Author: tremendousblog
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I walked up the cracked country road, wildflowers on either side. The birds sang and a rustle in the bushes made me turn my head. A chipmunk! The little grey man stood still, awaiting my next move. I tried to get a picture, but he was too fast! This weekend…
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Uber is great for rides and food. But what if you need an oil change? You’re stuck wading through Google listings and making phone calls, trying to find an affordable option that isn’t 20 miles away. Until now. Dealgrace is basically Uber for everything else. Request an oil change through…
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+ Auto Repair, Finance, Investing, Money, SF Bay Area, Small Business, Startups, Tech, Venture Capital+
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The pain continued in May for Tiger Global Management. The hedge fund giant is losing money at a rate of over $130 million a day and most of its capital is gone. From a Bloomberg report that broke this morning: Losses at Tiger Global Management reached 52% this year, prompting…
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It’s no secret that tech stocks have gotten kicked in the face in the last 6 months. The NASDAQ index of tech stocks is down 26% since November: I’m convinced that public tech stocks are oversold right now. That’s been my gut feeling for at least a month, but today…
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Credit Suisse may soon raise over $1 billion in new capital after a string of huge losses last year. From a Reuters report this morning: Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses has eroded its financial buffers, two…
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+ Business+ AMC, Banks, Finance, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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Another day, another hedge fund scandal. The SEC announced charges this week against a Detroit hedge fund for bilking investors of tens of millions of dollars. From Financial Advisor magazine: The Securities and Exchange Commission today announced fraud charges against Detroit-based EIA All Weather Alpha Fund Partners I LLC (EIA)…
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+ Business+ Crime, Detroit, Finance, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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I had the pleasure of chatting with angel investor Michael Conniff on his The Accelerator podcast recently! We talk about how to find a great startup to invest in, some of my recent investments, and the robot pizza future. I’ve provided some links to key parts below. Enjoy! 3:28: What…
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Hedge fund giant Segantii Capital Management has been cut off from trading by two major banks. From a Financial Times report that broke this morning: Bank of America and Citigroup have suspended all equity trading with Segantii Capital Management, due to the banks’ concerns about the hedge fund’s bets on…
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A man walks in a remote field. From a place he cannot even see, a quiet drone takes off. It’s headed his way. This drone was made by Anduril Industries and this time, it just watched. But it can do a lot more. These powerful craft can fly at 80…
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Hey everyone! 👋 Hope your Monday is going great. I gave a talk at the Starta Accelerator in NYC last week. It was a lot of fun! I talk about how the venture capital market works, my investing approach, and today’s pullback in fundraising. And a lot more! Here are…
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+ Entrepreneur, Finance, Investing, Money, New York City, NYC, Startups, Stock Market, Tech, Venture Capital+
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