The story no one is telling about this historic announcement... On October 30th, the SEC voted to legalize “equity crowdfunding.” For the first time in 83 years, all investors—regardless of income or net worth—will now be able to invest in high-potential start-up companies.
Russia and China are entrenched oligarchies. In these nations, a small group of powerful citizens controls the vast majority of a country’s resources, and also its political agenda.
The market’s had a great run recently: Since bottoming out in 2009, the Dow has more than doubled. To celebrate, Wall Street’s been partying like it’s 1999.
Credit is a critical part of our country’s economic engine. Businesses and consumers use it for nearly every economic action they undertake—from leasing equipment, to buying a home, to paying for medical bills.
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 weekend, I went on a family trip up the coast of Maine—there’s nothing quite like New England in the fall. Early one evening, over a cold beer and a hot cup of clam “chowdah,” we started chatting about the recently announced merger between Dell and EMC.
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.