Accounting & Consulting services updates Sign up to myFT Daily Digest to be the first to know about Accounting & Consulting services news. Ankura Consulting has launched a UK restructuring practice, becoming the latest private equity-backed group looking to profit from advising companies in distress because of the pandemic. The US-based firm, which is backed … Read more
Startups are raising record sums around the world, thanks to several contributing factors. As The Exchange explored yesterday, historically low interest rates have helped venture capitalists raise more capital than ever, to pick an example. Low rates have helped startups in another manner: As yields fell for certain assets, investors chased returns by betting on … Read more
As ESG metrics spawn an increasing number of ethical considerations, leaders need better ways to manage ethical conundrums and conflicts. G. Richard Shell, chair of Wharton School’s Legal Studies and Business Ethics department, offers a useful approach with his CLIP framework, which considers four elements: consequences, loyalties, identity, and principles. But when all is said and done, leaders will still need to use their best judgment to balance and prioritize the elements.
Steven Mnuchin updates Sign up to myFT Daily Digest to be the first to know about Steven Mnuchin news. Japan’s SoftBank has followed Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala in backing a new $2.5bn private equity fund set up by former US Treasury secretary Steven Mnuchin just eight months after he left … Read more
Major gains in online advertising have boosted valuations for adtech startups since the pandemic began, but one insider says investors are missing the party. “Adtech is having a moment,” writes industry veteran Casey Saran. “And while much of the oxygen has been soaked up by large legacy companies hitting the public market, there have been … Read more
Telecoms updates Sign up to myFT Daily Digest to be the first to know about Telecoms news. A newly formed transatlantic telecoms company is planning a “substantial” investment in expanding its network across Europe after completing a $2.2bn acquisition of assets owned by a struggling rival. EXA Infrastructure has been established in London by I … Read more
Claire Diaz-Ortiz Contributor Claire Diaz-Ortiz is a venture capitalist and author of nine books that have been translated into 11 languages. Her next book is on women founders and funders. An early employee at Twitter, Wired once called her “The Woman Who Got the Pope on Twitter.” More posts by this contributor The rise of … Read more