A few years ago, the independent newsroom ProPublica published a shocker of a report.
Based on an analysis of 25 years of tax returns, here’s what it uncovered:
The stewardess on my red-eye to Argentina was delivering a familiar speech as we got ready for takeoff.
Her voice washed over me as I curled up in a window seat, reading the business plan for a tech startup.
“There are ten emergency exits on this Boeing 777 aircraft,” I…
Tags: Exit strategies Startups
This past week, something extraordinary happened:
Ordinary investors like you and me were offered the chance to buy “shares” in some of the fastest-growing private companies on Earth.
I’m talking about pre-IPO companies like OpenAI, Anthropic, even SpaceX.
But there’s a catch.
These aren’t actual shares. They’re something called tokens.
…Every few decades, Wall Street changes the rules.
First it was blue-chip stocks.
Then it was tech stocks.
More recently, it’s been private startups.
But now the shift is accelerating, fast — toward the Fantastic 40.
Let me explain.
At its recent “East Meets West” investor conference,…
Tags: Fantastic 40 Wall street
A hairy question is making the rounds of the startup world:
Can Artificial Intelligence (“AI”) make companies so productive that a startup with just one employee will be valued at $1 billion or more?
Today I’ll take a look at this question…
And show you how to use the answer…
Some people relish being a leader.
Not me.
I’d rather be a follower — at least when it comes to my investments.
So when a top venture-capital firm recently revealed its investment strategy for the exploding Artificial Intelligence sector, I decided to use the same strategy.
Today, I’ll show you…
Here’s what we believe about the government:
It does the most good by just getting out of the way.
So it might come as a surprise that we’re so supportive of a new government initiative.
Today I’ll get you up to speed on what’s happening here…
Then I’ll explain how…
Mark Cuban knows how to make money from sports. Lots of money. Case in point:
In January of 2000, he bought the Dallas Mavericks for $285 million. Then, in 2023, he sold off a majority stake in this NBA franchise for $3.5 billion.
In other words, he made literally billions…
Should you fire me? That was the topic of my article last week.
As I explained, Artificial Intelligence (AI) can beat humans at many tasks. Could it do my job better? My conclusion: “Maybe one day. But not yet.”
You see, I may not be an AI. But as…
Take a look at these companies:
Facebook… Airbnb… Coinbase… Instagram… Stripe… OpenAI… Robinhood.
These are some of the most successful startups of our generation.
But can you guess the one key thing they have in common?
Today I’ll reveal the answer.
Then I’ll explain why — if you want to invest…
