Sunday, April 30, 2023

VC fund General Catalyst stresses on governance in Indian startups

Instances of financial misappropriation in the last 12-18 months including at startups such as BharatPe, Zilingo and GoMechanic have prompted the venture fund to “deepen its capabilities" and collaborate more with the financial department at startups.

from Tech-Economic Times https://ift.tt/P1sRkZc
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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-...