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Tech startups have a new ‘exit’ strategy. Why private equity firms have started plowing billions into acquiring startups.

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Among startups that don’t fail, most are acquired instead of going public. Although most startups that are acquired are still purchased by other independent companies, a growing number and proportion are being snatched up by private equity firms. In the past, private equity firms were largely considered bottom feeders, buying up companies on the cheap...
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It’s official: Meghan Markle and Prince Harry revealed the effective date of their split from the royal family. Here are all the ways they could earn money in their post-royal life.

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Prince Harry and Meghan Markle’s split from the royal family will officially take effect on April 1. The two may have already begun fielding gigs for their post-royal careers, Vanity Fair reports. Meghan and Harry will step back entirely from their royal duties, stop receiving public funding, forgo their HRH titles, and be able to...
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Watchdog groups are warning that up to 50% of the audits performed by the Big Four accounting firms are fatally flawed and are calling on Congress to step in to prevent another financial meltdown

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Watchdog groups and whistleblowers are worried that poor-quality auditing of public companies could lead to another financial crisis. Research by the Project On Government Oversight indicates that the largest accounting firms are doing a sub-par job of auditing public companies and the regulatory agency that is supposed to oversee their work has largely given them...
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FINTECH AND FINANCIAL INCLUSION: How low-overhead direct banking models enable banks to profitably serve the US’ 33 million underbanked households

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This is a preview of the Fintech and Financial Inclusion research report from Business Insider Intelligence. Purchase this report. 14-Day Risk Free Trial: Get full access to this and all Fintech industry research reports. Historically, the US banking industry has discussed financial inclusion solely in terms of corporate social responsibility (CSR). Offering services to the...
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Marcus by Goldman Sachs is a fee-free, high-yield account that’s ideal for separating your savings from everything else

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  Marcus by Goldman Sachs is a solid high-yield savings account with no monthly fees or balance requirement and a competitive APY. Marcus recently debuted a mobile app to check your balance and schedule transfers on-the-go, but it doesn’t allow mobile check deposit yet. With limited options for withdrawing and depositing money, it’s best for...
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I’ve been using these 3 products to pay taxes since I became self-employed, and the process couldn’t be easier

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  Self-employment is like running a business. You’re in charge of everything, which includes balancing the books and paying your own taxes. If you don’t pay your estimated quarterly taxes correctly, you could get hit with a huge penalty from the IRS. Getting set up with a business checking account, business credit card, and accounting...
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Overview of the fintech industry in 2020: Latest trends, market research and analysis from our ecosystem report

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This is a preview of The Fintech Ecosystem research report from Business Insider Intelligence. Purchase this report. Business Insider Intelligence offers even more fintech coverage with Fintech Pro. Subscribe today to receive industry-changing finance news and analysis to your inbox. In recent years, we’ve seen a ballooning of activity in fintech — an expansive term...
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