Destiny CEO Calls Private-Tech Fund’s Meme-Like Surge a ‘Discovery Process’

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Meme-stock euphoria turned a closed-end fund into a billion-dollar behemoth this week, untethering it from the stated valuations of its privately held holdings.

Destiny CEO Calls Private-Tech Fund’s Meme-Like Surge a ‘Discovery Process’Sotheby’s Rare Bond to Be Backed by Rembrandt, Warhol ArtClearlake Renews Pursuit of Software Firm BlackbaudSenator Menendez, Wife’s Bribery Trial Will Be SplitBig Tech’s ‘Interconnected Web’ of AI Investments Concerns UK’s CMAMore Companies Are Defaulting Over and Over Again, S&P SaysVertex to Buy Kidney Disease Drug Developer for $4.

inflation heats upThe Daily Chase: Tilray and BlackBerry heading in opposite directionsAccountant shortage weighing heavy on Canadian companies during tax season: surveyFaulty inflation forecasts hold Bank of Canada back on rate cutsArgentina Cuts Key Rate to 70% as Investors See Inflation EasingPoland May Donate More Post-Soviet Missiles to UkrainePeru Set to Hold Rates After Inflation SurprisePolitical Rift Forces France to Drop Law for Energy TargetsUkraine Says Russia Destroyed Kyiv...

 

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