Sublime

Sure, macroeconomic conditions change and the cost of capital underpins everything loss-making, high growth start-ups are valued on. It just feels a bit tough on founders like Teo, who now had to fire 44 people to fit a growth profile that, until two months ago, was likely the apple of her VC investor’s eye.

the way we say it is, “making a dollar by taking ten away from the leaders.” [A start-up that is] shrinking markets. Shah: “Making a dollar by taking ten.” Tell me more about that. Morgan: Think of the media industry. You take ten dollars away from television advertising and make one dollar in internet advertising and it can be just as effective, s

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I’ve since learned that Griffin is locked in a nasty behind-the-scenes legal fight with Sony Pictures over his depiction in Dumb Money , which is set to begin its theatrical roll-out on Friday. Griffin has hired at least two separate law firms and sent multiple threatening letters, one of which I obtained, and he’s consulting with crisis P.R. peopl... See more

Are Facebook, Google, Apple and Amazon too powerful? Should they be broken up?

When Clark died after a short illness in the spring of 1873, his brokers liquidated his UP holdings, causing a sharp price drop. Gould’s broker snapped it up, and Gould unexpectedly found himself in a control position. It was only at that point, he said, that he learned that the road had serious problems, including $5 million in unsecured call debt

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