The past decade witnessed a significant spike in virtue-based investments. However, current indicators suggest that this trend is nearing its downfall.
Corporations are not people. They are entities, not natural persons with blood and soul. Hence they should not have the same level of speech protection as humans.
Whether a SPAC is undervalued or overvalued is not easy to determine. As is the case with most SPACs, DWAC’s real value will be created or not created by it’s leadership team. DWAC might be substantially undervalued if the leadership is planning to grow the business either by in-house tech development or acquisitions and quickly consolidate businesses that do not have substantial differentiators.
21
Sep
Sep
Conventional wisdom is that ideas are everything and you must preserve your ideas. Modern, especially Silicon Valley wisdom is that ideas don’t matter, execution is everything. Both wisdoms are only partially correct.
Many startups have emerged in the past decade trying to disrupt tech. They were deprived of resources and funding as most doubted whether a small startup would be able to compete against the large established players. As a result, they couldn’t succeed.
A rage has been building in this country. Monuments are being ripped from podiums that represent an institutional view Americans can no longer relate to. It would be a mistake to assume this anger originates only from the recent protests followed by the killing of an unarmed black man. This dissatisfaction traces its roots back
A venture capital fund he calls the Main Street Capital Fund which is run like any other venture capital fund, but with one little twist: the money comes from the US government. “It’s a simple solution for government to step in and help small businesses,” he says.
Recently I submitted a proposal to White House and Senate to create an investment fund to provide earliest financing to “garage entrepreneurs”. An OpEd version of the proposal was published in Daily Caller. You can read it here. To Read the Full OpEd in PDF: Click Here Text Version: Congress Should Act Now to Accelerate
A United States backed Venture Capital Fund can provide the most needed financing to “garage entrepreneurs” who are overlooked, underestimated and do not meet the typical “background qualifying” characteristics that most traditional investment firms seek in entrepreneurs. We are living in an unprecedented and challenging time which requires American entrepreneurs to get extra but modest
The United States government should create an independent investment fund to finance the early-stage entrepreneurs filling the void of the “friends and family rounds”. Most entrepreneurs don’t have the startup capital to experiment with their business ideas. When the net worth of the family and friends is below zero and no one else willing to
People are scared of the virus that is rapidly spreading from China to the rest of the world. Nervous traders in the United States have caused the stock market to plummet, and fears of a recession are looming. How worried should you be?
Business, Featured, Politics
Capitalist Solution to Socialist Bernie Sander’s and Billionaire Warren Buffett’s Wealth Under-Taxation
12
Mar
Mar
Communist Bernie Sanders seeking nomination from the Democrat Party for the 2020 presidential election has repeatedly complained about the wealth that “one percent of the one percent” people possess. In nearly all campaigns, he has demonized the “billionaire status” success some people have achieved despite many of them coming from very modest backgrounds such as
Plenty of startups are trying to “solve problems” however, many are merely reducing inconveniences. The bigger problems we face remain unsolved. Walking on the streets of San Francisco or while sipping a cup of coffee at Peet’s, you would likely hear some startup conversation. Hundreds of events focused on startups happen in Silicon Valley every
Facebook is in talks with large banks to get bank customers data including the transaction history and bank balance. If you think you know yourself better than the credit card companies know you, you are mistaken. Collecting and storing an individual’s banking records on the servers of social networks like Facebook is unthinkable. You must
28
Jul
Jul
Supreme Court ruled that online sales should be taxed. It’s still not implemented well. Online-only sellers continue to avoid collecting or paying sales tax whereas businesses with operations in-state must collect taxes. Let’s look at an example product: If you buy from Walmart, this is what happens: 1) Walmart gets $106.67 2) Government
22
Jun
Jun
Finally Supreme Court corrected itself. Online businesses should never have been exempted from collecting sales tax based on physical presence or nexus test. Many people shop online precisely to avoid taxes just as the advertisement by Wayfair Inc mentioned. Wayfair was selling tax avoidance as a benefit of shopping online. Amazon doesn’t collect sales tax
25
Feb
Feb
Warren Buffett has one man to thank for Berkshire Hathaway Inc.’s BRK.A $29 billion windfall in 2017: President Donald Trump. The Omaha billionaire backed Mr. Trump’s opponent Hillary Clinton during the 2016 presidential campaign. But new tax cuts the president signed into law last December provided Berkshire with the sizable one-time gain that helped inflate annual profits
30
Nov
Nov
I am a big admirer of Sam Walton, the founder of Walmart. Had he been alive, he would have consistently been in the top of the Forbes list. Walmart has penetrated deeply in the life of most Americans. A professor of my finance class, on the very first day of the class, walked in to the class
Nearly eighteen months after Donald Trump launched his campaign to restore the integrity and values of America, we have come to know a lot about the corruption and collusion between politicians and establishment media. When Trump said the system is rigged, he said without much proof. What later unfolded in a series of leaks, every
When the VC firms were starting a few decades ago, the investment team comprised some of the most successful entrepreneurs who had created thousands of jobs, benefited the world with their products/services, made money for themselves, and also made money for the people who had invested in them. They knew their business and industry very well.
Indian hotel owners are not much used to technology, honoring third-party agreements, or offering great customer service. If you walk into a hotel and negotiate a rate, you would most likely find a better deal than what a discounted travel website could offer. Business is still done in-person in India and it doesn’t seem to
05
Nov
Nov
The supposedly smart guys at Pandora don’t know what “targeted ads” mean. If you are an advertiser and wondering why the heck your advertising dollar is not yielding any return, then you should pause and think (then perhaps cancel your agreement with Pandora). I live in New York and hear the ads related to massage
In the Startup world, every other guy these days wants to become an advisor or accelerator. If you don’t have anything to do in life or if you are unable to do anything, just become an incubator. You have not built an enterprise, but you want to help others build an enterprise. This is well