Friday, April 22, 2022

Lightspeed may invest in Razorpay’s $100 million secondary share sale

The startup’s angel investors, employees and some other investors are offloading shares in what could be one of the company's largest secondary sale deals since it was founded. In a secondary share sale, new investors buy shares from existing investors but the money doesn’t go to the company.

from Tech-Economic Times https://ift.tt/urm3KjJ

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...