400 employees became millionaires overnight when a founder sold his startup for .7 billion before its IPO

400 employees became millionaires overnight when a founder sold his startup for $3.7 billion before its IPO

For most startup founders, a billion-dollar exit is the ultimate dream. For Indian-origin entrepreneur Jyoti Bansal, however, the biggest reward from selling his company was not his own fortune, but the lives it changed for hundreds of employees. In 2017, just days before software company AppDynamics was set to go public, tech giant Cisco stepped…

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UAE among world’s fastest-growing billionaire hubs with 17 residents worth 2.6 billion: Forbes

UAE among world’s fastest-growing billionaire hubs with 17 residents worth $212.6 billion: Forbes

UAE joins leading global billionaire destinations with 17 residents on rich list / Image: file The UAE’s rise as a global destination for billionaires and high-net-worth entrepreneurs is becoming increasingly visible, and Forbes Middle East’s latest ranking offers one of the clearest snapshots yet of that transformation.According to Forbes Middle East, the UAE is now…

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Why we saw a toned-down Trump in China

Why we saw a toned-down Trump in China

Chinese President Xi Jinping and US President Donald Trump (AP photo) “Military is obvious.”The remark from US President Donald Trump came almost casually as he stood amid the grand ceremonial spectacle arranged by his Chinese counterpart and host Xi Jinping in Beijing. Rows of Chinse soldiers stood in perfect formation. Red carpets stretched across the…

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