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Top related persons:
Dado Ruvic - 1 Ihor Dusaniwsky - 1 Dusaniwsky - 1 Steve Sosnick - 1 Saqib Iqbal Ahmed - 1 Nick Zieminski - 1
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lendable
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REUTERS - 1 Arm Holdings - 1 Nasdaq - 1 Partners - 1 Interactive - 1 Thomson - 1

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3 mentions found


☆ Short sellers must wait to take a stab at SoftBank's Arm Holdings soaring shares
  + stars: | 2023-09-14 | by ( Saqib Iqbal Ahmed | ) www.reuters.com   time to read: +2 min
A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNEW YORK, Sept 14 (Reuters) - Investors looking to bet against the soaring shares of newly-listed Arm Holdings (ARM.O) may have to wait at least a day before the stock becomes available for shorting, analysts said. Shares in SoftBank's Arm Holdings (ARM.O) opened 18% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at nearly $60 billion in its return to the public markets after seven years. "I have every reason to believe that when ARM options are listed they will be very popular," said Steve Sosnick, chief strategist at Interactive Brokers. Arm shares were last up 15.80% at $59.06.
Persons: Dado Ruvic, Ihor Dusaniwsky, Dusaniwsky, Steve Sosnick, Saqib Iqbal Ahmed, Nick Zieminski Organizations: REUTERS, Arm Holdings, Nasdaq, Partners, Interactive, Thomson Locations: lendable
☆ The funding environment for female founders in Europe is set to remain equally dire in 2022, new report shows
  + stars: | 2022-12-08 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +4 min
The investment landscape for female founders has remained equally dire in 2022, a new report has found. The funding environment for female founders in Europe is set to remain equally dire in 2022, a new report has predicted. AtomicoThere are a number of initiatives and funds targeted towards early-stage startups with women founders. Just 12% of Europe's general partner roles were filled by women in 2021, according to last year's State of European Tech report. The updated report found women founders are "almost just as likely" to begin angel investing as their men counterparts, creating a positive flywheel.
☆ This Y Combinator-backed fintech provides loans to small businesses in Africa. Check out the 10-slide pitch deck Numida used to raise $12.3 million.
  + stars: | 2022-09-28 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
Numida, a Ugandan fintech that offers credit to small businesses, has raised $12.3 million in new funding. The startup, which was founded by three Canadian Y Combinator graduates in 2015, wants to expand access to working capital for businesses across Africa. Numida believes there are 20 million small and micro businesses lacking working capital, an opportunity it values at around $5 billion. "Our initial process was simple: How do we provide the best form of working capital to excluded people?" Serena Williams' fund Serena Ventures is leading a $7.3 million portion of equity funding alongside Breega, 4Di Capital, Launch Africa, Soma Capital, Y Combinator, and MFS Africa.
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