Wednesday, May 14, 2025

Filing: GD Culture Group, a struggling China-linked company that has only eight staff, plans to buy $300M in BTC and $TRUMP, creating clear ethical conflicts (New York Times)

New York Times:
Filing: GD Culture Group, a struggling China-linked company that has only eight staff, plans to buy $300M in BTC and $TRUMP, creating clear ethical conflicts  —  The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale …



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French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with participation from Blackstone, DST, and others (Yazhou Sun/Bloomberg)

Yazhou Sun / Bloomberg : French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with...