Ben Ling’s Bling Capital just raised $270M for its fourth fund, with half reserved for follow-on investments in standout startups. Known for backing unicorns like GitLab and Webflow, Bling leverages a powerful network of tech leaders from firms like OpenAI and Stripe to guide its portfolio.
This team invested in 170 startups, including Rippling and Vise, this seed-stage VC keeps proving its knack for spotting the next big thing.
Ben Ling’s Bling Capital just raised $270M for its fourth fund, with half reserved for follow-on investments in standout startups. Known for backing unicorns like GitLab and Webflow, Bling leverages a powerful network of tech leaders from firms like OpenAI and Stripe to guide its portfolio.
This team invested in 170 startups, including Rippling and Vise, this seed-stage VC keeps proving its knack for spotting the next big thing.
Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. Lastly, the web previews of t.me links have been given a new look, adding chat backgrounds and design elements from the fully-features Telegram Web client. In the United States, Telegram's lower public profile has helped it mostly avoid high level scrutiny from Congress, but it has not gone unnoticed. Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress.
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