Last weekend I moderated a panel of investment gurus at the American Association of Individual Investors annual conference, held in the Paris Hotel in Las Vegas, Nevada
On a recent trip to India, I hailed a rickshaw that was pedaled, I soon noticed, by a man with a lame leg. It turns out that a few weeks earlier, the driver had been hit by a car while navigating the busy streets of New Delhi. Although he had managed to obtain medication from a local pharmacy for the agonizing pain – probably because his leg was broken – he could spare neither the time nor the money to see a surgeon
In May 2017, with a white paper and a small team of developers mostly located in Belgrade, Serbia, MobileGo raised $53 million in an initial coin offering (ICO). At the time, ICOs were new to the world of finance. Unlike initial public offerings, or IPOs, they required no lawyers, bankers or regulatory approval and were more akin to Kickstarter-style crowdfunding, except funds were raised in cryptocurrency, typically bitcoin or ethereum
Two days after Tesla delivered a record $312 million profit for the third quarter that far outstripped analysts’ expectations the electric-car maker that’s had more than its share of drama this year is contending with a new headache: a federal probe into whether it broke the law by misstating Model 3 production goals