Tech

Here’s who’s getting rich on Uber’s massive IPO

Uber just had one of biggest tech initial public offerings of all time, even though its stock price fell on opening day. Its paperwork filed with the Securities and Exchange Commission gave us a glimpse at who its biggest shareholders are. These are the people that stand to gain the […]
Here’s who’s getting rich on Uber’s massive IPO
Tech

PITCH-DECK LIBRARY: The pitch decks that helped hot startups raise millions

Billions of dollars are invested in startups every year. Whether a startup seeks to raise money from angel investors, venture-capital firms, or other backers, the presentation – or “pitch” – about the business is critical. The most effective pitch decks deftly weave data, imagination, and storytelling in a captivating slide […]
PITCH-DECK LIBRARY: The pitch decks that helped hot startups raise millions
Tech

Here’s who’s getting rich from Lyft’s enormous IPO

Lyft’s anticipated multibillion IPO is a go, and it’s now trading on the public markets. The company priced its shares at $US72 to the institutional investors who subscribed to its stock offering. Shares immediately zoomed up to around $US85 right at the start of trading, a pop of some 21%. […]
Here’s who’s getting rich from Lyft’s enormous IPO
Markets

Why BlackRock’s $1.7 trillion bond chief gets up at 3:30 a.m.

Rick Rieder, the chief investment officer of fixed income at BlackRock who oversees $US1.7 trillion, barely sleeps and has an extremely demanding schedule. His extensive research helps inform an investment strategy that involves making a huge number of small but diversified bets. Over his 30-year career, Rieder has risen through […]
Why BlackRock’s $1.7 trillion bond chief gets up at 3:30 a.m.
Markets

Warren Buffett brilliantly explains how bubbles are formed

Warren Buffett gave a crystal-clear explanation of how financial bubbles form in a 2010 interview with the Financial Crisis Inquiry Commission (FCIC). “You can get in a whole lot more trouble in investing with a sound premise than with a false premise,” he said. With housing, for example, the trouble […]
Warren Buffett brilliantly explains how bubbles are formed