Disney has gotten approval to reopen its massive Disney World park in Orlando. Under the plan the company will have a “phased” reopening July 11, with limited capacity, no parades and mandatory masks for guests and employees. This mirrors the steps the company took with its reopening of Shanghai Disneyland earlier this month. There are many factors that will determine how successful this...
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Alexis Ohanian Venture Fund Plots $776 Million in New Funds
Seven Seven Six, the venture capital fund launched by Reddit co-founder Alexis Ohanian in 2020, plans to raise $776 million for two new funds, according to investment documents viewed by The Information. The planned fundraising is more than 50% bigger than what it raised last year and will test investor appetite for bigger funds during a tough environment. The Palm Beach, Fla.-based firm had an...
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