Posts by lucidcapitalism

(Oregon Live)The future ownership of an Israeli spyware company whose product has been used to hack into the cellphones of journalists, human rights workers and possibly even heads of state is up in the air. Major investors in a private equity firm that has majority ownership of NSO Group, the maker of the Pegasus spyware,…

(TechCrunch) The future of technology is determined by a handful of venture capitalists. The world’s 10 leading venture capital firms have, together, invested over $150 billion in technology startups. The venture capitalists who run these firms decide which startups today will develop the new platforms and technologies that will shape our lives tomorrow. Read more…

(Startups & Society) 500 Startups was founded in 2010, and has invested in 2,500+ startups in 77+ countries. The global accelerator and early-stage investment fund has prided itself on being different from Sand Hill Road VCs. On the threshold of raising its 5th Global Flagship Fund, the organization’s leadership took decisive action to integrate environmental,…

(MarketWatch) Ride-hailing company says it will change practice after local news site’s reporting, which showed fees added to support Proposition 22 changes were withheld from San Francisco drivers’ view. Read more here.

(DW) The Berlin-based grocery delivery startup, which launched its service during the pandemic, is expanding rapidly, but workers say the billion-dollar company should fix local problems first. Gorillas Technologies has faced multiple worker strikes and protests in the past month over the termination of certain employees, a lack of suitable equipment and pay discrepancies. Read…

(Politico) There was a time when rural Guatemalans never left home. But back-to-back hurricanes, failed crops and extreme poverty are driving them to make the dangerous trek north to the U.S. border. Read more here.

(Financial Times) Call it Newton’s law of corporate ownership. As listed companies come under increasing investor pressure to act on everything from executive pay to carbon emissions, a reaction against those constraints seems to be fuelling a spate of buyouts by private equity firms. The first half of 2021 was a boom period for the…

(Think Advisor) Vanguard has entered into a definitive agreement to acquire Just Invest, a provider of tax-managed, tailored wealth management technology, including Kaleidoscope, which is a highly customizable, direct indexing offer.

(Pensions & Investments) The SEC will consider ways to increase diversity and inclusion in the asset management industry, and whether disclosure and naming rules need to be updated for funds promoting themselves as sustainable, SEC Chairman Gary Gensler told an industry advisory committee.

(Politico) Less than a week into Lina Khan’s tenure as Federal Trade Commission chair, her chief of staff ordered the agency’s staff to cancel all public appearances, according to internal agency emails viewed by POLITICO.