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Terry Smith, the veteran City dealer, is today putting his money where his mouth is by investing £25m of his own cash in a new start-up investment fund that he hopes will shake up the "broken" fund management industry.
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Online, in what is sometimes called the "money primary," a foreign policy noninterventionist is breaking fund-raising records.
Will the financial masters of the universe at these lavish events once again break fund-raising records, or will they start to close their wallets at the first sign of trouble?
Michael Janofsky (NYT) THE MONEY HOUSE RACES BREAKING RECORDS -- In a year in which a switch of only six seats would give Democrats control of the House of Representatives, nominees and political committees in both parties are breaking fund-raising records.
The Republican and Democratic Parties broke fund-raising records in the first six months of the year, together pulling in more than $115 million, with Republicans firmly in the lead, party officials said today.
TechCrunch Disrupt, breaking funding news from a year ago!
Deciding whether to list an animal as critically endangered or just vulnerable could make or break funding for that creature, so there is a tendency to lean toward the direst possible listing.
While we're not sure of the exact reason for the reporting discrepancy, the last time we broke funding news like this, with an overage in raise amount, was Snapchat.
As line-breaks go, "funds raised by flogging / all non-essential goods" fairly trips over its shoelaces.
"The system is broken somehow – funding doesn't reward risk-taking.
"NSW will not agree to returning to the broken SES funding model," he said in a statement.
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