London VC’s bet on Revolut pays off
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Two former senior executives at the collapsed subprime car lender Tricolor Holdings pleaded not guilty to fraud and financial crime charges, and Microsoft is pledging to “pay its way” for its AI data centres. Plus, US inflation stayed at 2.7 per cent in December, and we’ll talk about what Balderton Capital’s early investment in Revolut can teach us about venture capital investment.
Mentioned in this podcast:
Tricolor executives plead not guilty to charges stemming from collapse
Microsoft vows to ‘pay its way’ as it seeks to defuse data centre backlash
US inflation stays at 2.7% in December
Billions from a million: the London VC that hit the jackpot with Revolut
FT subscription sale
Note: The FT does not use generative AI to voice its podcasts
Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Fiona Symon and Victoria Craig. Our show was mixed by Kelly Garry. Additional help from Michael Lello and Gavin Kallmann. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
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