People laughed at Eric Ries, startup guru and author of the Lean Startup, when he first pitched the idea of a long-term stock exchange. Initially Ries wanted someone else to run with his idea, he told Business Insider. But when no one did, he decided to start the Long-Term Stock Exchange, a competitor to Nasdaq and the New York Stock Exchange that requires companies to look beyond quarterly earnings. On May 10, the Securities and Exchange Commission approved the LTSE's application. Now it can finally get to work. Read more on the Business Insider homepage.
On Wednesday, Seattle-based startup studio Madrona Venture Labs announced it raised $11 million in funding to help build between 8 and 12 startups. Madrona Venture Labs is a startup studio backed by Madrona Venture Group and specializes in artificial intelligence and machine learning technology. Mike Fridgen, Managing Director at Madrona Venture Labs, told Business Insider that Seattle is full of top technical talent from Amazon and Microsoft that he hopes to recruit to the startup studio as founders and mentors.
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and three kids in Passaic NJ. - Email: jacob(at)valuewalk.com FD: I do not purchase any equities to avoid conflict of interest and any insider information.
[Ghanaian Times] Nkroful -Ghanaians in the diaspora have been urged to invest in the booming mining industry in the country.
Women In Tech: Ggv Capital's Jenny Lee Reflects On Investing In China's Technology Market | South China Morning Post
Jenny Lee, a managing partner at private equity firm GGV Capital, says being a venture capitalist (VC) in China can veer from analysing companies and deals to being a psychiatrist or even a marriage counsellor when needed.Based in Shanghai, Lee said in an interview that she once had to call up a start-up founder's wife, who thought her husband was neglecting their family, to explain that the man frequently slept at the office because he was working hard to raise a new round of financing to keep...
A BBC investigation finds a property group which borrowed millions has not paid some people back. : Charity worker Samantha Hields had saved up a pension of PS16,000 and, after being made redundant, was given an offer she could not refuse. A salesman called her out of the blue and told her she could boost her savings by lending the money, securely, to a company redeveloping listed German buildings into luxury flats. "He said it would double my money, and my money would be safe, as long as I was happy to invest it for five years," she says.
By Offshore Energy Today.. Systems owned by Proteus Oil Pipeline Company and Endymion Oil Pipeline Company increased volumes of crude oil from the startup of the Shell-operated Appomattox floating production system via the... ... Read Full Article Here For more great articles: Offshore Energy Today.
CalPERS and the Colorado Public Employees' Retirement Association (Colorado PERA), together with more than $400 billion under management, jointly filed a motion to intervene in a lawsuit to protect investors' right to pursue federal securities claims against Johnson & Johnson in court. The suit, initiated by a single Johnson & Johnson shareowner and being heard in the U.S. District Court of New Jersey, demands that Johnson & Johnson allow shareowners to vote on whether all future securities claims brought against the company for corporate wrongdoing are handled through arbitration, rather than in court.
This article was originally published on ETFTrends.com. : Investors are still looking for ways to diversify and hedge against market volatility in a prolonged bull run, but traditional diversifiers like fixed-income assets are more at risk in the late business cycle. On the upcoming webcast, Hedge or Seek Yield: What Advisors Need to Know, Kevin McCreadie, Chief Executive Officer & Chief Investment Officer [...]
Capitaland To Inject Shanghai Office Projects Into Equity Fund, Companies & Markets News & Top Stories - The Straits Times
May 25, 2019 5:00 AMCapitaLand will divest two Shanghai properties - Innov Centre and Pufa Tower - and inject both into its maiden discretionary real estate equity fund, CapitaLand Asia Partners I (CAP I), as seed assets.