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Top related persons:
Pedro Fiúza - 1 hasn't - 1 eToro - 1 Fintech - 1 doesn't - 1
Top related locs:
Lisbon Portugal eToro
Top related orgs:
Nurphoto - 1 Getty Images Stock - 1 CNBC - 1 Investors - 1 Vision - 1 ION Investment Group - 1 Velvet Sea Ventures - 1 Twitter - 1

Search resuls for: "Pedro Fiúza"


4 mentions found


☆ Robinhood rival eToro agrees $120 million share sale at discounted valuation
  + stars: | 2023-07-31 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
Pedro Fiúza | Nurphoto | Getty ImagesStock trading platform eToro agreed to a $120 million secondary share sale, giving the company a slightly lower valuation than the $3.5 billion it was valued at in a primary funding round earlier this year. The round is a secondary share sale, meaning the company hasn't issued any new shares and won't net any income from the transaction. eToro is not raising money — rather it is a moment for some long standing shareholders and employees to take some liquidity. EToro most recently raised $250 million from investors at a $3.5 billion valuation, far lower than the $10 billion it was seeking in its bid to float via SPAC. EToro agreed it would convert the investment to equity on the condition that the SPAC deal doesn't go ahead — which it didn't.
Persons: Pedro Fiúza, hasn't, eToro, Fintech, doesn't Organizations: Nurphoto, Getty Images Stock, CNBC, Investors, Vision, ION Investment Group, Velvet Sea Ventures, Twitter Locations: Lisbon, Portugal, eToro
☆ Binance boss CZ shows what he thinks of the trading violations lawsuit with an enigmatic tweet: '4'
  + stars: | 2023-03-28 | by ( ) www.businessinsider.com   time to read: +2 min
Binance boss Changpeng Zhao "CZ" Photo by Pedro Fiúza/NurPhoto via Getty ImagesBinance boss CZ showed what he thinks of trading violations lawsuit with an enigmatic tweet: "4"He was referring to one of his four principles: "Ignore FUD, fake news, attacks, etc." CZ said he eats his company's "dog food" by storing his personal crypto on his exchange. Binance boss Changpeng Zhao showed what he thinks of the Commodities Futures and Trading Commission (CFTC) lawsuit against him and the exchange with a cryptic, enigmatic tweet of the number "4." I eat our own dog food and store my crypto on Binance.com," he said. In other words, if a company's dog food is as high quality as advertised, it should be good enough for its employees to eat.
☆ Some of Wall Street's top commentators fear a recession is at hand as rates set to go higher for longer
  + stars: | 2023-03-09 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Yesterday on Capitol Hill, Jerome Powell reiterated his warning that the Fed's more than ready to keep jacking up rates if necessary. Inflation hasn't gone away as easily as policymakers want, and Powell thinks that may just warrant a steeper policy path. That's not the most reassuring assessment of the situation as some of the biggest commentators in markets are saying a recession is right around the corner. The exec also broke down how to use the strategy in today's stock market to make extremely cheap bets that garner "through the roof" returns. Fannie Mae's Home Purchasing Sentiment Index dropped this week while mortgage rates moved higher.
☆ Tech's ultimate nepo babies: Meet the Drapers, the first family of Silicon Valley
  + stars: | 2023-01-23 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +10 min
The billionaire Tim Draper is part of a lineage often lauded as Silicon Valley's premier VC family. As far as powerful professional networks go, it's hard to top the Draper family tree. Draper's venture-capital career began in the 1950s at his father's own trailblazing firm, Draper, Gaither, and Anderson, an early entrant in a new field. Meet the Draper family, the ultimate tech nepo babies and Silicon Valley royalty. Jesse DraperJesse Draper founded Halogen Ventures, which counts her father as an advisor.
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