Tootfinder

Filings: Bengaluru-based fintech Cred, which offers rewards for paying credit card bills and more, raised ~$72M at a $3.5B valuation, down from $6.4B in 2022 (The Economic Times)
https://ec…

Cred raises fresh funds from GIC, others; valuation cut by 45% to $3.5 billion
The fintech major was valued at $6.4 billion in 2022 during its last major fund infusion. The current fund infusion is in the form of primary capital, which means that existing investors have not sold any shares in this round. The drop in valuation was in line with the company's plans to list in India over the next two years, people in the know said.

Statement by YDS Dean Greg Sterling.
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We are relieved that two members of the YDS community, Rev. William Barber and Rev. Jonathan Wilson-Hartgrove, are safe and unharmed following their arrest while praying in the Capitol Rotunda yesterday. We applaud them for their courage in standing up for Christian values and doing so in accordance with the venerable tradition of nonviolent action.

Rev. William Barber arrested in Capitol Rotunda after praying against Republican-led budget
(RNS) — While arrests of protesters at the Capitol is not unusual, the response to Barber’s prayer was unusually dramatic: After issuing verbal warnings, dozens of officers expelled everyone in the Rotunda — including credentialed press.

Art house streaming service and distributor Mubi raised $100M led by Sequoia at a $1B valuation; Mubi has about 20M registered users worldwide (Christopher Grimes/Financial Times)
https://www.ft.com/content/1e0645d5-054e-4b00-a545-b95a1e2b261a

Sequoia bets on indie films with $100mn Mubi fundraising
Capital infusion led by Silicon Valley firm comes after box office success of ‘The Substance’

Art house streaming service and distributor Mubi raised $100M led by Sequoia at a $1B valuation; Mubi has about 20M registered users worldwide (Christopher Grimes/Financial Times)
https://www.ft.com/content/1e0645d5-054e-4b00-a545-b95a1e2b261a

Sequoia bets on indie films with $100mn Mubi fundraising
Capital infusion led by Silicon Valley firm comes after box office success of ‘The Substance’

This https://arxiv.org/abs/2411.06875 has been replaced.
initial toot: https://mastoxiv.page/@arXiv_eco…

NGO Activism: Exposure vs. Influence
We analyze the timing of NGO campaigns to shed light on NGOs' strategies and how they evolve over time. Data from 2,500 campaigns show that NGOs are six times more likely to launch campaigns on their target's Annual General Meeting (AGM) date. Although this strategy increases media exposure and stakeholder scrutiny, resulting in consumer backlash and related shareholder proposals at the following AGM of the targeted firm, it has no impact on current AGM votes. As NGOs build reputational capital…