Tag: Money
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Who will be the last fast food worker in California? Yesterday, California passed a new law dramatically raising fast food wages. It sounds like a victory for the working class. But it’s likely to put them out of a job. Get the blog before anyone else…subscribe! From Bloomberg: California Governor…
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Hedge fund manager Neil Phillips has been arrested in Spain this week. He is charged with masterminding a market manipulation scheme that reached from the UK to Asia. His strategy shows how hedge funds manipulate markets from currencies to stocks. Get the blog before anyone else…subscribe! From a new report…
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Every day, founders pitch me on their startups. This morning, I thought “Why not turn the tables for a change?” So I pitched 3 VC’s on a startup idea. But they weren’t your usual investors — all 3 were robots. 🤖 Get the blog before anyone else…subscribe! These robot VC’s…
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+ AI, Artificial Intelligence, Finance, GPT-3, Investing, Machine Learning, Money, Tech, Venture Capital+
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Note: This is not financial advice. Fails to deliver in shares of AMC Entertainment Holdings hit massive levels this month. Failed trades peaked at over 700,000 shares, according to a report out this morning from the SEC. They remained in six figure territory for all but two days in the…
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Morgan Stanley, already under federal investigation in the US, is now facing another probe. This time, it’s in Korea. From a report that broke last night on Bloomberg: Morgan Stanley’s stock short selling practices are being inspected by South Korea as part of a broader effort by the nation’s financial…
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+ Business+ Crime, Finance, Investing, Money, Morgan Stanley, Stock Market, Stocks, Wall street, Wallstreetbets+
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Mark Twain is one of the greatest American authors. But not many people know he was also a venture capitalist. A phenomenally bad one. Twain lost the equivalent of nearly $10 million* in a single investment: the Paige Compositor. Invented by James Paige, it was one of the first typesetting…
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+ Entrepreneur, Finance, History, Inventions, Investing, Literature, Mark Twain, Money, Silicon Valley, Startups, Tech, Venture Capital+
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One of the hardest things for any startup is attracting great employees. But new research from Harvard Business School points to a shortcut: New research finds that job seekers are two-thirds more likely to apply to a startup if they know it is backed by a top venture capital (VC)…
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+ Business+ Entrepreneur, HR, Investing, Money, Silicon Valley, Small Business, Startups, Tech, Venture Capital+
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It didn’t take long for Adam Neumann to find controversy. Before starting his new residential real estate startup Flow, Neumann made a big investment in a company that’s suspiciously similar. Get the blog before anyone else…subscribe! From an excellent report out yesterday in Forbes: When staff at real estate startup…
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+ Entrepreneur, Finance, Investing, Money, Real estate, Silicon Valley, Startups, Tech, Venture Capital, WeWork+
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In 2007, venture capitalist John Doerr met an intriguing young entrepreneur. His name was Elon Musk. Musk pitched Doerr on investing in his new car company, Tesla. Doerr passed. The mistake cost him billions. Get the blog before anyone else…subscribe! The legendary investor opened up on this major regret in…
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+ Automobiles, Cars, Electric vehicles, Finance, Investing, Money, Silicon Valley, Startups, Tech, Tesla, Venture Capital+
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Note: This is not financial advice This morning, new preferred shares of AMC Entertainment Holdings debuted on the New York Stock Exchange. Get the blog before anyone else…subscribe! Interestingly, the new shares (ticker symbol APE) have the same ownership interest and rights as normal AMC shares. But as I write…