Tag: Money
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“In early 2000 when the market melted down, we had seven months of runway left and no revenue.” Roelof Botha That’s Roelof Botha, Senior Steward of Sequoia Capital. In a revealing new interview with Bloomberg, Botha digs into the toughest times at Paypal and why great companies are built in…
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+ Finance, Investing, Money, Paypal, Silicon Valley, Startups, Stock Market, Stocks, Tech, Venture Capital+
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“‘It got to the point where I literally got sick to my stomach,’ she recalls. ‘Every day I got home and would think to myself, I helped set someone up for failure.’” The Greatest Trade Ever Karen Waheed, who worked at New Century Financial, was becoming increasingly worried about the…
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“On the screen before her was a figure she had never seen before, at least not on an ATM…$45 million, newly deposited in their joint account. It was Pellegrini’s bonus for the year….” Paolo Pellegrini’s wife Henrietta could hardly believe their good fortune. A few short years ago, Paolo had…
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+ Billionaires, Finance, Hedge funds, Investing, Money, Reading, Real estate, Stock Market, Stocks, Wall street+
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“I can’t believe it actually said that.” That’s what I find myself saying over and over as I use the new LLM from Mistral AI. Released just this Wednesday, Mistral’s new model comes from a Paris-based team of top AI researchers. These DeepMind and Meta alums made headlines for a…
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+ AI, Artificial Intelligence, GPT-4, Investing, LLM, Mistral, Money, Silicon Valley, Startups, Tech, Venture Capital+
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“What do most investors get wrong?” I posed this question to a top investor this week. His answer: investing in companies with no revenue. Only about 10% of startups ever get a product out, he estimates. Of those, only around 10% will ever make a penny in revenue. This puts…
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Most e-commerce merchants can’t afford huge teams of developers. Amazon can. So how do you compete? By using Krepling! This cutting edge platform lets you integrate all your software tools easily, without code. You can quickly add new languages, currencies, and payment methods. This lets you expand worldwide in a…
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+ E-commerce, Investing, Money, Online store, Shopify, Silicon Valley, Startups, Tech, Venture Capital+
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I can invest in the next Uber. You probably can’t. But thanks to a new bill in Congress, that may be about to change. From a new report in Barron’s: The Equal Opportunity for All Investors Act, a bipartisan bill passed by the U.S. House of Representatives in May, could…
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+ Finance, Government, Investing, Money, Politics, Startups, Stock Market, Stocks, Tech, Venture Capital, Washington+
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“America has the best hand ever dealt of any country on this planet today ever, okay. And Americans don’t fully appreciate what I’m about to say. We have peaceful, wonderful neighbors in Canada and Mexico. We’ve got the biggest military barriers ever built, called the Atlantic and the Pacific. We…
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“Do we have huge problems? Yes. Is this the first time we’ve had huge problems? Hell no. Is there the prospect that we can solve those problems? Yes!” Larry Summers That’s Larry Summers at the All-In Summit last week. The former Treasury secretary gave a sweeping overview of America’s current…
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Sand Hill Road is packed with big name VC’s managing billions. But if you really want to make money, look elsewhere. That’s the conclusion of a new report from Pitchbook. Pitchbook analyzed hundreds of firms’ performance. Smaller firms outside Silicon Valley dominated the list: Here’s Pitchbook’s top 10: 1) Union…
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Tremendous 