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Magic Leap's CEO and CTO talk about the future of the company, as a filing shows Saudi Arabia's Public Investment Fund has invested $590M in debt funding (Dean Takahashi/VentureBeat) 17-01-2024

Dean Takahashi / VentureBeat: Magic Leap’s CEO and CTO talk about the future of the company, as a filing shows Saudi Arabia’s Public Investment Fund has invested $590M in debt funding  —  Magic Leap announced in a filing that Saudi Arabia’s Public Investment Fund has poured another $590 million in debt funding into the mixed reality headset maker. Lees verder op Tech Meme

Filing: Kazakhstan-based mobile app provider Kaspi.kz's CEO and other shareholders plan to sell 9M shares for $873M; Kaspi.kz's Super App had 13.5M MAUs in 2023 (Bloomberg) 17-01-2024

Bloomberg: Filing: Kazakhstan-based mobile app provider Kaspi.kz’s CEO and other shareholders plan to sell 9M shares for $873M; Kaspi.kz’s Super App had 13.5M MAUs in 2023  —  At current prices, the shares would be valued at $873 million, according to the company’s filing Tuesday with the US Securities and Exchange Commission. Lees verder op Tech Meme

Lexington, Brookfield and Sequoia Heritage's Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales (Financial Times) 17-01-2024

Financial Times: Lexington, Brookfield and Sequoia Heritage’s Pinegrove, and StepStone are raising billions to buy stakes in VC-backed tech startups via secondary share sales  —  Buyers return after secondary market for private shares was hit by higher interest rates  —  Investment firms are raising billions … Lees verder op Tech Meme