Monday, March 11, 2024

Fashinza, Virgio to return majority capital after pivots

Fashinza and Virgio failed to attract customers in the original business plans for which they had raised the funds. They are now returning most of the capital they had raised, after a change in their business models.

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

No comments:

Post a Comment

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-...