Founders Intend to Retain Control in New Tech IPOs
Ceding voting control in perpetuity to founders in tech startups could come back to haunt initially exuberant investorsRelated Stocks: GOOGL, FB, SNAP,.....»»
Tech companies win as SEC permits direct IPOs for cash raise, Bloomberg says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Silicon Valley tech leader Rabois buys Miami Beach mansion for $29M (Photos)
Keith Rabois, general partner of venture capital firm Founders Fund and a longtime executive at Silicon Valley technology firms, is moving to Miami Beach after purchasing a mansion for $28.94 million. Andre Radandt, the former CEO of beverage company Bo.....»»
MarketWatch First Take: Antitrust lawsuits against Google portray the ‘evil’ company its founders once cautioned against
Sixteen years after Google's IPOs, two major antitrust lawsuits filed against it detail a bevy of anticompetitive behavior, painting a powerful and yes, evil, company......»»
Therese Poletti"s Tech Tales: Luckin Coffee scandal demonstrates how risky Chinese IPOs can be, but investors are not getting the message
Over the last few years, investors have been warned by shareholder advocates, a few short sellers, this column on MarketWa.....»»
Therese Poletti"s Tech Tales: Luckin Coffee shows how risky Chinese IPOs can be, but investors are just not listening
Over the last few years, investors have been warned by shareholder advocates, a few short sellers, this column on MarketWa.....»»
GCP Applied Tech: Starboard "failed to justify" campaign for board control
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Bidooh Founders Admit to Cloning Business for Rival Advertising Venture
The founders had used the tech to establish a rival advertising firm, but claimed they'd been "screwed out of" their company......»»
Here"s why a slowdown might mean more IPOs in tech, but fewer in biotech
The economic slowdown in the past couple of months could lead to long-term changes for Boston's innovation industry, giving some tech startups the chance to stay independent, while pushing biotech firms toward acquisitions......»»
How a German drone taxi startup used crowdsourced ideas, an unexpected partner, and its outsider status to carve out a new multi-trillion-dollar opportunity in the transportation industry
Business InsiderVolocopter When Florian Reuter joined German drone taxi startup Volocopter in 2015 as CEO, co-founders Stephan Wolf and Alexander Zosel had impressive tech, but no clear path to market. "When we started out there was .....»»
Exclusive: U.S. officials agree on new ways to control high tech exports to China - sources
The Trump administration is tightening rules to prevent China from obtaining advanced U.S. technology for commercial purposes and then diverting it to military use, several sources told Reuters......»»
Amid COVID-19, St. Louis company aims to connect startups and investors virtually
The St. Louis-based startup, backed by some of St. Louis' biggest names in tech, has developed a platform allowing startup founders to create short video pitches for investors......»»
Travel slump, sick staff force cash-worried U.S. airports to downsize
With fewer planes flying and more security and traffic control officers testing positive for the coronavirus, airports are closing terminals, concessions and checkpoints, even while trying to retain jobs with the hope of a post-crisis pickup......»»
The 28 youngest billionaires in tech, from Stripe"s founders to the owner of TikTok
Lucas Jackson/Reuters Many of the world's youngest billionaires hail from the tech industry. Snap's Evan Spiegel and Bobby Murphy are 29 and 31, respectively, as are Stripe's John and Patri.....»»
Simply firing CEOs won"t fix the deeper cultural problems in tech industry
Jackal Pan/Getty Images The tech industry has a systemic culture problem and allows founders to get away with bad behavior. Instead of just firing CEOs and moving on, the tech industry needs to encourage funda.....»»
Bill Gates, Mark Zuckerberg, and Jeff Bezos: Here"s how old the founders of 23 tech giants were when they started their first companies
AP Photo Mark Zuckerberg, Evan Spiegel, and the two Google cofounders were all already millionaires before they turned 30. .....»»
2 tech founders are selling their $13 million home outside San Francisco that was custom built into the side of a mountain in 2015
Vince Valdes for Sotheby’s International Realty A married couple of tech founders are selling their Marin County home for $13 .....»»
Tech leads Wall St. decline on coronavirus fears
The tech-heavy Nasdaq snapped a three-day winning streak Thursday as stocks fell on worries the coronavirus outbreak is not under control and threatens global economic growth. Conway G. Gittens has the market action......»»
Here"s where the world"s most influential tech founders and CEOs went to college — and what they studied
AP Photo/Steven Senne College is where many figure ou.....»»
Ethereum-Based Ad Firm Bidooh Sues Founders in Tech Ownership Dispute
The co-founders are countersuing, claiming the company – which developed "Minority Report-inspired ad boards – has been hijacked......»»
New Arizona tech-focused investment fund seeks to fill gap for startups
Pinnacle West Capital Corp. (NYSE: PNW), the parent company for Arizona Public Service Co., is providing the $25 million seed investment for the fund. Here's how the fund founders envision the capital will be deployed......»»