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Filing: Tiger Global has so far raised just $2B+ for a fund targeting $6B after eight months; US venture firms raised nearly $12B in Q1 2023, down 73% YoY (Financial Times) 16-06-2023

Financial Times: Filing: Tiger Global has so far raised just $2B+ for a fund targeting $6B after eight months; US venture firms raised nearly $12B in Q1 2023, down 73% YoY  —  Group has raised just over $2bn for a vehicle targeting $6bn amid scepticism over tech valuations  —  Tiger Global is falling short … Lees verder op Tech Meme

Steve Huffman praises Elon Musk's aggressive cost-cutting and layoffs at Twitter and says he saw Musk's handling of Twitter as an example for Reddit to follow (David Ingram/NBC News) 16-06-2023

David Ingram / NBC News: Steve Huffman praises Elon Musk’s aggressive cost-cutting and layoffs at Twitter and says he saw Musk’s handling of Twitter as an example for Reddit to follow  —  Steve Huffman said in an interview that Elon Musk’s cost-cutting at Twitter was inspiring and that the two have chatted “a handful of times.” Lees verder op Tech Meme

Félix Lengyel, aka xQc, a Twitch streamer with 12M followers, signs a ~$100M deal with Kick, a streaming service backed by Australian gaming and gambling sites (Kellen Browning/New York Times) 16-06-2023

Kellen Browning / New York Times: Félix Lengyel, aka xQc, a Twitch streamer with 12M followers, signs a ~$100M deal with Kick, a streaming service backed by Australian gaming and gambling sites  —  The deal signed by Félix Lengyel, known as xQc, matches traditional athletes’ contracts, and is another sign … Lees verder op Tech Meme