Amazon, Uber Lead Tech Companies Taking Huge Losses On IPO Investments
As the tech market boomed over the past few years, firms bold enough to invest in startups reaped billions in paper rewards. Just as institutional and retail investors lost their shirt on IPOs in recent months, so too have large-cap tech companies that took significant stakes in newly public outfits.
Marc Lore Says Venture Firm With A-Rod Will Make Bets On Digital Retail
Walmart’s former e-commerce chief Marc Lore said he’s ready to make big bets on digital retail as he teams up with baseball star Alex Rodriguez on a new venture capital firm.
Private Equity Investment Appeal Is On The Increase For Retail Investors
As institutional investors earn lower yields from traditional fixed income securities, higher-risk asset classes such as public and private equity are more likely to be considered to deliver target returns.
Standard Cognition Partners With Circle K On Cashierless Convenience Stores
"Autonomous checkout is the most potentially disruptive innovation the retail sector has seen in decades. The future of autonomous checkout will be driven and defined by AI-powered 'retrofit’ of existing stores powered by camera-based AI technology," says Standard Cognition CEO Jordan Fisher.
In Pandemic Era, PE-Owned Retail Is As Vulnerable As Ever
Takeovers by financial firms have dropped off, but there are many companies from past buyouts in distress now, as debt and the pandemic take their toll.
Starbucks, Sequoia China Strike Partnership To Make Tech Investments
Starbucks has struck a partnership with venture capital firm Sequoia Capital China to co-invest in technology businesses in the world's second-largest economy. The coffee chain said that along with co-investments, it will look to form "commercial partnerships with next-generation food and retail technology companies."
Warren’s Private Equity Bill Receives Pushback
Private equity firms attract big investors and use their money to buy companies, anything from retail stores to nursing homes. Opponents say PE firms are infamous for running these companies into the ground and aren’t interested in their long-term well-being.
Can Index Funds Be A Force For Sustainable Capitalism?
The investment industry is changing. Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products.
GST – A Bull In China’s Shop – Nitin Mangal's Blog
Goods and Service Tax (GST), one the biggest indirect tax reform for which India has waited for more than a decade and most of the Indian corporate as well as global conglomerate, Institutional Inves...
This Hedge Funder Wants Luxury Condos In Saks Fifth Avenue
Part of Saks Fifth Avenue’s Manhattan flagship store could be turned into luxury condominiums if one activist investor has his way. Jonathan Litt, who runs the hedge fund Land and Buildings, wrote a letter to Canadian retail giant Hudson’s Bay Company’s board Monday urging it to consider new directors, taking the public company private and selling off its subsidiary Saks Fifth Avenue, Bloomberg reported. A Saks sale could also allow the company to turn the […]