Blog

WeWork’s meltdown was supposed to leave everyday investors unharmed. It didn’t, and you probably don’t even realize if your 401(k) took a WeWork hit.

//
Categories
In addition to harming employees, venture investors, and some of its managers, WeWork’s collapse harmed a group many thought were protected from it — everyday investors. That’s because such investors owned stakes in mutual funds that had invested in WeWork; those funds recently were forced to slash the value of their holdings in the company,...
Read More →

Chase Offers can get you cash back at Blue Apron, New Balance and more just for having a card — here are some of the best deals available now

//
Categories
If you have a Chase credit card or debit card, you could be eligible for Chase Offers.  Chase Offers are cash-back deals for shopping at merchants like Starbucks and New Balance. I have the Chase Sapphire Reserve, and I currently see offers for cash back at Rite Aid, Sheraton, and more than a dozen other...
Read More →

2019 was one of the most tumultuous years in media history, when thousands of jobs were lost and subscription models grew like wildfire

//
Categories
Digital media went through a bloodbath in 2019, with investors seeing billions in theoretical value wiped out and scores of people losing their jobs. Some venture capital funding continued to pour into media companies, but many journalism upstarts didn’t meet aggressive growth expectations, which forced them to look for buyers and sell for less than...
Read More →

Point72, Renaissance Technologies, and Millennium are betting they can make quant strategies work in bond markets. Here’s why their nascent credit trading teams face an uphill battle.

//
Categories
Some of the biggest funds are pumping money, technology, and time into building out credit quant teams, sources tell Business Insider.  Firms like Steve Cohen’s Point72, Renaissance Technologies, and Millennium have all built out their teams as they try to apply their expertise in quant equity and FX trading strategies to the $9.2 trillion world...
Read More →

Here’s the pitch deck ecommerce startup Honey used to raise early funding a few years before PayPal acquired it for $4 billion in cash

//
Categories
PayPal agreed to buy Honey, which makes a browser extension that surfaces coupons while you shop online, for $4 billion in cash last month. The deal is PayPal’s biggest ever acquisition. CEO Daniel Schulman says an integration with Honey adds tremendous value for its merchants. Honey’s early investors are expecting returns as high as 300...
Read More →
1 2 3 201