Sentences with phrase «which early investors»

Once implemented, it is expected the ban will prevent the advertising of initial coin offerings (ICOs), a controversial means of raising funds in which early investors provide money to a startup in exchange for digital tokens with the promise that if the company succeeds, the tokens will skyrocket in value.

Most ICOs hold pre-sales, during which early investors can buy tokens at a steep discount and sell for a tidy profit when the general public starts buying the coins.

The allegation that BitConnect is a Ponzi scheme — in which earlier investors are effectively rewarded with the proceeds of new investors — gained traction in recent weeks as state regulators in the U.S. issued cease - and - desist letters to the outfit in connection with an initial coin offering.

Not exact matches

Investors may have priced in Snapchat's slowing user growth, which was reported early in 2017 and later confirmed by the company's S - 1.

Last March, it gave HootSuite $ 20 million, which HootSuite used to buy back stock from its early investors — «to align for a bigger win,» Holmes says.

You can check out which industries and regions these investors focus on as well as their top early - stage investments of 2014.

The 2018 sales forecast compares with the Stockholm - based company's long - term target for revenue to grow between 25 and 35 percent, which it spelled out for investors earlier in March.

It's worth noting that Felicis Ventures, which led the seed round, was also an early investor in Flexport, the «Uber of oceans.»

Earlier this year, Dorsey revealed a five - pronged plan, which includes a focus on streaming live content, to the pleasure of investors, but the execution of the proposal has been agonizingly slow to follow.

Returns were lousy, the early - stage companies the funds invested in constantly needed more money, and Ontario had already decided to cancel its tax credit in 2010, which became a deal - breaker for many investors.

He also clashed with Benchmark, one of the company's earliest and biggest investors, which is also selling part of its stake.

Ironically, Gurley's venture capital firm, Benchmark Capital, is an early and actively supportive investor of ride - hailing company Uber, which has raised more than $ 8.2 billion and is valued at over $ 51 billion.

It's like OpenTable for urgent care, which makes sense why Bill Gurley, an early OpenTable investor, would back the company.

In August she was a top contender to replace Travis Kalanick as CEO of Uber, in which Whitman was an early investor — a job that could have teed her up to eventually lead an unprecedented third Fortune 500 company.

The investors want to eliminate the «valley of death» between the early promise of a new energy concept and commercializing it into a viable technology, which «neither government funding nor conventional private investment can bridge,» the group said in a statement.

Square Inc., which launched a couple of years earlier, was a rapidly growing darling of investors.

The road to IPO has gotten longer, he said, thanks to new funding from big foreign investors such as SoftBank, which earlier this year invested $ 9.3 billion in Uber.

Authorities said Platinum operated «like a Ponzi scheme» by using new money to fund redemptions by earlier investors, which were referred to internally as «Hail Mary time.»

DST Global, a company that was early investors in Facebook and Spotify, led the funding round, which included other high profile venture capital firms Index Ventures and Ribbit Capital.

Apple's stock price, which had been on a tear ahead of the iPhone announcement event, has been little changed since as investors await more information on early sales.

Not yet profitable, it is deploying the $ 95 million it raised earlier from investors like Danny Meyer and Steve Case to build powerful systems for siting and planting new stores, forging supple regional supply chains, and developing technology for mobile ordering and cashless transactions, with which it is experimenting.

After bringing these people on, you still aren't going to have additional dollars in your startup's pocket, but you'll be well - on - your - way to a solid team that's dedicated to gaining your product traction, which is about 80 percent of what most early - stage investors look for in the first place.

Rather, CASPERSEN operated a Ponzi - like scheme in which he misappropriated investor funds from the Fake Fund Accounts and converted them to his own use and use by others, including by using investor funds to meet CASPERSEN's periodic interest payment commitments to earlier investors.

But in its early days so was Investors» Circle, which has facilitated over $ 134 million in investments in more than 200 companies since 1992.

It also is unclear if the round — which Bloomberg reports is designed to raise at least $ 1 billion — would include any so - called secondary sales by Uber employees or early investors.

Now, the early numbers are in, and there is no question that ICOs, an unregulated form of fundraising by which companies can sell their own form of digital currency or tokens to investors, are winning this race, at least in the blockchain industry.

Many will raise more private money at lower valuations, so - called «down rounds,» which will deeply hurt employees, founders and some earlier investors.

Equally unnerving, at least for investors, is Beijing's apparent inability to erect a floor under its volatile stock market, which first hit a wall earlier this summer wiping out trillions.

The country's currency slid below 70 U.S. cents last week, causing some to recall early 2002, when Canadian officials were forced to beg international investors to recognize that the inherent value of Canada's currency was greater than 63 US cents, the record low to which it had fallen at the time.

Earlier this month the regulator sued three virtual currency operators for misappropriating investor funds which it said had falsely claimed to be investing in bitcoin and other cryptocurrencies.

Revolution believes BigCommerce could eventually have millions of subscribers, which is apparently why it elbowed at least one of the company's earlier investors out of the round.

As Fred points out, being an early - stage investor is hard and some people are leaving to do later stage investing which means... it's a huge opportunity!

Benchmark was the sole venture capital investor in Friendfeed, which raised a $ 5 million in an early 2008.

And there's an active secondary market for employee and early investor shares, led by Russia's Digital Sky Technologies, which has made deals to buy common stock in Facebook, Zynga and Groupon.

In response to criticism from activist investor Starboard, Yahoo told Business Insider earlier on Wednesday that the company plans to announce «additional plans for a more focused Yahoo on or before our Q4 earnings call,» which should be in the next few weeks.

There's a lot of chatter right now about Instagram, an iPhone app for adding artsy filters to photos and sharing them across various social - media networks, which has taken the early - adopter crowd by storm and courted heavy investor interest in the mobile photo - sharing niche.

In early April, Joe Nocera, a business columnist for The New York Times, wrote an interesting article in which he argued that SRI researchers oversimplify the world so that investors will feel that that they're safely invested in «good» companies.

Besides Fidelity, other existing investors in the company include Alibaba, which led its Series E; Benchmark (Series A lead); Coatue Management (Series C lead); General Catalyst; IVP (Series B lead); Saudi investment group Kingdom Holding Company; KPCB (series D lead); Lightspeed (Snapchat's earliest and most constant investor); SV Angel; WeChat owner Tencent and Yahoo.

Thiel sold his shares on Thursday and Friday at average prices ranging between $ 19.27 and $ 20.69 per share after the end of the first lockup, which barred early investors and insiders from selling shares following the initial public offering.

«An attentive investor, I'm embarrassed to report, would have sold Tesco shares earlier,» Buffett wrote in his annual letter to shareholders of Omaha, Nebraska - based Berkshire, which was published Saturday.

If the Securities Exchange Commission implements the crowdfunding exemption of the Jumpstart Our Business Startups Act (JOBS Act), which it may by early next year, average - joe investors, not just well - heeled ones, will be able to participate in investments like those brokered by PRIMARQ.

The government has even equated cryptocurrencies with «Ponzi schemes», which offer unusually high returns to early investors.

Some 33,000 backers have kicked in money for Crowfall's development, and ArtCraft — which has also raised money from traditional early - stage investors — likes the idea of offering them a stake in the game's financial outcome, said J. Todd Coleman, the company's creative director.

The lock - up period on the stock, which listed in June, expires on Dec. 22, allowing employees and early investors to sell shares of the company.

Dropbox founder and CEO Drew Houston, on the other hand, still owns 25 %, and early investor Sequoia Capital another 23 %; a founder retaining that much ownership is much more characteristic of a consumer company than an enterprise one — which is exactly how Dropbox started.

In early trading in New York, the shares remained just above the price at which they were sold to investors in what was the biggest flotation of a bank in the US in recent years.

TIL, which typically uses its own resources or that of its deep - pocket parent BCCL to fund growth initiatives, had kicked off the uncharacteristic move of raising substantial external capital for MagicBricks Realty Services Ltd early last year when the digital real estate business in India saw the emergence of a host of new players backed by global investors such as SoftBank, News Corp and Tiger Global.

News of his support came during a time when very few figures in Silicon Valley were publicly showing support for candidate Trump, the most notable being Peter Thiel, an early investor in Facebook who started the VC firm Founders Fund, which backed Oculus, as well.

Moody's Investors Service, which downgraded Tesla's credit rating further into junk in March, still expects Tesla will need to raise about $ 2 billion selling equity, convertible bonds or debt, to offset the cash it burns this year and securities maturing through early 2019.

Before becoming an investor, Varun was a early employee and successful product marketing and business development executive at Mint, which started in 2007 in partnership with The Wall Street Journal and is today one of the largest and most respected business news organizations in Asia.