1) He comes from a wealthy family Evan Spiegel comes from money, and his parents were Ivy League-educated lawyers who were massively successful. He enjoyed a cushy childhood, with large monthly allowances, expensive cars and vacations to exotic locations. He was raised in the glamorous
Black Friday online shopping is continuing to grow, and this Friday was another record-breaking day. According to a new report out this evening from Adobe, which has been tracking e-commerce transactions throughout the sales holiday, Black Friday is on track to set a new record
Peter Thiel is famously loyal to his employees and vice versa. Many of the dozens of people employed by his venture firm, Founders Fund, once worked for Thiel at his hedge fund, Clarium Capital. He even cofounded a late-stage venture firm, Mithril Capital, with one
Donald J. Trump is now the President-elect of the United States after one of the most surreal and unlikely campaign victories in American history. Stock markets are already reacting negatively to the reality of a President Trump and the dollar is also falling. The short-term
Amazon’s investment in its own private label products has been paying off, according to a new report out today. The retailer now competes with vendors via its own products in over a dozen categories, including computer accessories, home goods, pet supplies, grocery items, and more.
The recent fight among Apple, Ireland, and the European Union has once again shined a spotlight on the growing trend of US companies storing cash overseas to avoid taxes. In fact, the amount of cash held by US-based companies in foreign countries hit a record
Sapphire Ventures, a Palo Alto, Ca.-based venture firm funded solely by the German software giant SAP, has secured a whopping $1 billion to invest across two new funds: a $700 million growth fund, and a $300 million early-stage tech fund. The capital places the group into a
Jim Rogers is nothing if not a contrarian, and one of his boldest moves is trying to bet on North Korea. The famous investor, who cofounded legendary hedge fund Quantum with George Soros, spoke to Real Vision TV and said North Korea is where China was in 1981.
We often read that women have a way to go when it comes to equal pay and corporate respect. That may be true, but there are those women in the world of business who have made it big, are making big bucks, and are big
When it comes to confessions, today’s article is breaking the bank. To be honest, I truly haven’t interacted with a bank worker in years. What can I say?! I’ve got amazing apps on my phone and websites on my computer where I can pay my bills