Warren Buffett's Berkshire Hathaway has the cash to buy Tesla, Starbucks, or McDonald's after the coronavirus sell-off 2020/03/28 10:30:00 Markets Insider
Warren Buffett's Berkshire Hathaway can afford almost any of America's public companies following the coronavirus sell-off. The billionaire investor's conglomerate held $125 billion in cash and short-term investments at the end of December. Berkshire's cash pile exceeds the market capitalizations of more than 450 companies in the S&P 500, more than 80 in the Nasdaq 100, and 11 in the Dow 30. Ignoring all other factors, Berkshire could afford McDonald's ($125 billion), Boeing ($102 billion), Tesla ($97 billion), or Starbucks ($82 billion). Visit Business Insider's homepage for more stories . Warren Buffett's Berkshire Hathaway can afford to buy almost any of America's public companies after coronavirus fears decimated their market capitalizations in recent weeks. The famed investor's conglomerate boasted $125 billion in cash, cash equivalents, and short-term investments in US Treasuries at the end of December. Assuming that figure hasn't changed, and looking purely at market caps — ignoring whether a purchase would be feasible, sensible, or even legal — Berkshire could buy one of more than 450 companies in the S&P 500, more than 80 in the Nasdaq 100, and 11 in the Dow 30 without needing a loan, as of the close of trading on March 27.
Arkose Labs Locks in $22 Million for its Fraud Fighting Technology - Finovate 2020/03/25 17:06:42 Finovate
In a round led by Microsoft’s venture capital arm, M12, anti-fraud solutions provider – and FinovateSpring Best of Show winner –Arkose Labs has raised $22 million in Series B funding. The round, which takes the company’s total capital to more than $36 million, also featured participation from existing investors PayPal and USVP. “Our platform takes Read more…
PayPal, Venmo, Apple Pay, Google and Facebook: Rating the mobile payment apps 2020/03/25 16:13:51 USA Today
Facebook Pay, Google Pay and Apple Pay Cash don't grab our personal data; Venmo, Cash and others do. Apps free, but come with a cost of our data.
Are serial entrepreneurs really smarter—or just lucky? 2020/03/25 10:30:58 Fast Company
Venture capital firms now fund serial entrepreneurs at greater rates than novices. Are they right to do so? In February of 1999, Elon Musk received $22 million when Compaq acquired his first company. Certainly he could have taken his millions and retired, or cut back to volunteer work on weekday afternoons, but instead he went on to cofound X.com, which merged with PayPal and netted him $165 million when it was acquired three years later. Next up? He launched SpaceX and Tesla. Read Full Story
Arkose Labs Raises $22M For Anti-Fraud Platform After 400% Revenue Growth in 2019 2020/03/24 14:51:47 Crunchbase News
Microsoft’s venture fund, M12. led the round, which also included participation from PayPal and USVP. The post Arkose Labs Raises $22M For Anti-Fraud Platform After 400% Revenue Growth in 2019 appeared first on Crunchbase News .
UBS moves to sidelines on PayPal 2019-04-17
UBS cuts PayPal (NASDAQ: PYPL ) to neutral from buy as its Venmo app leads and monetization are already priced into the stock, leaving little for earnings upside, writes UBS analyst Eric Wasserstrom. More news on: PayPal Holdings, Inc., Financial stocks news, Tech stocks news, Read mor…