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Mark Pincus, Reid Hoffman Launch Third SPAC: What You Need To Know
Tuesday, February 16, 2021 - 11:56am | 538Read More...Two legendary investors are launching a third SPAC to find a high growth private company that can benefit from their experience. What Happened: Mark Pincus and Reid Hoffman filed to launch Reinvent Technology Partners Y (NASDAQ:RTPY) on Friday. Units will trade as RTPYU and include one common share...
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Fintech Focus For January 7, 2021
Wednesday, January 6, 2021 - 7:34pm | 1483Read More...Quote To Start The Day: Don’t try to beat the competitors at their own game. You have to invent a new game — and master it. Source: Reid Hoffman One Big Thing In Fintech: The COVID-19 crisis has put pressure on banks to improve their digital offering as lockdowns have forced customers...
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Fintech Focus For January 6, 2021
Tuesday, January 5, 2021 - 10:16pm | 1927Read More...Quote To Start The Day: If you think you can do a thing or think you can’t do a thing, you’re right. Source: Henry Ford One Big Thing In Fintech: Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest...
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Seth Klarman Bets Big On Bill Ackman, Other SPACs
Monday, November 16, 2020 - 4:00pm | 356Read More...Hedge fund manager Seth Klarman revealed several investments in SPACs during the third quarter, including a big bet on the largest SPAC from Bill Ackman. What Happened: A 13F filing from the third quarter reveals Klarman's Baupost Fund took a new 17.5 million-share stake in Pershing Square...
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LinkedIn Founder And Zynga Founder Team Up On New SPAC
Tuesday, September 1, 2020 - 2:23pm | 435Read More...The SPAC market continues to heat up with famous investors and former CEOs getting involved. Reid Hoffman and Mark Pincus are behind Reinvent Technology Partners (NYSE:RPU), a new technology SPAC. The Leadership Team: Hoffman and Pincus met in 2002 and have been involved in numerous projects...
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This Fund Will Try To Prevent Skynet From Actually Happening
Wednesday, January 11, 2017 - 1:37pm | 294Read More...Skynet, the fictional artificial intelligence system popularized in the "Terminator" franchise which caused a global nuclear war, serves as a far-stretched but legitimate concern for many companies working in the artificial intelligence space. Consider the fact that Alphabet Inc's...
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Greylock Partners Spins Out $20 Million Seed Fund
Monday, September 27, 2010 - 4:28pm | 158Read More...The Wall Street Journal reported earlier today that Reid Hoffman, the co-founder of LinkedIn Corp. and Greylock Partner, has spun out a $20 million seed fund from Greylock's $575 million Discovery Fund. While not new money, the spin out will allow quicker decisions to be made regarding the seed...
