Hi, this is Vinicy Chan in London, reporting back from a recent tech conference hosted by JPMorgan in London. Elsewhere today, Apollo buys a casual dining favorite and HSBC’s private credit play.
Today’s top stories
Few sectors exemplify the dizzying valuations that can be achieved when excess investor capital meets FOMO quite like technology. But after a bruising tech sell-off in 2022, startups across public and private markets were forced to reset expectations about what they were worth.
