Summary

The SVB containment was a national matter that could have become a very serious situation for an economy already in a precarious state - that means you play it safe and dont let outsiders in, you work it out with your own people from the circle of trust, in this case former British chancellor George Osborne and Simon Robey as main dealmakers on HSBCs side. None 1,074 private equity and venture capital firms - including Andreessen Horowitz, General Catalyst, Accel, and Benchmark - were storing at least some portion of assets from a collective 5,994 funds by year-end in 2021 None What happened at the FDIC last weekend, during its failed efforts to sell SVB. Yet Credit Suisse was directly affected by the SVB conjecture, since it had been on a downward mismanagement inertia going a few years back - and so the Swiss National Bank obliged with a 50 billion loan to survive. As part of the so-called project Red Bird, Raiffeisen would in turn take over a sanctioned legacy cash pile held by Sberbanks European arm.\U0001f1ec\U0001f1e7 Rolls-Royce raised capital funding from The UK Space Agency for building an initial demonstration of a UK lunar modular nuclear reactor.\U0001f1ec\U0001f1e7 McLaren Group, the F1 team-owner and supercar manufacturer, has received a \xa370 million equity injection from existing shareholders as part of a capital-raising plan which could now see as much as \xa3500m ploughed into the business in the coming years. Signs of storm Recent earnings reports from publicly-traded DTC startups indicate that once-hot brands are now struggling with severely slowing growth rates.\U0001f914 Marvel Studios is suing Google and Reddit to find out who leaked the Ant-Man and the Wasp: Quantumania script before the movie premiered.\U0001f410 Michael Jordan is in talks to sell his majority stake in the Charlotte Hornets basketball club.\U0001f3b6 Metallica acquired a majority interest in Furnace Record Pressing, one of the largest vinyl pressing companies in the U.S.\U0001f44e Ticketmaster doing business A fan bought 4 tickets priced at $20 each for The Cure 2023 US tour but paid a final sum of $172 due to a service fee of $46, a $40 facility charge, and a $5 processing fee.

Source: Substack

Funding

$85.05M
Amount
Mar 14 2023
Date
-
Investor
McLaren Group
Company

Classifications

Companies