Latest in Founder’s Private
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Founder of Failed Crypto Lending Platform Celsius Network Pleads Guilty to Fraud
Alexander Mashinsky faces decades in prison after illegally manipulating prices and admitting to commodities and securities fraud.Inc. - Dec. 4 -
Celsius Founder Alex Mashinsky Pleads Guilty to Fraud
The founder of crypto lender Celsius has admitted to lying to customers about how their money would be used and manipulating markets for his personal gain.Wired - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
Statue of Russia's Wagner founder Prigozhin unveiled in Central Africa
The new monument "is part of the bilateral relationship" between CAR and Russia, officials say.BBC News - Dec. 4 -
Coming Up This Morning: Ken Griffin, founder of Citadel; Sam Altman, co-founder of OpenAI; Serena Williams; and former President Bill Clinton
Who will be speaking at the DealBook SummitThe New York Times - Dec. 4 -
Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the businessABC News - Dec. 3 -
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - Dec. 3 -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - Dec. 3 -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - Dec. 3 -
Celsius founder Alex Mashinsky pleads guilty in fraud case
Cryptocurrency lender’s former chief reaches agreement with prosecutors in criminal caseFinancial Times - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
Prosecution makes closing argument in murder trial over stabbing death of Cash App founder Bob Lee
Closing arguments have begun in the trial of a tech consultant in the stabbing death of Cash App founder Bob Lee in San Francisco last yearABC News - Dec. 2 -
How 2 Female Founders Took on Stephen Miller—and Won
How Hello Alice co-founders Elizabeth Gore and Carolyn Rodz survived a terrible, horrible, no good, very bad year of legal challenges and navigated their startup to profitability.Inc. - Dec. 2 -
Maternal Mortality Is a Crisis. This Founder Is Training a New Generation of Doulas to End It
Latham Thomas’s Mama Glow is fighting for birth equity and, in the process, supporting thousands of new entrepreneurs.Inc. - Dec. 2 -
The AI Version of Panasonic’s Founder Revives His Management Expertise for a New Audience
The chatty digital replica of Kōnosuke Matsushita, who started the electronics giant in 1918, offers an online path to lessons from the man once called the ‘god of management.’Inc. - Dec. 2