#Max Levchin’s Affirm surges in Nasdaq debut

#Max Levchin’s Affirm surges in Nasdaq debut

“#Max Levchin’s Affirm surges in Nasdaq debut” Shares of lending startup Affirm Holdings, founded by PayPal’s co-founder Max Levchin, soared in their debut on Wednesday, giving the company a market capitalization of over $22 billion. Affirm’s shares opened at $90.90 on the Nasdaq, 85.5 percent higher than their upwardly revised initial public offering (IPO) price…

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#Ex-Google CEO Eric Schmidt backs new European venture fund

#Ex-Google CEO Eric Schmidt backs new European venture fund

“#Ex-Google CEO Eric Schmidt backs new European venture fund” Former Google boss Eric Schmidt has just plowed cash into a British-based venture capital fund. The 65-year-old tech billionaire, who is finalizing a plan to become a citizen of the small Mediterranean island of Cyprus in order to obtain an EU passport, just invested an undisclosed…

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# VC calls Ethereum killers ‘toothless’ based on token allocation to insiders

# VC calls Ethereum killers ‘toothless’ based on token allocation to insiders

“# VC calls Ethereum killers ‘toothless’ based on token allocation to insiders ” Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders: Source: Twitter. Adams was referring to a recent Messari report, which summarized the token distribution for some of the most popular Ethereum…

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