Richard Nieva
Senior Writer at Forbes
Senior writer, @Forbes. Previously: @BuzzFeedNews. East Bay native. DMs open. Tips: [email protected] or Signal at username RNieva.26
Articles
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1 week ago |
forbes.com.au | Shivaune Field |Mark Whittaker |Richard Nieva |Stewart Hawkins
The fastest-growing unicorn to emerge from Australia, Airwallex, has raised over $1 billion and serves 150,000 customers worldwide. Lucy Liu - the co-founder and investor - wrote a $1 million cheque, giving rise to a company now valued almost 10,000 times that. Ten years ago, Lucy Liu sat down at a Collins St, Melbourne restaurant, and promised Max Li and Jack Zhang a $1 million cheque.
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2 weeks ago |
forbes.com.au | Mark Whittaker |Richard Nieva |Stewart Hawkins |Jonathan Burgos
Olivia Burrows Sutherland gave up teaching to follow her own wedding playbook - now the rich and famous pay her to go viral on their big day. Olivia Burrows Sutherland is sitting across from billionaire Ankur Jain, telling him he just has to trust her. The 30-year-old who not long ago was a high school teacher in Melbourne is telling the 34-year-old founder of Bilt - valued by Forbes at US$1.2 billion - how the business rolls. "And I tell him, 'Ankur, this will work. We're going to have so much fun.
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3 weeks ago |
forbes.com.au | Anastasia Santoreneos |Catherine Wang |Richard Nieva
The airline is set to re-enter the ASX and looking to raise $685 million in its initial public offering, Reuters reports. Key Takeaways Virgin Australia is set to IPO on the Australian Securities Exchange, seeking $685 million. It will sell 236.2 million shares, which will value the airline at $2.32 billion, according to a term sheet seen by Reuters. Bain Capital, the airline's owner, will have its shareholder reduced to 39.4%, while stakeholder Qatar Airways will keep its 23% share.
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3 weeks ago |
forbes.com.au | Anastasia Santoreneos |David Phelan |Mark Whittaker |Richard Nieva
Last-mile delivery start-up Locate Technologies says it will stash cash in excess of its working capital in Bitcoin. Key Takeaways Locate Technologies, an ASX-listed last-mile delivery start-up founded in 2014 to improve the delivery experience for customers, has raised $1.45 million. The company says it will allocate cash in excess of its working capital requirement to Bitcoin.
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3 weeks ago |
forbes.com.au | David Phelan |Mark Whittaker |Richard Nieva
When Apple releases its next iPhones this fall, it'll be clear whether reports of a thicker-than-ever iPhone Pro Max are true. How thick is too thick? A new video showing a dummy may give us clues and now the same source has provided us with a further picture of an iPhone 17 Pro dummy for comparison. More on that in a moment.
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Scoop: Dalton Caldwell and Paul Buchheit, two long-tenured Y combinator partners, are leaving the firm to start their own Series A fund. https://t.co/4aenEH3VID
New: As Scale and Meta finalize their deal, OpenAI, one of Scale’s most prominent customers, has already been working for months to wind down its business with Scale and is vetting new partners, sources told Forbes. https://t.co/qOf0M9YA1i
For our Midas Seed list, I profiled Satya Patel of Homebrew. Chris Britt, CEO of IPO-bound Chime, says he walks the “fine line” of knowing when to push and let founders “do our thing.” https://t.co/w5i4g5Xln9 https://t.co/NGoWznRM4f