Headlines 

Billionaire Singh Brothers Accused by New York Investor of Siphoning Cash

India’s billionaire Singh brothers, already embroiled in one international legal battle over alleged fraud, are being accused of "diversion, siphoning and digression of assets" by a New York-based investor in a lawsuit filed in the High Court of Delhi. The lending arm of Malvinder and Shivinder Singh’s publicly traded financial services firm, Religare Enterprises Ltd., made 21 loans to a number of seemingly independent companies that routed at least $300 million back to privately held Singh firms on the same day, according to a central bank investigation of the company’s fiscal 2016…

Read More
Odds and Ends 

The decentralization of startup building

Sam Cash is a vice president at Betaworks. Building and investing in startups is rapidly proliferating to the many, instead of remaining the preserve of the few. The old paradigm of physical centralization Silicon Valley is the innovation bellwether of our time. The concentration of talent and capitalas well as a culture typified by speed and boldnesshas created trillions of dollars of shareholder value and pushed the envelope of innovation. The venture capitalists on Sand Hill Road have for decades dined on the fruits of funding entrepreneurs who travelled to…

Read More
Odds and Ends 

See you tomorrow at the Pittsburgh Micro-Meetup

Were in town for a few days and were excited to meet all of you at the Pittsburgh Micro-Meetup tomorrow. In preparation for Disrupt New York and our upcoming TC Sessions series on robotics, John Biggs and I are in Pittsburgh to talk to some startups. We will meet at The Shop on April 11 at 7pm, a new place near Bakery Square. Please RSVP ASAP. We also need lots and lots of startups, preferably in hardware. Startups will have two minutes to pitch and two minutes of questioning from…

Read More