Remove 11 why-nations-fail
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Why Timing Is Everything On Tax Day

PYMNTS

But, as it turns out, Americans are a nation of procrastinators, according to Thorndike, and it became clear quickly that they needed more time to get their taxes together. Americans, as it turns out are … A Nation of Dedicated Procrastinators. You just hit send by 11:59 p.m., and you’re good.”. That means U.S.

Taxes 103
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In 2017, Andreessen Horowitz general partner Alex Rampell said that of all the tech giants that could make a major move in financial services: “Amazon is the most formidable. Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal).

Cards 101
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11 Lessons From Startup Chapter 11s

CB Insights

Although many entrepreneurs are keenly aware that the odds are stacked against them, few founders expect to find themselves explaining their actions in bankruptcy court — yet that’s the precise situation the founders of these 11 companies found themselves in when their ventures failed. Download the full 25-page report.

Apple 78
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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Also known as Gen Y, millennials are often painted as screen addicts who can’t eat a meal without sharing it on Instagram — which is why they won’t sit down for a meal at Applebee’s. They’re commitment-phobes who balk at the idea of being tied down, and that’s why home ownership rates are down.

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How AI Will Go Out Of Control According To 52 Experts

CB Insights

Increasingly scientists think there should be some regulatory oversight maybe at the national and international level, just to make sure that we don’t do something very foolish. Tim Urban, blogger and creator of Wait But Why , believes the real danger of AI and ASI is the fact that it is inherently unknowable. Vladimir Putin.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

In his shareholder letter that year, Buffett talked about a few of the reasons why. At the same time, many executives at companies that had failed or suffered huge losses (and whose shareholders had suffered in turn) received record levels of compensation. In 1991, Berkshire Hathaway acquired the H. Brown was profitable.

Omaha 78
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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

There are many reasons why chat didn’t take off in 2016. In 2017, JPMorgan Chase announced that its “COiN” bot was reviewing about 12,000 financial contracts every year — saving about 360,000 hours worth of labor from lawyers and loan officers. Thousands of companies commissioned their own chatbots in anticipation. Source: TechCrunch.