Elon Musk agrees to pay $20 million and quit as Tesla chairman in deal with SEC
Elon Musk agreed Saturday to step down as chairman of Tesla and pay a $20 million fine in a deal to settle charges brought this week by the Securities and Exchange Commission.
Alexis Ohanian’s VC firm raises new $225M fund
Initialized Capital, the early-stage venture capital firm started by Reddit cofounder Alexis Ohanian along with Garry Tan, just raised its fourth and largest fund.