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Forwarded from ฿itlyonaires
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This AI Robot, Aladdin, tripled Blackrock AUM to top Wall Street.
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ICAHN, THE RESTLESS BILLIONAIRE 2022
imdb.com/title/tt15462640
Explores the fascinating contradictions at the heart of the famed financier, Carl Icahn. Amassing close to $20 billion dollars over the last half century and at the forefront of some of the most legendary business deals of our times.
Forwarded from Pavel Durov (Pavel Durov)
💎 Notcoin, a miniapp on Telegram, reached 35M active users in just a few months.

🐸 In this app, users could earn a game currency “notcoins” by clicking on the screen. Yesterday, the cryptocurrency Notcoin was minted on the TON blockchain and listed on all major cryptoexchanges. All of a sudden, Notcoin users who just played this game for fun could convert their in-game currency into real money 🤑

🚀 Notcoin instantly became a top-10 cryptocurrency in the world by trading volume, and reached almost $700 million in market capitalization. Imagine — hundreds of millions of dollars in value were created for Telegram users in this miniapp out of nowhere in a matter of months 😲

💪 This amazing success story shows how powerful the Telegram / TON ecosystems are for app developers. Telegram offers app developers more freedom than any other platform, providing unmatched opportunities to leverage social interactions for viral distribution. TON, in turn, provides scale and flexibility for any blockchain project on top of it 💎

We are now seeing a large wave of new miniapps being built on Telegram and TON. Notcoin, the leader of the pack, used its mighty paws to pave the way for many apps to come 🐺
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Forwarded from Venture Capital
📌Characteristics of Venture Capital

Venture capital as a source of financing is distinct from other sources of financing because of its unique characteristics, as set out below:

🔗Venture capital is essentially financing of new ventures through equity participation. However, such investment may also take the form of long-term loan, purchase of options or convertible securities. The main objective underlying investment in equities is to earn capital gains there on subsequently when the enterprise becomes profitable.

🔗Venture capital makes long-term investment in highly potential ventures of technical savvy entrepreneurs whose returns may be available after a long period, say 5-10 years.

🔗Venture capital does not confine to supply of equity capital but also supply of skills for fostering the growth and development of enterprises. Venture capitalists ensure active participation in the management which is the entrepreneur’s business and provide their marketing, technology, planning and management expertise to the firm.

🔗Venture capital financing involves high risk return spectrum. Some of the ventures may yield very high returns to more than Compensates for heavy losses on others which may also have earning prospects.

In nut shell, a venture capital institution is a financial intermediary between investors looking for high potential returns and entrepreneurs who need institutional capital as they are yet not ready/able to go to the public.

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Collateralized Debt Obligation (#CDO) is a type of structured asset-backed security (ABS) Originally developed as instruments for the Corporate Debt Markets. After 2002 CDOs became vehicles for refinancing mortgage-backed securities (#MBS). Wikipedia via fx.wix.asia
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