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☆ Pitch Decks That Advertising Tech Startups Used to Raise Millions
▼ + stars: | 2023-01-10 | by ( Business Insider | ) www.businessinsider.com time to read: +19 min

Check out these pitch decks that they've used to sell their vision and raise millions from private equity and VC investors. Blocking ad fraudAdtech startup Lunio, announced a $15 million Series A funding round in September 2022. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Marketing in the metaverseAnima, an augmented-reality startup, raised a $3 million funding round from investors in Janury. He raised $50 million in Series D after closing a $34 million Series C last year, bringing its total raised to $100 million.

☆ Here's what mattered in hedge funds and asset and wealth management in 2022
▼ + stars: | 2022-12-28 | by ( Jeffrey Cane | ) www.businessinsider.com time to read: +4 min

To be sure, some big investors like macro hedge funds have been notable exceptions to the market gloom. As we do our own account settling for the year, here is some of our best reporting on the buy-side: hedge funds, asset managers, and wealth management. Tiger, Tiger burning bright. Four years later, the hedge fund, founded by two former Millennium executives, has yet to live up to the lofty expectations for it. Among the money managers benefiting from these political moves are Bank of New York Mellon and Federated Hermes.

☆ Analysis: European food delivery shapes up with Getir's Gorillas buy
▼ + stars: | 2022-12-11 | by ( ) www.reuters.com time to read: +6 min

QUICK COMMERCEThe Gorillas acquisition makes Getir Europe's largest quick commerce company. LESS CAPITAL, FEWER COUPONSMore than a dozen smaller European quick commerce companies failed or were acquired since mid-2021. While profits may still be distant for the privately-held quick commerce companies, Europe's listed meal delivery companies have all set formal targets for earnings before interest, taxes, depreciation and amortisation (EBITDA). Shares in the European delivery companies are down around 60% from a year ago, but have traded sideways since June. So to "all the naysayers saying 'quick commerce is over - No.

☆ Check out the 12-page pitch deck that raised $5 million for a live events startup backed by Mark Cuban
▼ + stars: | 2022-12-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Recess, an experiential marketing platform, just raised $5 million in Series A funding. It matches marketers like DoorDash and Milk Bar with events and venues such as WeWork, SoulCycle, and concerts. Backed by Mark Cuban, Recess is trying to grow the market by automating what's traditionally been a manual process. Events and venues can list themselves on its platform for free, and marketers enter parameters like date, event type, and reach. Recess grew out of a media and events company, The Recess Music & Ideas Festival, started by Indiana University alums Jack Shannon and Deuce Thevenow.

☆ 'Easy to bully': A corporate landlord in Cincinnati is aggressive in trying to evict tenants, critics say
▼ + stars: | 2022-11-22 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com time to read: +13 min

“We had the exact same story and the exact same company — VineBrook Homes,” Allen told NBC News. VineBrook Homes Trust Inc., which owns over 3,000 single-family homes in the Cincinnati area, is one of the most aggressive landlords in bringing eviction proceedings against its residents, they say. A big institutional owner of over 24,000 single-family homes in mostly lower-income areas, VineBrook Homes is a real estate investment trust (REIT) with properties in 18 states, including Alabama, Indiana, Missouri and Mississippi. “I left in Dec. 2021,” Jenkins told NBC News. Vinebrook Homes owns over 3,000 single-family homes in the Cincinnati area, including many in suburbs like North College Hill.

☆ Check out the pitch deck that helped Recess, a Mark Cuban-backed startup that's disrupting live events, raise $5 million
▼ + stars: | 2022-11-10 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Recess, an experiential marketing platform, just raised $5 million in Series A funding. Recess, an experiential marketing platform, just raised $5 million in Series A funding led by Data Point Capital and Spring Mountain Capital, bringing its total fundraise to $11.5 million, the company said. Recess' pitch is that it takes the time and hassle out of a cumbersome process of researching and coordinating events sponsorships. Recess then matches marketers with events and handles logistics like contracts, insurance verification, and pre-event coordination. Recess grew out of a media and events company, The Recess Music & Ideas Festival, started by Indiana University alums Jack Shannon and Deuce Thevenow.

☆ Biogen hires former Sanofi head Viehbacher as CEO
▼ + stars: | 2022-11-10 | by ( Manas Mishra | ) www.reuters.com time to read: +2 min

The appointment of Viehbacher, who founded private equity firm Gurnet Point Capital after being ousted from French drugmaker Sanofi (SASY.PA) in 2014, concludes a months-long search for a successor to Michel Vounatsos. "The selection of a new CEO has been front-of-mind for Biogen investors since Mr. Vounatsos' announced departure," said Wedbush analyst Laura Chico. Investors and analysts are now pinning their hopes on the second Alzheimer's drug Biogen is developing with Japan's Eisai Co Ltd (4523.T) after it slowed the progress of the memory-robbing disease by 27% in a trial. Viehbacher served as chief executive of Sanofi for six years and was instrumental in the company's $20 billion deal for Genzyme in 2011. Viehbacher will step into his role on Nov. 14, Biogen said.

☆ PayPal's "prudent" revenue growth forecast cut sinks shares
▼ + stars: | 2022-11-03 | by ( Mehnaz Yasmin | ) www.reuters.com time to read: +2 min

Nov 3 (Reuters) - Online payments firm PayPal Holdings Inc (PYPL.O) cut its annual revenue growth forecast in anticipation of a broader economic downturn and said it did not expect much growth in its U.S. e-commerce business in the holiday quarter. The San Jose, California-based company cut its adjusted growth outlook for the year to 10% from 11% previously. Chief Executive Daniel Schulman blamed "a challenging macro environment, slowing e-commerce trends and an unpredictable holiday shopping season" for the company's prudent forecast. "We think that e-commerce is going to be pretty muted in the fourth quarter," Schulman said in a post-earnings call. Last week, payments giant Mastercard Inc (MA.N) also forecast weaker-than-expected revenue growth for the holiday quarter.

☆ OutThink raises $10 mln to track human errors behind data breaches
▼ + stars: | 2022-10-18 | by ( Juliette Portala | ) www.reuters.com time to read: +2 min

SummarySummary Companies AlbionVC backs OutThink's $10 million seed funding roundFinancing to speed up the firm's international distributionCo to help identify human behaviour behind data breachesOct 18 (Reuters) - London-based cybersecurity company OutThink has raised $10 million in early-stage investments backed by venture capital firm AlbionVC, it said on Tuesday, as it looks to help organisations identify human behaviour that can lead to data breaches. The company, which says human behaviour is the source of 91% of data breaches, uses machine learning, natural language processing and applied psychology to identify, understand and manage the attitudes, intentions and sentiment of individuals. The financing, in which TriplePoint Capital, Forward Partners, Gapminder and Innovate UK took part, brings the firm's total funding to $11.4 million. OutThink said its platform was used by major organisations, including Whirlpool (WHR.N), Danske Bank (DANSKE.CO), Rothschild (ROTH.PA) and NatWest (NWG.L). Register now for FREE unlimited access to Reuters.com RegisterReporting by Juliette Portala, editing by Supantha Mukherjee and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Gen Z banking app Step, backed by the likes of Charli D'Amelio and Steph Curry, just raised $300 million in debt funding and launched crypto investing as it surpasses 3.5 million accounts
▼ + stars: | 2022-10-11 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +6 min

Step, a banking app designed for teens, said Tuesday it raised $300 million in debt. Step has now raised $500 million in equity and debt from a bevy of venture and celebrity backers. On Tuesday, financial-technology startup Step announced $300 million in debt funding led by venture-debt specialist TriplePoint Capital, with participation from Step's banking partner, Evolve Bank & Trust. The startup has previously raised $200 million in equity funding since launching in 2018. "In a matter of just the last couple of years, there's been a lot of volatility" in crypto, MacDonald said.

☆ Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more
▼ + stars: | 2022-09-28 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Apple — Apple shares fell 3.4% on Wednesday following a report that the company is ditching plans to boost new iPhone production. Instead of aiming to increase output by 6 million units in the second half of the year as it had planned, it will shoot for 90 million units, unchanged from the prior year, according to Bloomberg. Biogen — Shares of the biopharmaceutical company soared 37% following upbeat results from its experimental Alzheimer's drug study and a slew of upgrades from analysts. Biogen and its Japanese partner Eisai said the drug reduced cognitive decline by 27% and slowed the progression of the disease. Canopy Growth — Shares of the cannabis company were up 2.6% on plans to pull back from its retail operations in Canada.

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