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Business

Blackstone Group Investing $5 billion in Second Asian Fund (China and India Focus)

Blackstone Group is looking to raise $5 billion for its second Asian fund.

Blackstone is seeing huge potential in Asia and really wants to invest heavily and faster than ever before. Around 66% of their first fund $2.3 billion has been invested.

Blackstone see’s great growth potential in China and India and really wants to get a foot in those markets before they mature.

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Business Tech

Nutanix Shares Jump as Bain Capital Invest $750 million and Dheeraj Pandey Announces Retirement

Nutanix shares have jumped nearly 30% as Bain Capital announce that they are investing $750 million in the company.

Nutanix is a very interesting cloud software giant that has an amazing future. However, its CEO and co-founder Dheeraj Pandey has announced that he is retiring soon.

“There is no better time for me to make this transition to a new leader who can guide Nutanix through its next decade of growth and success,” Pandey said in a statement.

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Business Finance Stock Market

Bill Ackman: Amazing 1 Hour Interview with Pershing Square Founder, hedge funds & learning from your mistakes (Video)

Bill Ackman is a very interesting person in the world of investing. Below is a great interview with Bill that talks about everything Pershing Square, hedge funds and learning from your mistakes. There are a lot of great quotes inside this interview.

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Stock Market Tech

How much Venture Capital has Spotify Raised and From whom?

Spotify raised a total of $188 million from venture capital and private equity companies before its IPO.

Series A, 10/08 $21.6M
Creandum
Northzone
Li Ka-shing

Series B, 8/09 $50M
Wellington Partners
Li Ka-shing

Series C, 2/10 €11.6M
Sean Parker
Founders Fund

Venture Round, 6/11 $100m
Kleiner Perkins Caufield & Byers
Accel Partners
Digital Sky Technologies

source: http://www.crunchbase.com/company/spotify