A high-profile
roster of moguls
in the tech and
media industry are
investing in a
merchant bank,
Raine, according
to the Financial
Times. The FT
repor
(
more)
A high-profile roster of moguls in the tech and media industry are investing in a merchant bank, Raine, according to the Financial Times. The FT reports that former Google CEO Eric Schmidt, former Facebook president Sean Parker, Demand Media founder Richard Rosenblatt, former News Corp. COO Peter Chernin, and Facebook board member/Netscape co-founder Marc Andreessen are among the investors, which reportedly include WPP and Mubadala Development, backing Raine, a bank launched by Ari Emanuel and two "former Wall Street dealmakers."
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