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Latest News on private equity markets

What Startup Rules Did Sam Altman Break During OpenAI’s Path to Its $30B Valuation?

Fortune | Steve Mollman | May 6, 2023 When it comes to artificial intelligence, Silicon Valley’s standard advice for startups might not apply. OpenAI, established in 2015, creators of ChatGPT and GPT-4, now boasts a valuation of nearly $30 billion. CEO Sam Altman, former head of Y Combinator, shared insights on the AI venture's unconventional


The post What Startup Rules Did Sam Altman Break During OpenAI’s Path to Its $30B Valuation? first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Shopify's president on why he prefers paying micro-influencers to grow his own side hustle

Shopify president Harley Finkelstein says micro-influencers on Discord, Reddit, Pinterest can be wiser marketing than Instagram, TikTok personalities.

1 year ago

How NBA star Damian Lillard turned a common foot injury into a sneaker business

Portland Trail Blazer Damian Lillard co-founded sneaker insole company Move after seeing the impact that good foot health could have on his NBA playing career.

1 year ago

Impactive takes a stake in Clarivate and sets the tone for activism in the post-SPAC world

Impactive’s latest engagement with Clarivate shows how activists can seek potential in fallen SPAC stocks.

1 year ago

Berkshire Hathaway's operating earnings increase 12% in the first quarter, cash hoard tops $130 billion

Berkshire Hathaway's operating earnings jumped in the first quarter, thanks in part to a rebound in the conglomerate's insurance business.

1 year ago

4 of the best places for cash as the Federal Reserve weighs a pause in interest rate hikes

Here are four of the best options for cash as the Federal Reserve raises interest rates and weighs a future pause.

1 year ago

Warren Buffett says American banks could face more turbulence ahead, but deposits are safe

Berkshire Hathaway has owned banks from early on in Buffett's long investing history, and he's stepped up to inject confidence into lenders several times.

1 year ago

Warren Buffett says Berkshire Hathaway won't take full control of Occidental Petroleum

Warren Buffett said Berkshire doesn't plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%.

1 year ago

Top Private Market Trends 2023

As we continue through 2023, the private market is seeing a number of trends that could continue to have an impact on investors, startups, and the overall industry. Here are ten private market trends to watch in the year ahead: … Continue reading

1 year ago

A recession could hit single women especially hard, says financial advisor. Here's how they can prepare

Inflation and a possible recession can be especially difficult for single women, due to the persistence of the gender wage gap. A financial advisor has advice.

1 year ago

Wave 5: 6 Startups Join Mastercard’s Digital Asset Startup Program

Mastercard | Apr 28, 2023 Six fintech companies from across the globe are joining the Mastercard Start Path Digital Assets program to scale innovative solutions and build the future of commerce  Mastercard is committed to advancing blockchain technology and providing secure and trustworthy solutions for commerce. They recognize the growing importance of digital assets and


The post Wave 5: 6 Startups Join Mastercard’s Digital Asset Startup Program first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

White House Proposes 30% Digital Asset Mining Energy (DAME) Excise Tax

The White House | May 2, 2023 New proposal in this year’s Budget, the Digital Asset Mining Energy (DAME) excise tax to balance the economic and environmental costs of cryptomining where after a phase-in-period, firms would face a tax equal to 30 percent of the cost of the electricity they use in cryptomining. Currently, cryptomining


The post White House Proposes 30% Digital Asset Mining Energy (DAME) Excise Tax first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

TurboTax payments for $141 million settlement to begin next week. Here's who qualifies

If you paid for TurboTax filing software when it should have been free, you may be eligible for part of a $141 million settlement. Here's how it works.

1 year ago

Warren Buffett's successor Greg Abel is wooing shareholders, but some questions remain

While Berkshire shareholders have grown more confident in Abel's capabilities, some key questions about the eventual succession linger.

1 year ago