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Category: Capital


Capital, Finance Tech

Blackstone Posts Record $684 Billion in Assets Under Management

July 22, 2021

Via: TheStreet

Shares of private-equity fund Blackstone Group Inc. (BX) – Get Report shares were rising Thursday after the company reported second-quarter earnings that topped estimates and the firm saw record appreciation in the value of its investments. The New York-based company […]


Capital, Finance Tech

Companies are playing down price hikes. Smart investors need to embrace them.

June 22, 2021

Via: USA TODAY

If you are waiting to hear about more price increases from your favorite companies, don’t hold your breath. Instead, their CEOs are spewing jargon like: “We are engaging in holistic margin management” and “net price realization.” I kid you not. […]


Capital, Finance Tech

US investors reported over $50 million in losses from crypto scams to the Federal Trade Commission in the first quarter

June 7, 2021

Via: Markets Insider

US consumers reported $52.6 million in losses from crypto scams to the Federal Trade Commission (FTC) in the first quarter of this year. The figures represent a roughly 80% increase from the fourth quarter of 2020 when consumers reported $29.3 […]


Capital, Finance Tech

Payments firms draw another $275 million in venture capital

May 19, 2021

Via: Payments Dive

On-demand payment fintech, DailyPay raised $175 million from investors this week while the banking payments fintech Amount landed nearly $100 million, they said in press releases. The investments underscore how the industry has become a magnet for money. New York-based […]


Capital, Finance Tech

Former Apple, Microsoft, Intel, and Square Security Leader Window Snyder Secures $2.5 Million Seed Investment to Launch Security Company Thistle Technologies

April 22, 2021

Via: Markets Insider

Thistle Technologies, a new security company addressing the connected device market, today announced $2.5 million in seed funding from True Ventures. Thistle was founded by Window Snyder, who formerly served as chief security officer at Square, Mozilla, and Fastly, in […]


Capital, Finance Tech, Liquidity

SPACs break 2020 record in just 3 months, but the red-hot industry faces challenges ahead

March 19, 2021

Via: CNBC

It took the SPAC market just three months to outdo its record-breaking 2020, but sustaining that level of jaw-dropping growth will be no easy task. The funds raised via U.S. special purpose acquisition companies have totaled $87.9 billion so far […]


Capital, Finance Tech

Bill Ackman, an early Coupang investor, donates his more than $1 billion stake to charity

March 15, 2021

Via: CNBC

Billionaire investor Bill Ackman said Monday he donated his entire stake in Coupang — worth more than $1 billion — to charity following the South Korean e-commerce company’s IPO last week. Ackman, who runs the Pershing Square Capital Management hedge […]


Capital, Finance Tech, Trading

Billionaire investor Ron Baron’s firm sold 1.8 million Tesla shares despite saying price will hit $2,000

March 4, 2021

Via: CNBC

Billionaire investor Ron Baron sold 1.8 million shares of Tesla for clients since August despite believing the stock will increase to $2,000 over the next 10 years. Baron, a longstanding Tesla shareholder, told CNBC’s “Squawk Box” on Thursday that his […]


Capital, Finance Tech

Rocket Mortgage founder Dan Gilbert made $30 billion on paper after stock’s surge

March 3, 2021

Via: CNBC

Tuesday’s dramatic and abnormal spike in the stock of Rocket Companies created a major windfall for founder Dan Gilbert, at least on paper. Shares of Rocket, where Gilbert is the majority shareholder, jumped more than 70% on Tuesday, adding $17.30 […]


Capital, Finance Tech, Liquidity

The wealthy are borrowing billions against their art collections and lenders are reselling the debt

February 25, 2021

Via: CNBC

More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory […]