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The best wineries in Sonoma County for wine tasting
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Expedia to host its first Hackathon in Seattle
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By Kristy Dorsey Though upbeat about the quality of investment opportunities across the Scottish business landscape, Jackie Waring of Investing Women (IW) is also a bit frustrated. While her group has agreed several deals in recent months, most of them remain under wraps for the time being, making it difficult to drill down into detailed activity. “We have done a pile of investment recently, but for various reasons people are holding back and saying no, let’s not say anything about that yet,” she explains. There’s currently £80,000 in the pipeline for a female-founded technology company working in the music sector, while another deal was recently completed to support a film and media venture whose technology will increase the diversity of content in that sector. Ms Waring believes the creative industries represent a “big growth” area.
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Investors sue Washington state bitcoin mining magnate who they say bilked them for millions
March 12, 2021 at 8:17 am
Malachi Salcido, founder of Salcido Enterprises, used his expertise building large climate-controlled buildings to set up a bitcoin mining operation in the Wenatchee Valley. (GeekWire File Photo)
Investors who bet big on Malachi Salcido, a self-described bitcoin mining magnate, now claim the Washington state man busted his own business, and may have cost them millions of dollars.
A group of investors who sunk $8.5 million into Salcido’s bitcoin mining company, StepChange, claim the Wenatchee man misappropriated, embezzled or otherwise misspent $2.4 million in company money over three years. At one bitcoin mine that he owns, Salcido charged StepChange a company that he held a controlling interest in rents that were more than nine times what he was paying on the mortgage.