Thursday, 26 November 2015
Last updated 1 day ago
Dec 12 2013 | 1:06pm ET
Coatue Management is the newest investor in photo-messaging service Snapchat.
Snapchat, which allows users to send pictures that are deleted after only a few seconds, announced a new $50 million round of fundraising this week. New York-based Coatue provided the whole amount.
The investment comes just a month after Snapchat reportedly turned down a $3 billion cash offer from Facebook Inc. It was the second time the company rejected an acquisition bid from the social-networking giant.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…