Founders fund portfolio

Executives from NPX Capital pose for photos during an interview with the JoongAng Ilbo at the JoongAng Ilbo building in Sangam-dong, western Seoul, on July 21. From left are: Ka Jong-hyun, chief operating officer of Terapin Studios; Samuel Hwang, CEO of NPX Capital; and Kim Do-young, chief legal officer of NPX Capital. [WOO SANG-JO] The webtoon market is a promising one — or at least in the eyes of a young Korean investment company. NPX Capital is an alternative investment management firm founded in 2016 by Samuel Hwang, a 39-year-old start-up expert who established New Pathway Education in China in 2009. The firm has since been making its name among local venture capitalists after successfully joining early-stage investments into promising start-ups, such as The Pinkfong Company, Riiid and Mathpresso. Having taken on the role of the quiet helping hand for start-ups, NPX Capital is becoming more active in the market, especially in the webtoon industry. Last year, it acquired … [Read more...] about [INTERVIEW] NPX Capital is finding the funds to finance webtoon boom

Share to Twitter Share to Linkedin T hree years into the Covid-19 pandemic , the American healthcare system continues to face a critical shortage of nurses: More than one-third of the nation’s hospitals have a nurse vacancy rate that’s higher than 10%, and an additional 500,000 RNs are expected to retire by the end of this year. To keep up with patient demand, hospital executives have turned to temporary workers—an increasingly pricey alternative as The American Hospital Association notes that disruptions caused by the pandemic have tripled the prices charged by placement firms since January 2020. That’s where Incredible Health comes in. Founded by Dr. Iman Abuzeid and Rome Portlock in 2017, it works as something like a souped-up LinkedIn for nurses. Some 60% of the nation’s top-ranked hospital systems—including Cedars-Sinai and Baylor Scott & White—have signed on to the platform, paying the company to list their open jobs while Incredible’s … [Read more...] about Dr. Iman Abuzeid Leads Incredible Health To Unicorn Status With $80 Million Series B

The value of the foreign portfolio investors (FPI) holdings in the domestic equities dropped 14 per cent to USD 523 billion in the three months ended June 2022 from the preceding quarter, according to a Morningstar report. This was the third consecutive quarterly decline in the value of FPIs' investments in Indian equities. Foreign investors were cautious since the start of the year and it intensified as the year progressed, following the influence of worrying trends in both global and domestic markets. "During the quarter ended June 2022, the value of FPI investments in Indian equities fell by 14 per cent to USD 523 billion from USD 612 billion recorded in the previous quarter," the report noted. As of June 2021, the value of FPI investments in Indian equities was USD 592 billion. FPIs' contribution to Indian equity market capitalisation also fell during the quarter under review to 16.9 per cent from 17.8 per cent in the March quarter. Offshore mutual funds form an important … [Read more...] about FPI stock holding slips 14% to $523 billion in June quarter: Report

- A + A NEW YORK (Aug 18): Top U.S. and European banks are facing tougher times in the riskiest parts of the loan market. The biggest U.S. lenders, including Bank of America and Citigroup, wrote down $1 billion in the second quarter on leveraged and bridge loans as rising interest rates made it tougher for banks to offload debt to investors and other lenders. The pain has also spread across the Atlantic, after European lenders such as Deutsche Bank and Credit Suisse reported losses for such exposure. Large U.S. and European banks are on track to lose $5 billion to $10 billion more in coming quarters on leveraged loans they have committed to underwrite, according to bankers and analysts. Bank of America is among those most exposed to such writedowns because it is financing at least three large buyout deals at a time when the LBO market has come to a standstill, bankers and analysts said. Bank of America declined to comment. In the leveraged loan market, banks … [Read more...] about U.S., European banks could lose over US$5 billion from risky buyout loans

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2022. REUTERS/Brendan McDermid/File photo By Lewis Krauskopf NEW YORK- Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks but some investors are pointing to potential risks ahead for profits that could sap the market’s momentum. With the vast majority of S&P 500 companies reported, second-quarter earnings are expected to have climbed 9.7 percent from a year earlier, well above the 5.6 percent estimated on July 1, according to Refinitiv IBES. The robust profits have supported a rally that has taken the S&P 500 up about 14 percent this quarter, after a brutal first half. Some market participants are growing concerned, however, that strong corporate numbers may not last, as companies face an array of challenges, including surging inflation and changing consumer spending habits. These may make it difficult for stocks to hold their recent … [Read more...] about As earnings support U.S. stock rebound, worries over future profits grow

“Nobody wants to wait for 12 or 24 hours to get a cup of coffee,” says Anna Rosa Ziefuss, the German scientist who has achieved the impossible: making cold-brewed coffee in a record three minutes instead of half a day . advertisement advertisement Her secret ingredients? A laser. And endless episodes of The Big Bang Theory . Ziefuss is a scientist in the technical chemistry department at the University of Duisburg-Essen in Germany. There, her colleagues use ultra-short pulsed lasers to synthesize and process colloids—microscopically insoluble particles suspended in a liquid. Colloids are generally used as thickening agents in anything from lubricants to beauty lotions. Usually, Ziefuss and her colleagues work with inorganic materials, such as gold or platinum. “Laser-based processing of organic materials like coffee is a rather new field of interest, at least in our group,” she says. But, when her doctorate supervisor, Stephan Barcikowski, … [Read more...] about Cold brew coffee—pew, pew, pew—brewed with lasers!

Share to Twitter Share to Linkedin For anyone planning an air trip across the U.S., it's important to know the best airlines for reliability, cost, loyalty as well as the overall experience. The Points Guy has released its sixth annual Best Airlines Report , naming Delta Airlines in first place (for the fourth year in a row). This is a Top Ten is for domestic routes in the U.S. and does not relate to international routes that these airlines might operate—the 2022 best global airline of the year was measured differently and recently awarded to Qatar Airways. For this report, airlines in the U.S. were ranked from best to worst according to criteria such as customer satisfaction, cabin comfort, on-time records, lost luggage data and lounge quality. The rankings also reflect "the different aspects of a customer's journey—from ticketing through baggage delivery and even redeeming rewards for future trips." The top ten airlines in the U.S. on domestic … [Read more...] about The Best Domestic Airlines In The U.S. For 2022

Share to Twitter Share to Linkedin The Ranch has long been the preeminent luxury wellness retreat that has attracted celebrities years, thanks to its results-oriented holistic fitness programs. But, it was only available in Malibu, California, or Italy. That is until now. The famous brand recently announced it’s expanding the portfolio to include the first east coast property—The Ranch Hudson Valley—just 45 minutes outside New York City. Opening in Summer 2023, The Ranch Hudson Valley will offer three-day and four-day wellness programs like the original Malibu location. The options will vary in intensities, but all will immerse guests in nature while focusing on the key pillars of The Ranch program: hiking, workout classes, yoga, massage, and a plant-based diet. And that nature immersion takes place amidst 200 acres in a historic lakefront estate. For a more gentle approach, The Ranch 3.0—a 3-day program available Monday through Thursday—can enjoy a … [Read more...] about Famous Wellness Retreat The Ranch Opening In New York

Chamath Palihapitiya - A + A NEW YORK (Aug 17): The news came with little fanfare. It was late on a sleepy summer afternoon last week, and few on Wall Street even seemed to notice the pair of filings when they hit the Securities and Exchange Commission's (SEC) website. In terse, boilerplate language, the documents stated that two special-purpose acquisition companies (SPACs) launched by Chamath Palihapitiya needed to push back the deadlines they had set to make acquisitions. Palihapitiya was in no mood to trumpet the news. There were no tweets, no interviews, none of the braggadocio that came with so many of his big SPAC deals, back when the market was the hot new thing in finance, a sure-fire, money-minting machine, and Palihapitiya was its undisputed king. But if those euphoric moments two years ago represented the peak of SPAC frenzy — a phenomenon created out of the same ingredients (unprecedented monetary and fiscal stimulus) that gave us meme stocks and … [Read more...] about US SPAC king goes silent with his empire shrivelling

Representative image Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Corporate India pins hope on the domestic economy to keep up the momentum in earnings revival despite a looming global slowdown. Most corporates focused on the domestic market pointed to robust demand outlook, thanks to complete reopening from the pandemic blues, higher government spending on infrastructure, an overall good monsoons, the upbeat mood for the festive season, higher industrial utilisation, order backlogs, and continued formalisation of the economy, brokerage firm Emkay Global said in a note. “With normal monsoon forecast, we expect better demand and softer raw material prices towards the latter half of the year, which would help in better the topline momentum as well as margin,” Manish Dawar, executive director and chief financial officer at … [Read more...] about India Inc banks on strong domestic demand to keep earnings momentum intact