Today's Edition
Razorpay's $5 billion valuation question
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
External capital for Abu Dhabi’s youngest sovereign fund unit
L’imad Capital’s new idea of outside money, Manchester City’s thorny verdict and other updates from this week.
Saudi Arabia’s big push to clean up its markets
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
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The Middle East Edition
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Demystifying the world of freelance journalism
In a failing news ecosystem, independent journalists keep the story alive. A sneak peek into how they do things to get the best results and the challenges they face.
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State of Unicorns
How ShopClues faded without a fight
The fall of this e-commerce giant within a decade of its launch was marked by blind optimism, a total disregard for customers and a massive failure to read the tea leaves.
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