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Bestselling Author J.D. Vance Teams Up With Peter Thiel, Others On VC Fund

PYMNTS

Vance, who penned the popular memoir “Hillbilly Elegy,” has started a VC fund called Narya Capital, according to a report Thursday (Jan. Vance and Thiel previously worked together on a fund that was called Mithril Capital. From 2004 to 2018, the amount of cash to both places tripled. Bestselling author J.D. 9) by Bloomberg.

New York 100
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Big Data Firm Palantir Prepares For Potential IPO

PYMNTS

Founded in 2004 by CEO Alex Karp and venture capital tycoon Peter Thiel, Palantir specializes in Big Data, working with major corporations and government agencies to crunch large volumes of information. Securities and Exchange Commission (SEC) informing the agency of its plans.

Big Data 131
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Possible Purchase Deal By Uber Triggers Nearly 40 Pct Surge In Grubhub Shares

PYMNTS

Uber has an approximate $56 billion market capitalization. Founded in 2004, Grubhub went public in less than six years. .” Uber’s stock also climbed 6 percent on the news, which pushed Grubhub’s valuation up from roughly $4.5 billion Monday to about $5.9 Whether a deal will be made is still up in the air. billion to $2.2

Chicago 140
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Banks and CDFIs: Partnering for community impact

Abrigo

Community Development Financial Institution (CDFI) loan funds help to promote healthy communities by providing early-stage credit, capital, and financial services to small businesses, affordable housing and community facilities developers, community organizations, and other types of borrowers. communities where capital tends to be scarce.

Community 246
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How The Fed Will Impact Your Deposit Beta

South State Correspondent

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. That 9% does not include specialty consumer banks or fintech companies. How to Apply to Your Bank.

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NCUA proposed rule: MBL flexibility for credit unions?

Abrigo

On June 18th, the board of the National Credit Union Administration (NCUA) unanimously approved five items , including a proposed rule aimed at modernizing member business lending (MBL). billion in 2004. Further, of the credit unions that offer business loans, 98 percent are well-capitalized according to the NCUA.

Lending 150
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The Mother List of All Banking Books

Jeff For Banks

Essays on the Great Depression 2004 Ben S. A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers 2016 Dwight L.

America 78