Niko Stjepan Martinovic

Summary: This article discusses various venture capital news, including insights and analysis of VC firms, trends in investments, and the impact of technology on the industry. Key takeaways: The article mentions that Insight Partners is potentially raising over $10 billion for its 13th fund, and OpenAI may be altering its complex corporate structure. There is a growing trend of Silicon Valley companies following China's lead and a discussion of how VC Mike Moritz believes the pace of work in tech companies should be "furious." Y Combinator is expanding the number of cohorts it runs, a new decentralized music streaming service called Tune.FM is introduced, and there is discussion about startups working on addressing climate change. Counter arguments: There may be concerns about the potential drawbacks of following China's lead, and the idea of a "furious" pace of work may raise questions about work-life balance and company culture. Some may argue that expanding the number of cohorts may lead to a decrease in the quality or effectiveness of Y Combinator's program. The article does not mention potential challenges or limitations facing the new decentralized music streaming service or startups working on climate change solutions. #venture #venturecapital #vc

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PE News Weekly 📈 📍 Apollo Global Management, Inc. is considering a $5 billion equity-like investment in Intel, which has been facing a difficult period with a stock value drop of nearly 60% this year. The talks are in early stages, and the deal might not proceed. This follows an earlier $11 billion deal in which Apollo took a 49% stake in a joint venture related to Intel's new Ireland facility​. 📍 KKR has completed the final closing of its Ascendant Fund at $4.6 billion. The fund is focused on investing in middle-market businesses across several sectors in North America. It is notable for its commitment to employee ownership programs in majority-owned companies​. 📍 Sanofi's consumer healthcare division has attracted private equity bids amounting to $17 billion. This sale is part of Sanofi's strategy to focus on more profitable pharmaceutical sectors. 📍 Blue Owl Capital led a $3.2 billion private debt deal supporting the acquisition of Smartsheet, a software company, by private equity firms Vista Equity Partners and Blackstone​. 📍 Citi and Apollo Global Management, Inc. have partnered in a $25 billion private credit deal focused on non-investment grade lending in North America. The partnership highlights the growing trend of traditional banks collaborating with private capital providers. #privateequity #privateequitynews #penews #rawselection

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McDonald’s is seeing a deceleration in its comparable sales. Senior Analyst Matthew Goodman, CFA provided insights into MCD trends to Barron's: “This suggests the company hasn’t been as aggressive with pricing as it was in 2023, says Matthew Goodman, a senior analyst at the firm. ‘We think the company is trying to be mindful about maintaining its value offering,’ he said.” See more details here: https://bit.ly/49VYdTL Our team covers 15+ names in the Restaurant & Grocers sector, with additional insights into over 100 brands in our data solutions. To learn more about these companies, and to explore our #MCD research, reach out to us: [email protected]. #mcdonalds #fastfood #QSR #consumer #restaurants #investmentresearch #altdata

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💼 Exciting News! This Thursday, we’re kicking off our weekly prep with the first mock interviews from 8:30-10:30 am, led by Bobby Trickett from Fordham IBPEVC Club and Prerana Jain from the Finance Society Club. These 15-minute sessions will mimic a first-round investment banking interview, covering both behavioral and technical questions. Be sure to select your time slot via the link below—remember, punctuality is key, as late arrivals will result in a canceled interview. Interview Times: https://lnkd.in/eHHe_r9R || https://lnkd.in/emB7Me7J 📊 This Week in Finance:  In other news, on September 3, 2024, the S&P Global US Manufacturing PMI fell to 47.9, and the ISM Manufacturing PMI was 47.2, both slightly below forecasts. The Atlanta Fed GDPNow estimate dropped to 2.00%. Later this week, key data releases include July's trade figures, jobless claims, the ISM Non-Manufacturing PMI, and the August Nonfarm Payrolls, expected to show 164K new jobs.

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In the current fundraising environment, VCs and LPs are adjusting their scrutiny of potential investments. 🔎 Sapphire Partners Partner Elizabeth "Beezer" Clarkson shared her perspective on how with The Wall Street Journal’s Brian Gormley in today’s WSJ Pro VC newsletter, highlighting that LPs have refined their focus to dive deeper into portfolio performance beyond just top-line numbers. Read more insights from Beezer below and the full newsletter here: https://lnkd.in/eTMRWFhy  👇 #VentureCapital #InvestmentStrategies

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