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Saudi Arabia: Debt Default Looms As IMF Sees Years Of Austerity Ahead
Posted on: Feb. 3, 2016, 6:30 p.m.
The International Monetary Fund (IMF) estimates that years of higher taxes and low fuel subsidies lie ahead for oil-rich Saudi Arabia as crude oil prices have plunged over 70 percent in 18 months and that weaker players could soon start to default on debts. Full investment news article
Mike Maples Jr.: Dare to Do Legendary Things
Posted on: Feb. 3, 2016, 6:04 p.m.
Mike Maples Jr., co-founder of the venture capital firm Floodgate, explains what entrepreneurs can learn from the very few technology startups that achieve hyper-exceptional success and market disruption. The Silicon Valley veteran urges tomorrow's innovators to "only do things that have a chance to be legendary" – because it takes just as much work to do something mediocre. Full investment news article