BlackRock has invested in some of India’s hottest startups, including WhatsApp and Snapdeal, and plans to add at least $500 million to the Indian tech sector in the next two years.It has a significant presence in the country and has an ambitious long-term vision of building a billion-dollar tech ecosystem by 2020.The investment follows aRead More
blackrock investor relations
When Spotify and BlackRock invested in a ‘strategic investment’
In December 2017, BlackRock and Spotify agreed to invest $150 million in a “strategic” investment fund for the online music service.The investment was announced by Spotify CEO Daniel Ek, who said: “This investment will give us the opportunity to expand our global footprint and provide a robust ecosystem of access and access for artists andRead More
ExxonMobil Investors Get $2.4 Million Investment for Their First ETF in the Middle of a Crisis
Investors who’ve been waiting to buy a stock are getting an unexpected boost with a new investment fund in the middle of a crisis.TESLA Investments announced Friday that it had acquired TESLA Ventures, a $1 billion fund with a portfolio of assets managed by investment management firm Blackrock.TESTAMAX is the first investment fund for TESLAVsRead More
‘WTF is going on?’ at BlackRock investor relations
The former CEO of BlackRock said he’s frustrated with his management style, as well as with how his team is working under a new CEO.Read moreThe former CEO and co-founder of Blackrock told Axios that his team at the investment bank is “not working in the best way” and that his management has been “horrible.”TheRead More