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Three unusual things about the King's tax bill BBCKing Charles becomes first monarch to reveal tax bill as royal public funding to double to £100m BBCKing Charles III Has Paid More Than $39.6 Million in Taxes, Palace Discloses in a U.K. First The New York TimesAt last, an economic policy we can all get behind - doubling the royal family's funding | Marina Hyde The GuardianTaxpayer funding for royals will rise to £138mn amid Buckingham Palace works Financial Times
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Romanian venture capital firm Fortech Ventures has rebranded as Nucleo Ventures alongside the launch of a €34m investment fund targeting startups and innovative SMEs across Romania and Central and Eastern Europe.
The post Romania's Fortech Ventures rebrands as Nucleo Ventures with €34m regional VC fund appeared first on AltAssets Private Equity News.
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Pierre-Olivier Gourinchas, who is leaving the fund, warns attempts to gain small advantages will be ‘self-defeating'
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DayMark Wealth Partners has reached the final close of DayMark Fund I at $25m, completing the vehicle in partnership with Opto Investments. The fund was structured to offer accredited investors and qualified clients with diversified, growth-oriented exposure to private markets through a single vehicle. Capital will be split equally between private equity and venture capital, […]
The post DayMark closes $25m private markets fund with Opto appeared first on AltAssets Private Equity News.
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3IF Ventures, an impact venture capital fund dedicated to Africa's insurance start-up market, has made its first close of its III Fund at $12m. According to AfricaGlobalFunds, the Inclusive Insurance Fund is co-anchored by FSD Africa Investments and ZEP-RE, and will provide equity financing from pre-seed to Series B stages for early-stage InsurTech businesses […]
The post 3IF Ventures concludes first tranche of African Inclusive Insurance Fund at $12m appeared first on AltAssets Private Equity News.
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Let's say you purchase a used car from a dealership and later want to bring it back for a refund. Do you have the legal right to get your money back regardless of the reason? Does the "Three-Day Cooling Off Period" apply?
That's what "Mack" thought.
‘I Looked Under the Seats and Found Drug Paraphernalia!'
"I bought a used SUV two days ago and want to take it back to the dealer for a refund, but when I told them why they laughed at me and refused," Mack told me in a call recently.
When I asked if there was anything mechanically wrong with the vehicle, he replied, "No, it drives fine, but it is what I found under the front seats that scares me: dangerous drug paraphernalia." His tone of voice grew increasingly strident the longer we spoke.
And what was he looking for under the front seats?
SEE MORE PODCAST: Car-Buying in an Inflated Market with Jenni Newman
"For money or jewelry sometimes that winds up there, but instead I found vaping equipment! That's illegal! I don't know what other illegal items are in the car, and I want my money back! Also, don't I have three days to cancel the contract?"
I explained to Mack that while there is such a thing as a Three-Day Cooling-Off Rule, in most all cases - including this one - it doesn't apply to car purchases. And besides, in his state, mere possession of vaping hardware is not illegal. Unless he had the right to bring the car back for a refund - spelled out in the sales contract - the dealership could decline his request.
Car Buyers Shouldn't Believe the 3-Day Myth
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