Stock market investors cheered by July inflation data.  Big firms like Pimco and BlackRock aren’t so sure.

Stock market investors cheered by July inflation data. Big firms like Pimco and BlackRock aren’t so sure.

Wednesday’s release of the Consumer Price Index report for July contained enough negative surprises to give stock investors hope that the worst of inflation may be behind us. Still, an undercurrent of concern persisted at big-name companies like Pimco and BlackRock Inc., the world’s largest asset manager. According to Pimco economists Tiffany Wilding and Allison…

The dreaded “down rounds” reduce initial valuations by billions

The dreaded “down rounds” reduce initial valuations by billions

Aug 9 (Reuters) – Several high-flying startups are pulling back as the recent carnage in global stock markets and lackluster demand for new listings forces companies to raise funds at a steep discount to their sky-high valuations. The easy money from venture capital trading is quickly evaporating in an inflation-fueled high-interest-rate environment as many private…

Venture Capital: How Big Will The Big Chill Hit NZ?

Venture Capital: How Big Will The Big Chill Hit NZ?

Investors who fund startups are turning heads in the US and Australia, slashing the value of their existing holdings amid rising interest rates, recession fears and a slump in tech stocks. in public markets. Industry players say New Zealand might not be hit as hard, given that investors here have been more conservative and bought…