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☆ The founders of Web3 startup QuickNode managed to raise $60 million, valuing the company at $800 million — even after the fall of FTX. Here's how they did it.
▼ + stars: | 2023-01-24 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Web3 infrastructure company QuickNode has raised $60 million at an $800 million valuation. That's illustrated by the blockchain infrastructure company QuickNode, which just announced $60 million in Series B funding at an $800 million valuation. That's helped QuickNode quadruple its revenue over the past year, Alex Nabutovsky, QuickNode's CEO and cofounder, told Insider. QuickNode's founders decided it was best to put off raising a Series B and focus on their company's growth. Back then, QuickNode's founders received a term sheet in a matter of days, capped off with a meal at the trendy restaurant Carbone.

☆ Creator economy experts say 2023 will be a buyer's market for M&A. Here are 5 themes to watch, from tech buyers like Shopify to startup consolidation
▼ + stars: | 2022-12-30 | by ( Marta Biino | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

"As a result, institutional acquirers, like PE firms who still have dry powder to spend, will start snatching up mid-to-large sized creator startups at much more advantageous prices." Insider spoke with creator-economy and market experts about what deals and the broader M&A landscape in 2023 may look like. "They're going to see that the creator economy exists as a direct failure of them to support creators," Gestetner said. "But if an opportunity arises for us to significantly enhance our capabilities to make us a better business powering the creator economy, we'll consider it." Startups can expect consolidation in saturated marketsThe crowded niches within the creator economy startup sphere could also face a wave of consolidation.

☆ It's just the beginning of M&A in the creator economy. Industry experts predict 2023's top trends, and the buyers and sellers to watch.
▼ + stars: | 2022-12-19 | by ( Marta Biino | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

"As a result, institutional acquirers, like PE firms who still have dry powder to spend, will start snatching up mid-to-large sized creator startups at much more advantageous prices." "They're going to see that the creator economy exists as a direct failure of them to support creators," Gestetner said. "But if an opportunity arises for us to significantly enhance our capabilities to make us a better business powering the creator economy, we'll consider it." Startups can expect consolidation in saturated marketsThe crowded niches within the creator economy startup sphere could also face a wave of consolidation. In the creator economy, companies bet on the fact that YouTube advertising revenue on the videos will increase as the audiences of creators grow and they gain more views.

☆ Founder of Russian private militia accuses France in Central African Republic attack
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +4 min

Dec 16 (Reuters) - The head of a Russian private militia accused France of attempting to assassinate the head of a Russian representative office in the Central African Republic, who was seriously injured on Friday after opening a mail bomb. Yevgeny Prigozhin, founder of the once-secretive Russian private military contractor Wagner Group, which has supported Central African Republic's (CAR) army since 2018 but gained wider attention with its role in Russia's war in Ukraine, blamed France for the attack. He said he had asked Russian Foreign Ministry to open the procedure for declaring France a state sponsor of terrorism. Prigozhin called Syty "a patriot of Russia and the Central African Republic". Last year, a United Nations report said Russian military instructors and local troops in the Central African Republic had targeted civilians with excessive force, indiscriminate killings, occupation of schools and large-scale looting.

☆ Russian Wagner founder accuses France of being behind attack on Russian official in CAR
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: 1 min

Dec 16 (Reuters) - The founder of the Russian private military company Wagner accused France on Friday of being behind an assassination attempt on a Russian official who was wounded by a parcel bomb in the Central African Republic. "Before losing consciousness, Dmitry Syty managed to say: 'I saw a note: This is for you from all the French, the Russians will get out of Africa'," Yevgeny Prigozhin, a close ally of Russian President Vladimir Putin, said in a statement posted on Telegram. "I have already applied to the Ministry of Foreign Affairs of the Russian Federation to initiate the procedure for declaring France a state sponsor of terrorism, as well as a thorough investigation of the terrorist methods of France and its Western allies - the United States and others," Prigozhin said. Reporting by ReutersOur Standards: The Thomson Reuters Trust Principles.

The young Russians who fled their country for neighboring Kazakhstan to avoid being conscripted to fight in Ukraine all want to go home one day. “I feel very sad, because, actually, I love Russia,” a 25-year-old Muscovite told NBC News in the biggest city in Kazakhstan, Almaty, a prime destination for Russians avoiding conscription. The young man, who was a juggler and a street performer before he left three weeks ago, said he already feels homesick for Mother Russia. Asked what drove him into exile, the Muscovite said: “Well, firstly, because of this conscription stuff happening now in Russia. Some of those who have left, he said, intend to stay in Kazakhstan, while others see the country as a “trampoline” to somewhere else in Europe.

☆ Russian retail chain Williams et Oliver considers IPO within five years
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, Oct 17 (Reuters) - Russian homeware goods retailer Williams et Oliver is considering an initial public offering in the next five years, the financial director of parent company Patriot Group said on Monday. "There are plans," Marina Shevlyakova, financial director of Patriot Group, told an online conference marking Patriot's debut placement of three-year bonds worth 200 million roubles ($3.23 million). We have plans to take a leading position (in the sector), and the only path for a market leader is an IPO," she said. Williams et Oliver aims to increase annual revenue to 2.3 billion roubles by 2025, from 861 million roubles in 2021, and boost net profit to 134 million roubles, from 61 million roubles. Patriot Group head Dmitry Shirokov said Williams et Oliver plans to expand in Russia and enter Kazakhstan.

☆ Rouble hits multi-month low on Ukraine escalation fears
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

By 1201 GMT the rouble was down 1.2% against the dollar at 63.44 after touching 63.9975 for its weakest since July 7. The rouble has been supported by capital controls and a collapse in imports since Western sanctions were imposed over Russia's actions in Ukraine and companies left the market in droves. Promsvyazbank analyst Yevgeny Loktyukhov pointed to escalation in Ukraine and a pullback in oil prices as a reason for the rouble's slide. Brent crude oil , a global benchmark for Russia's main export, was down 1.7% at $94.58 a barrel at 1200 GMT. Russian stock indexes, which were dragged sharply lower by Gazprom (GAZP.MM) in the previous session, were regaining some ground.

☆ Rouble hits multi-month low past 64 vs dollar on Ukraine escalation fears
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

By 1409 GMT the rouble was down 2.1% against the dollar at 64.03 , its weakest since July 7. The rouble has been supported by capital controls and a collapse in imports since Western sanctions were imposed over Russia's actions in Ukraine and companies left the market in droves. Already blighted by Western sanctions, Russia's economy now faces a more self-inflicted blow, with President Vladimir Putin's military mobilisation drive threatening to undermine productivity, demand and recovery. Promsvyazbank analyst Yevgeny Loktyukhov pointed to escalation in Ukraine and a pullback in oil prices as a reason for the rouble's slide. Brent crude oil , a global benchmark for Russia's main export, was down 2.3% at $94.0 a barrel at 1410 GMT.

☆ Silicon Valley's not-so-secret thing for turning everyone into millionaires is angel investing. Here's how they do it.
▼ + stars: | 2022-10-11 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

Once only for the superrich, angel investing is now open to anyone with a few thousand dollars. With an estimated 360,000 active angel investors, it's become a favorite pastime in Silicon Valley. "It felt like gambling," David Spreng, a veteran venture-debt investor who's been angel investing as a side hustle for more than a decade, said. He wrote his first angel check shortly thereafter, a $1,000 investment in an electric-aircraft maker. The currency of Silicon Valley"Your currency, for lack of a better term, in Silicon Valley is you either started a company or you angel invest, right?"

☆ Regulations Set to Be Issued This Year Will Determine Course of Deep-Sea Mining
▼ + stars: | 2022-09-30 | by ( Yusuf Khan | ) www.wsj.com time to read: +5 min

The International Seabed Authority, a United Nations observer organization, is drawing up a regulatory framework for deep-sea mining based on data collected from explorations conducted by TMC and other ventures to inform its decisions. PREVIEWThe ISA is expected to meet member nations in March, when deep-sea exploration and its regulations are expected to be discussed. TMC started conducting pilot testing in September 2022 to determine whether deep-sea mining would harm the environment. For most mining companies, exploration licenses usually are a significant step in attracting funds, but the lack of clarity around the legality of deep-sea mining is creating a barrier. TMC remains key but not imperative to the lobbying push to change or confirm regulations on mining of the deep sea, industry participants said.

☆ How the Russian officer elite was decimated in Ukraine – 29 generals and commanders who were killed in action
▼ + stars: | 2022-05-01 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +17 min

Vitaly GerasimovMaj. Gen. Vitaly Gerasimov became the second senior Russian commander reported to be killed after Ukrainian military intelligence claimed he was shot dead in Kharkiv. Ivan GrishinColonel Ivan Grishin, commander of Russia's 49th Anti-Aircraft Missile Brigade, died in Ukraine, according to the Armed Forces of Ukraine. Vyacheslav SavinovLieutenant Colonel Vyacheslav Savinov, who headed Russian artillery intelligence, was killed in Ukraine, a Russian artillery school confirmed. A damaged Russian military vehicle is seen after Russian Forces withdrawal as Russia-Ukraine war continues in Izium, Kharkiv Oblast, Ukraine on September 14, 2022. The Ukrainian military said that Botashev was killed when a Russian Su-25 attack aircraft was shot down over the Lugansk region.

Persons: Михаил Ведерников

☆ Погиб один из ведущих гроссмейстеров Молдавии Дмитрий Светушкин
▼ + stars: | 2020-09-05 | by ( ) ru.diez.md time to read: +1 min

Федерация шахмат Республики Молдова объявила сегодня о смерти в 40-летнем возрасте великого международного мастера Дмитрия Светушкина. Светушкин был чемпионом Республики Молдова, членом Национальной олимпийской сборной, представителем Республики Молдова на десяти Всемирных шахматных Олимпийских играх, президентом Совета тренеров Шахматной федерации и тренером мужской национальной сборной Республики Молдова. В 2002 году Международная шахматная федерация (ФИДЕ) присвоила Дмитрию Светушкину звание гроссмейстера. «Для всех нас было огромной честью иметь его рядом, своим собственным примером он мотивировал нас быть ответственными, преданными и справедливыми. Our deepest condolences to his… Posted by FIDE – International Chess Federation on Friday, September 4, 2020Читайте нас в Telegram!

Persons: Dmitry Svetushkin, Дмитрий Светушкин, Светушкин Organizations: FIDE –, Chess Federation, Федерация шахмат, Национальная олимпийская сборная, Совет тренеров, Шахматная федерация, Международная шахматная федерация (ФИДЕ), FIDE, Telegram! Locations: Республика Молдова

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