This Week in Startups cover image

This Week in Startups

Alumni Ventures charged by SEC + What Germany got wrong about nuclear power with Mark Nelson | E1402

Mar 8, 2022
01:31:09
Snipd AI
Radiant Energy Fund Managing Director Mark Nelson joins the podcast to advocate for nuclear power and discuss the global trend of decreasing nuclear capacity. Topics include Germany's decision to abandon nuclear, the condition of aging nuclear reactors, what France got right with nuclear energy, and ways to get involved with This Week in Startups & Launch.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • The SEC charged Alumni Ventures Group for misleading investors on management fees, resulting in a $4.7M repayment and $800k penalties.
  • Index Ventures ceased investments in Russia in alignment with tech players' voluntary sanctions, reflecting a united stance against Russia's actions.

Deep dives

Alumni Ventures Group Faces SEC Charges for Misleading Investors

Alumni Ventures Group was charged by the SEC for misleading investors about management fees, leading to a $4.7 million repayment and $800,000 in penalties. The group's misleading statements on fees and internal fund transactions raised regulatory concerns. The SEC highlighted the discrepancies in the group's management fee claims and its actual practices, signaling potential violations.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode