Finance
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Only 1 in 4 venture firms have lived through multiple downturns, and those few are mostly likely to reap outsized returns now, Silicon Valley’s preeminent bank says
Silicon Valley Bank released its latest State of the Market report on Thursday, and found that just 23% of currently active venture...
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Twitter reacts with confusion, outrage, and some agreement after Elon Musk called coronavirus stay-at-home orders ‘fascist’
During a Tesla earnings call on Wednesday, Elon Musk claimed the coronavirus response was “fascist,” blasting stay-at-home orders. Earlier that day he...
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Google Cloud, which generated $2.8 billion in revenue last quarter, is one of the ‘bright spots’ as advertising slows and the company cuts costs, analysts say (GOOG, GOOGL)
Google Cloud’s revenue grew 52% from a year ago despite the coronavirus crisis even as the company’s advertising business took a hit. ...
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Airbnb’s valuation slashed up to 30% by some mutual funds as the coronavirus pandemic halts travel worldwide
Airbnb the home-sharing start-up was most recently valued at $31 billion in a 2017 funding round It’s had its valuation cut by...
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Rental car giant Hertz is reportedly preparing for a potential bankruptcy after it missed lease payments (HTZ)
Hertz is preparing for a potential bankruptcy filing, The Wall Street Journal reported Wednesday. The situation is fluid, sources told the paper,...
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We spoke to 12 SoftBank insiders about how Masa Son and the $100 billion Vision Fund lost its way
SoftBank’s Masayoshi Son has enjoyed a 40-year career in which he built SoftBank into one of the world’s largest tech investors and...
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Masa Son is facing one of his biggest challenges yet as the SoftBank Vision Fund racks up billions in losses. 12 insiders reveal where it all went wrong.
SoftBank’s Masayoshi Son has enjoyed a 40-year career in which he built SoftBank into one of the world’s largest tech investors and...
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Barclays’ first-quarter earnings beat forecasts as coronavirus volatility push its markets division’s earnings up 77%
Barclays posted first-quarter earnings that beat Wall Street forecasts. The banking giant’s markets income surged 77% to a quarterly record of £2.4...
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‘Be a good salesman, talk a big future, mention AI, and he will probably give you money’: How the SoftBank Vision Fund lost its way
SoftBank’s Masayoshi Son has enjoyed a 40-year career in which he built SoftBank into one of the world’s largest tech investors and...
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Robo-advisor Wealthfront offers a high-yield cash account with a minimum deposit of $1 — here’s how it stacks up
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a...