Up next
Author

A Silicon Valley laser startup that went public in February had a surprising investor: a Russian billionaire.

The deal, routed through a series of offshore companies and a venture fund, let the oligarch, Alisher Usmanov, move more of his vast wealth into the West. The fund’s stake at the IPO was valued at $175 million.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Veterans leading Afghan evacuations demand help from Biden and Congress

Hundreds of veterans and other front-line volunteers who have organized ongoing evacuations…

‘Signs of life’ on Venus might just be ordinary sulfur gas

The widely-publicized detection of phosphine gas on Venus – a possible “biosignature”…

Why It’s Better to Grow Wild Plants Like Ramps Than to Forage for Them

Jared Rosenbaum knows the primal thrill of foraging — a sense of…

Vacant Offices Are Piling Up in Silicon Valley

.css-gqk1n{box-sizing:border-box;-webkit-text-decoration:none;text-decoration:none;min-height:32px;min-width:64px;cursor:default;overflow:hidden;border:none;-webkit-appearance:none;-moz-appearance:none;-ms-appearance:none;appearance:none;background-color:transparent;border-radius:2px;color:rgba(34,34,34,1);cursor:pointer;}.css-gqk1n svg{width:16px;height:16px;}.css-gqk1n svg{fill:rgba(34,34,34,1);}.css-gqk1n:hover:not(:disabled){background-color:rgba(244,244,244,1);}.css-gqk1n:active:not(:disabled){background-color:rgba(235,235,235,1);}.css-gqk1n:disabled{color:#ABABAB;}.css-gqk1n:disabled svg{fill:#ABABAB;}.css-gqk1n:focus-visible:not(:disabled){outline-color:rgba(10,102,216,1);outline-style:solid;outline-width:2px;outline-offset:2px;}@media not all and (min-resolution: 0.001dpcm){@supports (-webkit-appearance: none) and…