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Micromobility startups Tier and Dott plan to merge to find a path to profitability

TechCrunch: M&A

After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that they plan to merge. The transaction is expected to close within two months of today’s news.

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Hedge funds took profits in these popular technology stocks during the fourth quarter

CNBC: Investing

As winning 'Magnificent Seven' stocks wrapped up a spectacular year, hedge funds appeared to lock in profits during the fourth quarter.

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French VC firm Founders Future just acquired an equity crowdfunding platform, Sowefund

TechCrunch: M&A

While terms of the deal remain undisclosed, Sowefund has been profitable since 2022 with around 20 employees. With its VC funds, […] © 2023 TechCrunch. Founders Future, a well-known VC firm in the French tech ecosystem, acquired an equity crowdfunding marketplace called Sowefund. All rights reserved. For personal use only.

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PGA Tour, DP World Tour, and Public Investment Fund Announce Partnership

JD Supra: Mergers

On Tuesday June 6, 2023, the PGA Tour, DP World Tour, and the Public Investment Fund (PIF) announced an agreement to combine PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial business assets and rights of the PGA Tour and DP World Tour into a new, collectively owned, for-profit entity.

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Sensex at record high: Time to rebalance your portfolios, book profits?

Business Standard - FInance

Equity Mutual Fund investing is strictly meant for your long-term goals, so it makes little sense to try and time your exits and entries or to repeatedly "book profits" and sit on the sidelines.

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Why Buying a Business Beats Starting One – Buy Your Way to Success!

How2Exit

Watch Here About the Guest: Sanket Bhasin is an experienced entrepreneur and the managing partner of Spring Street Capital, a New York-based software-focused search fund. Why Search Funds? A way to skip the painful early stages and jump straight to scaling a profitable company? But what if there was another way?

Business 130
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Explained: Tax implications of income earned from shares, mutual funds

Business Standard - FInance

The tax implications of income earned from shares, mutual funds and ETFs (Exchange Traded Funds) largely depend on the type of investment, the holding period and the amount of profit earned

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