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Inside the Insight Partners mafia that has taken over New York venture capital—and the $90 billion firm’s unique approach to software investing

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As Insight Partners celebrates its 30th anniversary, you’d be hard-pressed to find a more influential venture firm that calls New York its home. Union Square Ventures created the blueprint for early-stage venture out of NYC, Tiger Global may earn the claim of infamy due to its 2021 spending spree, and Thrive Capital is quickly becoming … Read more

How legendary venture firm Insight Partners hires—and trains—its next generation of investors to expand its $90 billion warchest

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In early April, Insight Partners’ cofounder and managing director Jeff Horing took the stage at his firm’s sourcing summit, a one-day annual event where Insight gathers its early-career analysts to train them on the firm’s secret formula for success.  Horing is one of the more elusive figures in venture capital, keeping a low profile even … Read more

DOGE’s mass federal workforce cuts may cost taxpayers $135 billion this fiscal year alone

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As Elon Musk prepares to step back from the Department of Government Efficiency (DOGE), his goal to rout out government waste, fraud, and abuse may have fallen short. Some experts warn his efforts may actually be costing the government billions in lost labor and revenue. DOGE initially promised to identify and eliminate $2 trillion in … Read more

Elon Musk’s xAI Holdings in talks to raise $20 billion

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The X logo appears on a phone, and the xAI logo is displayed on a laptop in Krakow, Poland, on April 1, 2025. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Elon Musk’s xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported Friday, citing … Read more

Infinite Reality “Receives” $3 Billion Investment: Buy Metaverse Tokens?

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Infinite Reality reportedly receives a $3 billion investment mystery. With Bitcoin rallying and sentiment improving, is it time to buy metaverse tokens? The Bitcoin and crypto surge to $90,000 and a $3 trillion market cap was a huge relief for traders who feared the worst. Did it stir interest and capital from even the most … Read more

Nissan sees $5.3 billion loss as restructuring charges mount

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Nissan warned it will post a net loss of as much as ¥750 billion ($5.3 billion) for the fiscal year that ended in March — a record annual deficit — as restructuring charges weigh on the struggling Japanese carmaker. With an aging lineup, Nissan has been discounting its cars in order to avoid building up … Read more

JD.com’s delivery clash with Meituan may worsen $70 billion rout

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While much of the world is focused on a volatile international trade war, two of China’s largest internet companies are inflicting greater damage on each other at home. JD.com Inc. has launched a costly battle to steal market share away from food-delivery leader Meituan, while the latter has been encroaching on the former’s e-commerce stronghold. … Read more

LUNC price breaks key resistance as 410 billion milestone nears

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The Terra Luna Classic token crossed a crucial resistance level ahead of two crucial milestones in its network. Terra Luna Classic (LUNC) price rose to a high of $0.00006430, its highest level since March 28. It has jumped by almost 40% from the lowest level this year.  The uptrend may continue as the network’s burn … Read more

How much was Elon Musk’s pledge to step back from DOGE worth? $67 billion to frustrated Tesla shareholders

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Even the perma-bull crowd of analysts covering Tesla warned of sorely disappointing results in Q1, a view signaled by the poor deliveries for the quarter reported in early April. But the numbers released after the market close on April 22 were much, much worse than expected. Automotive sales tumbled 20% over the same period last … Read more

British fintech Revolut tops $1 billion in profit as revenue jumps 72%

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Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019. Pedro Nunes | Reuters LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time, a major milestone for the company as it readies the launch of its U.K. bank later this … Read more

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