Investment banks reported their FY22 financials. Here's a summary of how IB revenues have massively slowed vs FY21...
𝗧𝗢𝗧𝗔𝗟 𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧 𝗕𝗔𝗡𝗞𝗜𝗡𝗚 𝗥𝗘𝗩𝗘𝗡𝗨𝗘𝗦
-53% at Citi
-49% at Morgan Stanley
-48% at Goldman Sachs
-48% at J.P. Morgan
-32% at Jefferies
We just launched https://t.co/ZBPgbUv2mI on Product Hunt. If you're digging the resource, then appreciate any support 👉 https://t.co/bIyQQybDHj
FYI... the weekly summary email returns Monday now that VCs are back writing memos (and cheques) post the holidays!
🚗 Partly, an auto parts data startup, raised a US$21M Series A. Here's the highlights from the @SquarePegCap and @TEN13vc investment memos...
𝗦𝗾𝘂𝗮𝗿𝗲 𝗣𝗲𝗴
@jamestynan & @lucy_tanAU
Memo: https://t.co/Ra93agTnGN
𝗧𝗘𝗡𝟭𝟯
@StewGlynn
Memo: https://t.co/M9KNuFfQIz
We're excited to share that https://t.co/y2BEugb0Ua, a new site that aggregates global VC investment memos, has just launched by our very good mates at @letterofintent_ . Go check it out, now!
Twitter filing to sue Elon Musk is savage. Here's a few gems...
💎 "Musk apparently believes that he —unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away."
💎 "For Musk, it would seem, Twitter, the interests of its stockholders, the transaction Musk agreed to, and the court process to enforce it all constitute an elaborate joke."