Thursday, May 2, 2024

TMTG co-founder Andy Litinsky, testifying as a witness in an insider trading case, says Trump nearly derailed the DWAC deal in October 2021, before signing on (Matthew Goldstein/New York Times)

Matthew Goldstein / New York Times:
TMTG co-founder Andy Litinsky, testifying as a witness in an insider trading case, says Trump nearly derailed the DWAC deal in October 2021, before signing on  —  Andy Litinsky, who helped start the former president's social media company, revealed Mr. Trump's last-minute doubts about an agreement that made them all very wealthy.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...