Eduardo Saverin

Famous people who renounced their U.S. citizenship

Montana

More than half of the most valuable U.S. tech companies were founded by first- or second-generation immigrants

Mary Meeker updates her data on immigrant founders.<p>Immigrants are integral to the U.S. tech market.<p>Some 56 percent of the 25 most valuable tech companies in the U.S. had a founder who was a first- or second-generation immigrant, according to Mary Meeker’s annual presentation at the <b>Code Conference</b> …

More than half of the top American tech companies were founded by immigrants or the children of immigrants

More than half of the top American tech companies were founded by immigrants or the children of immigrants, Mary Meeker revealed in her annual report …

Jeff Bezos

What Facebook co-founder Eduardo Saverin looks for in an entrepreneur

Team, a passionate founder, technology, and more – what does it take to get Facebook co-founder Eduardo Saverin’s attention? At the end of the day, …

Business (India)

What Facebook co-founder Eduardo Saverin looks for in entrepreneurs

Team, a passionate founder, technology, and more – what does it take to get Facebook co-founder Eduardo Saverin’s attention? At the end of the day, …

Entrepreneurship

Singapore automotive marketplace secures $60M in Series B

Used car marketplace Carro bags US$60 million in its latest round, pushing its total funds to US75 million, and adds new investors including Eduardo …

Venture Capital

Two Singaporean online marketplace startups raise fresh funds | Reuters

SINGAPORE (Reuters) - Singapore’s Carousell, a classifieds marketplace, said on Monday that it raised $85 million in funds from investors including DBS Group Holdings Ltd, the city-state’s biggest lender.<p>The funding round was co-led by Japanese e-commerce company Rakuten’s fund, Rakuten Ventures, …

Venture Capital

Two Singaporean online marketplace startups raise fresh funds

Two Singaporean online marketplace startups raise fresh funds<p>SINGAPORE (Reuters) - Singapore's Carousell, a classifieds marketplace, said on Monday …

Venture Capital

How much did Eduardo Saverin earn from his shares in Facebook?

<b>Facebook co-founder, Eduardo Saverin could have been one of the ten richest people in the world – here’s why he missed out on the coveted spot.</b><p><b>Who is</b> …

Social Media

The Original Asia Tech Podcast Stories - Episode 01 - Anna Gong - Perx Technologies

After graduating from the University of California, Los Angeles, Anna Gong spent the following 20 years forging a globe spanning career in the …

Loyalty

Mark Zuckerberg age, net worth, wife and when did he start Facebook?

<b>If anybody knows what it’s like to harness the power of the internet, it’s Mark Zuckerberg.</b><p>The fair-haired Harvard dropout is the main person …

Technology (UK)

Famous birthdays for March 19: Bruce Willis, Glenn Close

Actor Bruce Willis turns 63 and actor Glenn Close turns 71, among the famous birthdays for March 19.

Bruce Willis

Singapore's Golden Gate Raising $100 Million VC Fund

Singapore’s Golden Gate Ventures is raising a $100 million third fund to continue investing in Southeast Asia’s burgeoning market for e-commerce, …

Venture Capital

Singapore's Golden Gate Is Said Raising $100 Million VC Fund

<b>By Yoolim Lee</b><p>Singapore’s Golden Gate Ventures is raising a $100 million third fund to continue investing in Southeast Asia’s burgeoning market for …

Venture Capital

How Eduardo Saverin’s new $360m fund addresses the series B gap

Photo credit: B CapitalVenture capital firm B Capital Group announced last week that it completed the closing of its first fund, raising US$360 …

Venture Capital

Fewer Americans gave up their citizenship in 2017

For the first time in five years, the number of Americans renouncing their citizenship decreased in 2017, government records show.<p>Renunciations for …

Immigration

Facebook co-founder Eduardo Saverin is chasing new tech riches

Remember Mark Zuckerberg's former classmate and business partner Eduardo Saverin?<p>The Facebook (FB) co-founder is no longer in the U.S. after famously renouncing his American citizenship. But he hasn't given up on the tech industry.<p>B Capital Group, the venture capital firm Saverin set up, just …

Business

Facebook co-founder Eduardo Saverin’s B Capital Group closes first fund at $360M

B Capital Group, the VC fund founded by Facebook co-founder Eduardo Saverin, has closed out its first fund at $360 million (via Reuters).<p>The fund, which is intended to invest globally but with a focus in Asia, closed an initial $140M back in 2016. In a letter to “friends of B Capital” which we …

Technology (UK)

Facebook co-founder Saverin's VC firm raises $360 million fund

SINGAPORE (Reuters) - Facebook Inc co-founder Eduardo Saverin's venture capital firm, B Capital Group, said it has raised $360 million for its fund as it seeks to invest in technology start-ups.<p>B Capital, which is backed by The Boston Consulting Group, invests in sectors such as healthcare, …

Venture Capital

Facebook co-founder Eduardo Saverin's B capital firm raises $360 million in funds for tech start-ups

Facebook Inc co-founder <b>Eduardo Saverin</b>’s venture capital firm, B Capital Group, said it has raised $360 million for its fund as it seeks to invest in …

Venture Capital

Facebook cofounder’s B Capital Group closes first VC fund at $360 million

B Capital Group, the venture capital (VC) firm set up by Facebook cofounder Eduardo Saverin, has announced the closure of a new $360 million fund aimed at bringing a “global-first mentality” to investing.<p>Founded by Saverin and Raj Ganguly in 2015, B Capital Group focuses on startups across health …

Venture Capital

B Capital, co-led by Facebook co-founder Eduardo Saverin, raises $360M to invest in tech that underpins consumer services across logistics, insurance, more

Disability

Bloomberg Billionaires Index - Eduardo Saverin

The majority of Saverin's fortune is derived from his stake in Facebook, the world's largest social network, which had 2.1 billion monthly active …

Facebook Co-Founder Eduardo Saverin’s Tech Fund Raises $360 Million

B Capital Group, the venture capital firm backed by Facebook Inc. co-founder Eduardo Saverin, raised $360 million for its first fund, as it invests …

Venture Capital

Singapore start-up 99.co buys Indonesian property portal UrbanIndo

Singapore's property search start-up 99.co has acquired Indonesia's UrbanIndo - said to be the largest property portal in Indonesia, with more than …

Asia

Messenger Kids: What Is Facebook Thinking?

CEO Mark Zuckerberg is known for his patience.<p>In its quest to bring the entire world closer together, <b>Facebook</b> (NASDAQ:FB) has always had a small …

Facebook

Facebook Co-Founder Eduardo Saverin Becomes Singapore's Richest Person

Billionaire Eduardo Saverin, the Facebook co-founder, who became a Singapore resident after renouncing his U.S. citizenship in 2012, is now the island-nation’s richest person. With an estimated net worth of $10.1 billion, Saverin, 35, edged past property siblings Robert & Philip Ng, who have …

Emerging Markets

Asia tech news roundup – Dec 7

A Go-Jek driver with passenger. Photo credit: Go-Jek.Indonesia’s Go-Jek revealed plans for expanding beyond its home soil today, in what would …

Mobile Payments

Facebook Co-Founder Eduardo Saverin Backs First Indian Startup

Facebook Inc. co-founder Eduardo Saverin is participating in a $40 million investment in Mswipe Technologies, his first foray into the India startup …

Business

15 super Singapore start-ups to watch in 2018

Singapore is Asia. The island city-state that occupies a strategic point in the Straits between India and Hong Kong was founded as a colonial …

Startups