Jan 26 2021, 6:58 AM
January 23 2021, 5:30 AM
January 26 2021, 6:58 AM
(Bloomberg Opinion) Why should only the wealthy get to ride unicorns to further riches?
(Bloomberg Opinion) Why should only the wealthy get to ride unicorns to further riches?
Privately held firms with at least $1 billion in value come with daunting price tags that freeze out ordinary investors. Banks that help unicorns raise money are glad to chalk up a few bulky subscriptions â $1 million and more â from top clients. It works fine with regulators who donât want the general public to lose their life savings on risky bets.Â
Were the ticket, say, $1,000, even affluent millennials might want to take a punt on the next Facebook Inc. or Uber Technologies Inc. without having to wait for a stock market debut. That wait is only getting longer. A sizable chunk of $2.5 trillion of uncalled private equity â dry powder â i
Jan 26 2021, 6:58 AM
January 23 2021, 5:30 AM
January 26 2021, 6:58 AM
(Bloomberg Opinion) Why should only the wealthy get to ride unicorns to further riches?
(Bloomberg Opinion) Why should only the wealthy get to ride unicorns to further riches?
Privately held firms with at least $1 billion in value come with daunting price tags that freeze out ordinary investors. Banks that help unicorns raise money are glad to chalk up a few bulky subscriptions â $1 million and more â from top clients. It works fine with regulators who donât want the general public to lose their life savings on risky bets.Â
Were the ticket, say, $1,000, even affluent millennials might want to take a punt on the next Facebook Inc. or Uber Technologies Inc. without having to wait for a stock market debut. That wait is only getting longer. A sizable chunk of $2.5 trillion of uncalled private equity â dry powder â i
Start-up brings unicorns to masses
By Andy Mukherjee / Bloomberg Opinion
Why should only the wealthy get to ride unicorns to further riches?
Privately held firms with at least US$1 billion in value come with daunting price tags that freeze out ordinary investors. Banks that help unicorns raise money are glad to chalk up a few bulky subscriptions US$1 million and more from top clients. It works fine with regulators who do not want the general public to lose their life savings on risky bets.
Were the ticket, say, US$1,000, even affluent millennials might want to take a punt on the next Facebook Inc or Uber Technologies Inc without having to wait for a stock market debut.
PH economy to continue decline in Q4, but milder than previous quarter poll
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Metro Manila (CNN Philippines, January 22) The economy is expected to shrink again in the last three months of 2020, but the plunge seen is still tamer than the quarter prior.
A CNN Philippines poll among 10 economists yielded a wide forecast range of 5-12.2% for the forecasted decline for the fourth quarter. This led to an average of -8.31%, milder than the 11.5% contraction logged in the quarter prior as the country continues to reel from the COVID-19 pandemic.
Still, the forecast average is a distant cry from the 6.4% expansion logged in the last quarter of 2019, driven by a surge in government and infrastructure spending.
With effect from 31 December 2020 Foseco India announced the resignation of Sanjay Mathur (DIN 00029858) as the Managing Director. The Board has accepted the resignation of Sanjay Mathur and that he will be relieved from the
Directorship of the Company at close of work on 31 December 2020.
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