From Generalist Tiger Global is venture capital’s winning machine. Actionable insights If you only have a couple of minutes to spare, here’s what investors, operators, and founders can learn about Tiger Global. We may be earlier than we thought. Tiger’s current private market thesis is simple: we are still in the opening stages of the[…]
From Crunchbase: Now that we are halfway through 2020, we thought it would be a good time to check in and report on the latest unicorn data. Leading industries for new unicorn companies this year include education–with four new unicorns; Quizlet, Udemy, ApplyBoard, Course Hero–and software service companies, including Notion (workplace collaboration), Figma (design collaboration), and Podium (local customer communication). Software services and online education[…]
From CNBC: Key Points The coronavirus pandemic has produced “one of the greatest wealth transfers in history,” CNBC’s Jim Cramer said. “The bigger the business, the more it moves the major averages, and that matters because this is the first recession where big business … is coming through virtually unscathed,” the “Mad Money” host said. “I[…]
From Wikipedia: Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company are sold to institutional investors[1] and usually also retail (individual) investors; an IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as floating, or going public,[…]
Authored by Michael Batnick via TheIrrelevantInvestor.com, 1. Since 1916, the Dow has made new all-time highs less than 5% of all days, but over that time it’s up 25,568%. 95% of the time you’re underwater. The less you look the better off you’ll be. 2. The Dow has compounded at less than 3 basis points[…]
From Real Investment Advice, Nov 15 2018: TechCrunch recently posted a fascinating chart of the monthly count of global VC deals that raised $100 million or more since 2007. According to this chart, a new “unicorn” startup was born every four days in 2018. Unfortunately, this is even more evidence of the tech startup bubble that I have been[…]