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Archives for 2021
Doximity CEO ignored Silicon Valley wisdom and built a $10 billion health-tech company
Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Jeff Tangney launched his first health-tech start-up, Epocrates, in the middle of the dot-com bubble. While the company survived the crash and eventually went public, the endgame was a disappointing acquisition for less than $300 million. […]
Investors’ return expectations are out of control
[embedded content] This is from The Compound channel on YouTube. And you can see the data for yourself at Michael Batnick’s companion piece here: Investors, Prepare to be Disappointed (Irrelevant Investor)
How to increase Bank Deposit Insurance legally to 75 Lakhs?
Bank Deposit Insurance – A term not many people know about but comes into play when the bank you have trusted your money with goes belly-up. In the last few years you might have heard about banks closing down and depositors struggling to get their money back. You must read this post, if you bank […]
Grow Your Business with Data, Feedback & New Ideas
How’s business? Do you feel like things have changed for the better (or worse) since the pandemic? Maybe you are stuck in neutral? Continuous growth and improvement can be a struggle for entrepreneurs. However, if you can find good information on where opportunities lie, you can take your business in the right direction. So, what […]
Prepping COVID-pummeled clients for what’s ahead
Clients needed grit and perseverance last year as they whipsawed through a pandemic, a market crash, a record-setting rebound and massive government stimulus. This year may require that they summon up the same qualities to face a much-altered investing environment. Investors are gradually emerging from a COVID-19 world into what could be an optimistic time […]
Inflation looks bad now, but it’s pretty much sticking to the script
Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images Under normal circumstances, the recent spate of high inflation numbers would be cause for high alarm. But in the present Covid-era context, they were confirmation in some quarters that the inflation picture is doing little more […]
Commonwealth, AllianceBernstein, LPL, Stifel: Who’s moving and what’s happening this week
Advisors join Stifel, LPL, Raymond James, Snowden Lane, and other firms; LPL takes another step toward integrating M&T Bank’s wealth management arm; and the biggest independent broker-dealer brings billions of dollars into its new model “sleeves.” Scroll through for more quicktakes from the week in financial advice.
Florida building collapse: People need to stay hopeful, rescue expert says
An emergency services veteran on Friday urged the community of Surfside, Florida to not lose hope as rescuers desperately search for survivors following the collapse of a 12-story ocean-front condo tower. “You would be surprised how much people can survive, and that’s the case here. So we shouldn’t lose hope,” Carlos Castillo, who helped develop […]
IRS turns to data analytics to track crypto tax evasion – Accounting Today
The Internal Revenue Service is focusing on cryptocurrency tax evasion with virtual currencies like Bitcoin and nonfungible tokens, employing data analytics to uncover transactions that crypto users assumed were hidden. The IRS has been training its spotlight on crypto users, adding a question to the front page of the tax form asking taxpayers, “At any […]