Tuesday, May 10, 2022

Lightspeed, Moore Strategic Ventures invest in Razorpay’s $75 million secondary share sale

Razorpay said about 650 current and former employees have sold their stock options as part of this share sale. According to the company, this is the fourth and biggest Esop (employee stock options programme) buyback since it started operations in 2014. Its previous Esop buyback was for $10 million in March 2021.

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

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...