VinFast Is Burning Through Its Founder’s Cash At An Alarming Rate
swifttelecast - 2024-04-28T05:16:03.000Z

Good morning! It’s Friday, April 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are

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Car insurance costs are pretty brutal at the moment — they’re up more than 22% since this time last year. There’s plenty you can do to lower your bill, but some of the best advice out there still requires a certain amount of upfront cash. For example, paying your annual premium all in one go could eliminate the extra fees some insurers charge customers for paying month by month. But that may not be an option if your budget is tight and your premium has surged. Insurers have been playing catch-up...
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Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund
Global Founders Capital, the Berlin-based early-stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a few years ago, its name appeared in dozens of deals per year. But then, things quietened […] © 2024 TechCrunch. All rights reserved. For personal use only.
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- 2024-04-26T09:16:29.000Z

In related news

Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.

Boeing’s (BA) $3.9 Billion Cash Burn Adds Urgency to Quality Reboot

Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund