Sequoia's former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls
Neil Shen's HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls
FTX unloads cryptoassets as bankruptcy advisers look to repay customers; filings: its affiliates' cash pile grew from ~$2.3B in October to $4.4B at 2023's end
- Cash of key affiliates rose to about $4.4 billion at end-2023 — Increased cash coincided with rising value of customer claims
Sources detail how Elliott Management helped Masayoshi Son save SoftBank from financial ruin in the spring; sources say Elliott now owns $5B+ in SoftBank shares
Wall Street Journal : Tweets: @katekelly , @aridavidpaul , @wsjmarkets , and @skupor Tweets: Kate Kelly / @katekelly : What happened at @SoftBank when the activist hedge fund Elliott, known for its i...
Combined market cap of Apple, Facebook, Alphabet, and Amazon is ~$5T, their combined 2019 revenue was ~$773B, and they have a combined cash reserve of ~$420B
The four Big Tech CEOs who will testify before Congress Wednesday command global empires with power and wealth that make them more like countries than companies. Tweets: @madhavchanchani , @patrickmcg...
Filings: Alphabet's cash pile reached $117B, surpassing Apple's as the world's largest for the first time in 10 years, as Apple declined from $163B to $102B
The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade …