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Wall Street wins again: Affirm IPO leaves $1.23 billion (at least) on the table

Here we go again. You’d think that proliferation of direct listings and SPACs last year that enable founders, venture capitalists and big investors to take enterprises public their way would be loosening Wall Street’s grip on the IPOs––a longstanding bonanza for investment banks. But in 2020, 194 tradtional IPOs, the highest total since 2014, got […]

Model Winnie Harlow raises $4. 1 million to launch Cay Skin, a sun care brand for all skin tones

The fundraise makes Harlow one of about 100 Black female founders to have raised more than $1 million in venture capital funding. Read More

BlackRock is Gambling from the Greenback–No Matter who wins the U.S. election

The planet’s largest money manager will be shorting the dollar on hopes that unprecedented monetary and fiscal stimulus will extend its losses–no matter who wins the U.S. election. BlackRock Inc. retains a”small” brief in the greenback from the likes of the Chinese yuan, Indian rupee and Indonesia rupiah, said Neeraj Seth, head of Asian charge […]