The Investors Risking Millions to Rebuild Kanye West’s Former Malibu Mansion - WSJ

kept by eddie mar 13

Belwood Investments defaulted on an $18.5M loan for rebuilding Kanye West's former Malibu mansion, putting hundreds of small investors at risk of losing their funds.

He Spent 15 Years Amassing SpaceX Shares. Now Comes the Windfall.
Justin Fishner-Wolfson, a long-time early SpaceX investor and minor Musk ally, now controls a multibillion-dollar payout from his stake.
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Anthropic Unveils $1.5 Billion Joint Venture With Wall Street Firms - WSJ
Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs launch a $1.5 billion joint venture to sell AI tools to businesses, including private-equity portfolio companies.
also on #investment, #startups, #business-strategy