380m

dailymotion

Kenny Belaey, Vincent Hermanceet Guillaume Dunand ont tapé un délire assez particuler, faire du trial, leur discipline car ils sont plusieurs fois champion du monde (Kenny 9 fois, Vincent 5 fois, et pour Gui, lui il fais parti du top 10 des meilleurs du monde) Donc ils sont fais du trial sur un téléphérique à 380m de haut. Chaud chaud !!!

Thong Sia Building sold for $380m in Singapore’s largest ever mixed-use collective sale

It was sold to a private investment group.

Thong Sia Building, a 26-storey mixed building located along Bideford Road, will be sold to a private investment group for $380m.

The deal reflects a price of $2,430 psf over the existing gross floor area for the freehold building. According to JLL, who brokered the sale, this is the largest mixed-use collective sale in Singapore.

The building currently comprises seven levels of commercial space and a 19-level residential tower of 37 apartments.

“The sale of Thong Sia Building at $380 million makes it the second largest collective sale over the last seven years, after Serangoon Plaza, as well as the largest ever mixed-use collective sale in Singapore. While en bloc sales tend to take place when the market is on the uptrend, which is not the case now in particular for the residential market, there would still be takers for attractive and well-priced assets such as Thong Sia Building,” said Karamjit Singh, International Director, JLL

It was sold to a member of SIN Capital Group, a private investment group in Asia. The sale is subject to approval by the Strata Titles Board before it can be completed.



More From Singapore Business Review
News business has the wind in its sails

After a decade it would rather forget, the news industry suddenly has wind in its sails. From Nikkei’s surprise £844m capture of the FT Group last week to the rising valuations of digital services, investors have rediscovered their appetite for news.

They have backed a range of brands. Vox Media, which operates sites such as Eater, Curbed and Recode, secured $46.5m of financing last year from General Atlantic, the New York private equity firm, in a deal that valued it at $380m.

BuzzFeed, the news platform known for its lists, attracted a $50m investment from Andreessen Horowtiz, the Silicon Valley private equity firm, which valued it at $850m.

Some older brands are attracting valuations as lofty as their digital counterparts. Pearson, the education group that sold the FT to Nikkei, owns 50 per cent of The Economist Group and is in talks to sell its stake in a deal that could value the title at £800m.

Two of the world’s richest men have also backed the sector. Mexico’s Carlos Slim doubled his stake in the New York Times this year to almost 17 per cent after exercising warrants he was issued in 2009 when he loaned the company $250m. Jeff Bezos, founder of Amazon, is two years into his ownership of the Washington Post, having bought it for $250m.

What has convinced investors to take another look at news? “There has been a lot of disruption but there has never been a lack of consumer demand for quality news content,” says Jim Bankoff, chief executive of Vox Media.

Another clue can be found in the actions of Apple and Facebook, which have built news offerings. The technology companies have realised that, like photo sharing and music apps, news can attract and retain users of their mobile services. This year will be the first when smartphones are responsible for 50 per cent of news consumption, up from 25 per cent in 2012, according to Ken Doctor, an analyst with Newsonomics. The smartphone has become “the primary access point for many readers”, he says.

The news brands that have attracted the most interest are digital, mobile and global. For Nikkei, buying the FT gives it an opportunity to expand into new markets - particularly in Asia, says Mr Doctor, where markets such as South Korea, Indonesia and India are growing rapidly. The FT “gives Nikkei more weight and more smarts in how to compete”, he says.

BuzzFeed is building an international business and recently hired Janine Gibson, a former Guardian US editor, as its UK editor.

The New York Times has also beefed up its international operations and employs about 60 people in London, with plans to add four positions for its T Brand Studio, a “custom content” operation run by its advertising department.

Politico, the website that upended the hierarchy of US political coverage, has also expanded beyond its home market, launching a pan-European edition backed by Axel Springer, the German media group which narrowly missed out on the FT.

The prospects for news brands that are domestic-focused or lack an established digital strategy are less clear. The New York Times and Wall Street Journal have national and international aspirations and have built big digital subscription businesses: the Times has close to 1m paying digital subscribers while the Journal has 725,000. But Tribune Publishing, which owns 10 daily titles including the Los Angeles Times, Chicago Tribune and Baltimore Sun, had just 67,000 paying subscribers across its portfolio at the end of the first quarter, according to a company filing.

The tabular content relating to this article is not available to view. Apologies in advance for the inconvenience caused.

The global market for business news coverage has become more competitive and is dominated by a few companies. “In the context of an increasingly global battle between giants like Bloomberg, Thomson Reuters, the New York Times and Dow Jones, the Nikkei-FT deal makes sense,” says Douglas McCabe, media analyst with Enders Analysis. “Buying the FT means Nikkei becomes more of a global player.”

The news and information brands most coveted by investors have another attribute in common: audience. Vice Media, which has amassed a large audience of millennial readers and viewers, raised $500m from investors last year including A&E Networks and Technology Crossover Ventures, the Silicon Valley private equity firm, that valued it at $2.5bn.

Even the potential to build and retain online audiences has appeal: Axel Springer recently invested $20m in Ozy, a millennial-focused news brand, acquiring a 16 per cent stake that valued the start-up at about $120m.

Some investors have fled the news industry, scared off by flagging news-stand sales and lower advertising revenues. But with the likes of Facebook and Apple interested in news content and buyers poring over old and new brands, the sector is being redefined for the digital age.

CAÑON DEL EBRO

Autor: Antonio Diaz Jerez

Las Hoces del Alto Ebro es un paraje natural excepcional que adquiere un valor enorme con una breve explicación de porqué ha llegado a ser como es y cual es su historia.

A lo largo de miles de años las aguas del Rio Ebro han ido erosionado la geología original del cretácico superior. Esta erosión se debe a que la mayor parte de los minerales que abundan en este territorio son solubles en agua, lo que ha facilitado que en un periodo extenso se hayan generado cañones que serpentean como si de una gran grieta se tratase. La erosión ha llegado a tal punto que en algunos lugares de esta región la diferencia de altura entre los páramos y el río alcanza los 380m.

La erosión no solo ha dejado un paisaje espectacular, sino que ha conseguido que, gracias a las paredes verticales y ayudado por la humedad que el río mantiene constante, se crease un microfilm único en España que alberga en si mismo varios ecosistemas. Esa singularidad ha llevado a muchos científicos a estudiar la variedad de plantas medicinales allí presentes, originales de ecosistemas lejanos como el mediterráneo y el atlántico. Se ha dado lugar a mas de diez diferentes clases de bosques y alrededor de doscientas plantas medicinales. Por si fuera poco, la solubilidad de estos minerales, gracias a las reacciones químicas naturales de sus elementos, ha dotado a las aguas que recorren estos cañones con propiedades mineromedicinales beneficiosas para muchos tipos de enfermedades.

New Post has been published on Cryptonewz.com

New Post has been published on http://cryptonewz.com/10-vc-firms-betting-big-on-bitcoin-and-the-blockchain/

10 VC Firms Betting Big on Bitcoin and the Blockchain

With more than $800m so far invested in bitcoin and blockchain technology startups since 2012, it’s safe to say that venture capitalists are certain captivated.

Investments in the industry have already exceeded the cumulative total for 2014, with more than $380m pledged to startups in publicly announced funding rounds this year.

While an impressive figure on its own, what that number doesn’t successfully convey is how many seed to late-stage firms are making bets on the new wave of innovators aiming to take bitcoin and blockchain technology forward.

CoinDesk’s Bitcoin Venture Capital data indicates nearly 200 VC firms have invested in bitcoin companies, a total that excludes the many individual and angel investors that have participated in public funding rounds as well as the various private deals kept out of the public eye for as-yet-unannounced stealth projects.

Out of these many investment firms, however, clear leaders have emerged whose investment deals and ideals have influenced the wider ecosystem.

With this in mind, we’ve compiled a list of 10 of the most influential and visible investment firms in the industry.

IDG Capital Partners

The only non-US entity on the list, China’s IDG Capital has emerged as an early, yet conservative investor with a stronger emphasis on applications of the blockchain as a distributed ledger.

IDG’s first investment came during its May 2013 funding of Ripple Labs, a distributed payments protocol provider that has raised $37m in total and recently closed a $28m Series A.

Later, it took part in Koinify’s $1m fundraising. Originally conceived as a decentralized Kickstarter, Koinify has since announced it plans to pivot as a result of unsustainable revenues.

Though the firm seems to prefer investments in distributed ledger tech, IDG has nonetheless backed one of the largest bitcoin services providers, Boston-based Circle Internet Financial, having participated in Circle’s $50m Series C in April.

A representative from IDG Ventures USA indicated that the firm is currently looking for early stage opportunities, while its China-based counterpart is focused on late-stage deals.

Khosla Ventures

Described by TechCrunch as a “mega VC firm”, Menlo Park-based Khosla Ventures recently raised $400m to fund its next batch of seed investments, some of which could end up being devoted to bitcoin or blockchain firms.

Khosla has been relatively quiet in the public regarding its stance on bitcoin, the blockchain and if its investment thesis favors one or the other. Still, that hasn’t stopped it from participating in some of the most talked about funding rounds in the space.

Khosla’s bitcoin portfolio includes industry fundraising leader 21 Inc, which has amassed more than $120m in startup capital to date, as well as the sector’s largest pure technology play Blockstream.

Elsewhere, Khosla has backed smaller funding rounds by blockchain technology specialist Chain and financial services provider BlockScore.

Boost VC

San Mateo’s Boost VC may be moving away from a specific focus on bitcoin (recently announcing its newest class would be equally dedicated to virtual reality), but since its inception in 2013, it’s been one of the most prolific investors in the space.

Boost VC has stated it aims to back 100 bitcoin companies by 2017, and it already boasts a portfolio including startups with growth potential including Align Commerce, BlockCypher, BTCPoint, BitPagos and Reveal.

Given that most of its investments are early stage, it’s hard to fully evaluate Boost’s emphasis on volume in its approach to the ecosystem.

So far, only one of its portfolio companies, blockchain smart contracts startup Mirror, has reached a Series A round.

AME Cloud Ventures

The early-stage startup fund founded by Yahoo founder Jerry Yang, AME Cloud Ventures has emerged as another cautious and infrequent investor in the bitcoin industry.

The Palo Alto-based company boasts three of the best-funded startups in its portfolio to date – BitPay, Blockstream, Ripple Labs, as well as Blockcypher and blockchain identity solution ShoCard.

Despite the public investments, however, both Yang and his firm remain quiet about both their investment strategy and opinions on bitcoin.

Lightspeed Venture Partners

Though Lightspeed has arguably slowed the pace of its investments in the technology, the venture capital firm was one of its earliest and most vocal supporters, with partner Jeremy Liew voicing his enthusiasm publicly for the technology as early as 2013 and appearing as a witness at the New York BitLicense hearings in 2014.

Overall, Lightspeed has made an interesting investment in an array of bitcoin and blockchain companies either directly or through its subsidiaries, backing BlockScore, digital asset exchange Melotic and China-based bitcoin exchange BTC China. Lightspeed also made a key early investment in bitcoin-focused incubator Boost VC in May 2013.

However, Lightspeed moved most decisively in October 2014 backing a $30.5m funding round for bitcoin wallet provider Blockchain. The funding, then the largest in the space, arguably set the stage for even bigger rounds at the top of 2015.

Liew has said of his firm’s strategy:

“We believe that in the next few years the core opportunities in the bitcoin ecosystem will be driven by store-of-value and speculation use cases, and that only after these use cases support a much higher bitcoin market cap will the bitcoin 2.0, distributed ledger opportunities be ready to scale to realize their full opportunity.”

Ribbit Capital

Yet another venture firm that has provided perhaps more thought leadership than investment to the technology’s ecosystem is Ribbit Capital.

Launched in 2013, the VC firm was one of the first to take an interest in the space, with founder Micky Malka joining the Bitcoin Foundation, then the industry’s leading trade group, as an industry board member.

Though enthusiastic, Ribbit has been equally patient backing some of the ecosystem’s biggest funding rounds, including those from Blockstream, BTCJam, Coinbase, Ripple Labs and Xapo.

Still, according to Malka, there’s value in adopting a long-term investment strategy with regards to the ecosystem. Following Coinbase’s $75m Series C, he told CoinDesk:

“The good news for bitcoin is the long-term belief from established players that it is worth understanding what can happen in this ecosystem instead of simply believing it will never happen. It’s obvious still early but Rome wasn’t built in one year.”

Union Square Ventures

Driven by outspoken partner Fred Wilson, Union Square Ventures (USV) has been among the most actively engaged in the public dialogue on the technology.

While liberal with its praise, however, USV has been conservative with its funds.

To date, USV has made investments in only three bitcoin and blockchain companies – bitcoin services firm Coinbase, decentralized commerce network OpenBazaar and open-source identity protocol OneName.

The investments, while seemingly disparate, however, suggest one of the more well-defined theses among major VC firms. USV believes in exploring whether the explosive growth enabled by the bitcoin protocol could be applied to verticals beyond finance rather than investments in bitcoin’s supporting ecosystem.

As Wilson told CoinDesk in January:

”We’re not interested in investing in a company that’s the same as Coinbase. I think Coinbase has a big opportunity in front of itself and so we’re careful not to investment anywhere close to what they’re doing.”

RRE Ventures

Another firm not as public with its praise for the technology, RRE has more quietly added an impressive list of bitcoin companies to its portfolio.

Starting with bitcoin exchange itBit in 2013, RRE has since invested in bitcoin mining firm 21 Inc; merchant payment processor BitPay; API specialists Gem; hardware wallet provider Case; Mirror and Ripple Labs.

Perhaps its most noteworthy investment, however, is blockchain technology firm Chain, which is led by CEO and RRE partner Adam Ludwin.

RRE’s investments are noteworthy given their variety, though most of these startups are focused on fundamental aspects of the bitcoin ecosystem, whether it be machine-to-machine payments or blockchain-based smart contracts.

However, these investments could come to form only a fraction of what’s next for the firm, as it has raised $1.5bn over seven funds since its founding in 1994.

Digital Currency Group (formerly Bitcoin Opportunity Corp)

BitFlyer, BitPay, BitPesa, BitGo, BitNet, BitPremier, BitX – these are just a handful of the bitcoin-focused startups boasting a ‘bit’ prefix and backed by Barry Silbert’s Bitcoin Opportunity Corp.

Recently rebranded as Digital Currency Group (DCG), Silbert’s fund has been one of the most active investors both personally and through DCG, with major names such as Coinbase, Circle and Ripple Labs rounding out its portfolio of 35 companies.

DCG has been bullish on bitcoin on all fronts, backing firms both in the US and internationally in Latin America, Mexico, Japan and South Korea, and supporting innovation in virtually all areas of the digital currency ecosystem.

Andreessen Horowitz

Perhaps inarguably the most high-profile firm involved in the bitcoin ecosystem has been Andreessen Horowitz, the private equity firm launched by Netscape founder Marc Andreessen and Netscape product manager Ben Horowitz.

Following its participation in Ripple Lab’s April 2013 investment round, Andreessen Horowitz moved aggressively to help develop and cultivate the industry’s two best-funded startups, Coinbase and 21 Inc, which account for $227m in total investment or more than $1 in $4 so far invested in the industry.

Andreessen Horowitz has also seen general partner Balaji Srinivasan take on an active role in the development of 21 when he assumed the company’s CEO position in May.

Andreessen himself has further adopted the role of one of the technology’s most high-profile defenders, routinely tweeting about developments that both directly and indirectly impact the space from his heavily followed @pmarca account.

The company has also participated in smaller investment rounds for TradeBlock and OpenBazaar, signaling that it remains interested in early bets on potentially disruptive ideas.

Venture capital image via Shutterstock

Andreessen HorowitzBitcoin Opportunity CorpBoost VCFundingIDG Capital PartnersLightspeed Venture PartnersRibbit CapitalStartupsUnion Square Ventures

10 VC Firms Betting Big on Bitcoin and the Blockchain

With more than $800m so far invested in bitcoin and blockchain technology startups since 2012, it’s safe to say that venture capitalists are certain captivated.Investments in the industry have already exceeded the cumulative total for 2014, with more than $380m pledged to startups in…

…continue to read on : http://bitcoin.com.so/2015/07/19/10-vc-firms-betting-big-on-bitcoin-and-the-blockchain/

Bitcoin & So