The Chinese stock market has taken investors on a wild ride recently: In June, the Shanghai Composite Index was sitting at 5,000… By August, it had dropped to 3,000—a nosedive of 40%. To recoup their money, Chinese investors are looking to the U.S.
Last Friday, a British entrepreneur named Cliff Dennett put on a well-pressed shirt and blazer, took a deep breath, and sat down for a painful interview. During the videotaped interrogation, which we’ll link to below, Cliff opens up about why his start-up failed—and why his investors lost all their money.
Bill Gross was once dubbed the “the biggest investor in the world.” For decades, he managed the $292 billion Pimco Total Return Fund—up until last year, it was largest bond fund on the planet.
Pop Quiz: When a company is about to go public, why does it lobby so ferociously to get a top-tier bank like Goldman Sachs or JP Morgan to manage its IPO?
Wayne and I played hooky last week. But we weren’t off playing golf or drinking scotch at a bar… We were in midtown Manhattan, at a conference called Finovate.
Editor’s Note: Matt and Wayne are presenting this week at an investment conference in NYC called Finovate. They'll be taking the wraps off the latest version of CrowdabilityIQ, the world's first "stock-screener" for private companies.
When it comes to spotting the most impactful technologies early on, you might think that professional venture capitalists take top honors… But recently, a non-profit tucked away in Switzerland has been giving venture funds a run for their money.
Markets don’t just go up, or just go down… As they reminded us this past week, they go up and down. The ups and downs are part of a never-ending cycle—which presents a challenge when you’re trying to maintain or build your wealth.
Late last week, a Crowdability subscriber emailed me with a tough question: “How am I supposed to make money investing in private start-ups when they’re already valued at billions of dollars?