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Goldman backs NEA’s $1.4bn VC spin-off fund

Bloomberg New Enterprise Associates (NEA), one of the largest venture capital (VC) firms in Silicon Valley, is selling off a chunk of its more mature startup investme-nts to a separate fund run by one of its partners. Goldman Sachs Group Inc, an investor in NEA, bought a stake in the new $1.35 billion fund, which expands the Wall Street firm’s ...

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Brexit prompts financial firms to weigh Dutch licences

Bloomberg As Brexit nears, the Dutch authorities processing banking and markets licenses are starting to feel the heat. About 50 banks and other financial institutions are having or have had talks with the Dutch central bank about setting up shop in the Netherlands, according to Tobias Oudejans, a spokesman for the institution. Fewer than five companies have been granted licenses ...

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AT&T plans 3-tiered streaming options

Bloomberg AT&T Inc is putting its new Time Warner arsenal of media properties to work, unveiling plans to roll out a three-tiered streaming-video service to compete with Netflix Inc. One of the new products launching late next year will be a movies-only plan, the company said. Another will have original programming as well as blockbuster films. And the highest-priced choice ...

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