Time for Start-Ups to Focus on Making Money?

Time for Start-Ups to Focus on Making Money?

Start-ups tout so many metrics — other than, you know, profits. Number of customers, users, reach, influence, amount of Twitter followers, etc. Will the 2020s be the decade when start-ups pursue profitability over all else?

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Tis’ the Season (to Save): How Fintech is Changing Financial Health

Tis’ the Season (to Save): How Fintech is Changing Financial Health

Given financial health’s broad reach and implications, fintech innovation that addresses financial insecurity is a game-changer for individuals, organizations, and beyond. How is fintech doing it? Here are a few key ways.

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Uber Creeps Further into Financial Services

Uber Creeps Further into Financial Services

Uber’s IPO may not have gone as well as it would have hoped, but the company still has big plans to expand well beyond its humble beginnings as a ride-hailing app.

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Is the Death of the IPO Greatly Exaggerated?

Is the Death of the IPO Greatly Exaggerated?

You might have heard the news over the past few weeks: The IPO is officially dead. Yes, many were quick to claim that Uber’s less-than-stellar (and that’s putting it mildly) stock debut was the final death knell of the “IPO craze.”

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Buffett Shades the Uber IPO

Buffett Shades the Uber IPO

We’ve written a bit on Uber’s IPO, one of the most anticipated stock offerings in many years. However, one person who is not sharing in the enthusiasm is Warren Buffett, who is going to pass on this one. That’s part of a larger strategy the Oracle of Omaha abides by, which is not to invest in any new stock offerings as a practice.

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The Rideshare Arms Race

The Rideshare Arms Race

While the narrative that millennials and Gen Z will bring about the end of personal car ownership is a bit overwrought (and perhaps not entirely accurate), these are still heady days for companies that want to provide rides for people. Uber’s upcoming IPO is perhaps the most anticipated in years, even if its valuation may seem a bit high to some.

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Uber, SoFi, Dash and DefenseStorm.

Uber, SoFi, Dash and DefenseStorm.

SoFi, which just disclosed that it has applied to the FDIC for an industrial loan charter in Utah, has indicated that it plans to hire up to 400 professionals in Delaware. Also this week, Dash Financial Technologies hired Goldman Sachs capital markets veteran Robert Boylan to head business development, while DefenseStorm added Steve Soukup as chief revenue officer.

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