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.
Spotify raised a total of $188 million from venture capital and private equity companies before its IPO.
Series A, 10/08 $21.6M
Series B, 8/09 $50M
Series C, 2/10 €11.6M
Venture Round, 6/11 $100m
Kleiner Perkins Caufield & Byers
Digital Sky Technologies
If you searched for Xiaomi ADRs, you’ve inevitably come across both
XIACY. What’s the difference? You cannot trade
XIACF as a retail investor because it’s a “privately placed” ADR under SEC Rule 144A. This means that they’re for qualified institutional buyers (QIBs) only. QIBs want and contribute to the 25x higher average trading volume than
XIACY. Volume ensures there are enough buyers and sellers to trade with you. Information and services are also limited to QIBs.