Luxury toilet paper is America’s new favorite way to flush money down the drain. Continue reading… “Luxury toilet paper on the rise”
Marc Andreessen’s 16 ideas for a more dynamic US economy
In a recent “tweetstorm,” venture capitalist Marc Andreessen offers 16 “somewhat-less obvious ideas for how to expand the number of “unicorn” great tech startups over time.” Continue reading… “Marc Andreessen’s 16 ideas for a more dynamic US economy”
Warning: rapid finance sector growth is bad for the economy
One huge political issues in recent years has been that Wall Street has done better than Main Street. the Bank for International Settlements has a new study that shows exactly why rapid finance sector growth is bad for the rest of the economy. Continue reading… “Warning: rapid finance sector growth is bad for the economy”
Global stocks comparison, 1899 and 2014
The global stock market had a very different look 145 years ago than it does today. Continue reading… “Global stocks comparison, 1899 and 2014”
Silicon Valley investors betting against banks
WorldRemit a London-based money transfer startup, has announced a new $100 million funding round, with a reported valuation of more than $500 million. Silicon Valley venture capital firm TCV, which has previously invested in everyone from Facebook to Spotify and Netflix, will lead this round. Continue reading… “Silicon Valley investors betting against banks”
Data mining shows global link between wealth and corruption
A question that social scientists and economists have long puzzled over, how corruption arises in different cultures and why it is more prevalent in some countries than others. But finding correlations between corruption and other measures of economic or social activity has always been difficult. Continue reading… “Data mining shows global link between wealth and corruption”
Half of money given by top 50 U.S. donors from Tech elite
The Chronicle of Philanthropy released its annual list of the top 50 philanthropists, showing that the tech industry now comprises roughly half of the top philanthropic giving in America. Continue reading… “Half of money given by top 50 U.S. donors from Tech elite”
Alibaba and Lending Club start new financing program for U.S. businesses
Peer-to-peer financing site Lending Club and have put in place a strategic partnership designed to get more U.S. businesses to buy inventory from the alibaba.com’s wholesale marketplace. They will offer a new financial service called the alibaba.com e-Credit Line that will let U.S. companies apply for credit lines for $5,000 to $300,000, which they can then use to make purchases from the e-commerce giant. Continue reading… “Alibaba and Lending Club start new financing program for U.S. businesses”
Bitcoin alternative NeuCoin designed for microtransactions
NeuCoin, a new cryptocurrency that has been designed specifically to tip content creators and for online micropayments. Neucoin is a new startup currency based in Paris. Currently they have raised over $2 million from partnerships and business angels. Continue reading… “Bitcoin alternative NeuCoin designed for microtransactions”
The digital-currency revolution
Bitcoin represents the future of money and global finance, despite all of it’s growing pains. Continue reading… “The digital-currency revolution”
$43.3 billion invested by VCs in 2014, most since 2000
2014 was the best year for venture capital investments since 2000, with $43.3 billion invested.
Continue reading… “$43.3 billion invested by VCs in 2014, most since 2000”
Bitcoin is now Tax Deductible
Bitcoin was a terrible investment this year, but that hasn’t stopped non-profits from asking for them anyway. Wikipedia, Electronic Frontier Foundation, Khan Academy and now even Burning Man will take those bitcoins off your hands in the form of a tax-deductible donation.
Continue reading… “Bitcoin is now Tax Deductible”
