homes used to raise $30 million.
  + stars: | 2023-01-09 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
London-based startup Fractal Homes has raised $30 million in debt and equity funding. The property tech company offers fractional home ownership for wealthy individuals from MENA. Fractal Homes, a property tech startup that helps wealthy individuals purchase second homes in desirable cities, has raised $30 million in debt and equity funding. To date, wealthy individuals from the MENA region have struggled to access the European housing market, Fractal claims. Check out Fractal Homes' pitch deck below:
☆ Russian oil sanctions fuel boom for old tankers
  + stars: | 2022-12-05 | by ( Julia Payne Jonathan Saul | Julia Payne | Jonathan Saul | ) www.reuters.com   time to read: +9 min
LONDON, Dec 5 (Reuters) - The market for old oil tankers is booming, and it's all down to efforts by Western nations to curb trade in Russian crude. The European Union banned all seaborne Russian crude imports from Dec. 5, with a fuel import ban to follow in February. PRICE SURGEMajor Western oil companies typically stop using tankers when they are about 15 years old, and many would be scrapped. More tankers are now being used for voyages taking weeks, shipping Russian oil from the Baltic and Black Sea to Asia, whereas Russian oil was mainly sold in Europe previously and the voyages only took a few days. Ship broker Braemar also said that some of the vessels involved in shipping Iranian and Venezuelan oil were shifting to transporting Russian oil.
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