article thumbnail

Madoff Whistleblower Has GE On The Defense

PYMNTS

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on Monday (Aug. GE’s reported operating margins for the past three years are a negative 6 percent, lower than the historical average.

Fraud 108
article thumbnail

The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. BILL GURLEY.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Product Profitability Anyone? The JFB Pro-Growth Matrix

Jeff For Banks

This style of decision making was romanticized by Jack Welch in his popular 2001 book: Jack Straight from the Gut. One such firm is the Boston Consulting Group (BCG), creator of the Growth-Share Matrix that depicts the potential for a company''s products based on growth prospects and market share. companies are made from the gut.

Boston 93
article thumbnail

20 Alums Make the First Forbes Fintech 50

Fintech Labs Insights

To make the cut, companies were required to have operations in the U.S. Founded: 2001. HQ: Boston. While the list excludes financial giants, Forbes included startups acquired by larger companies but operating independently. . and a viable product.*. ” This year, 20 Finovate and FinDEVr alums made the cut: Algomi.

article thumbnail

Ollie And Fresh Food Delivery For – Yes – Dogs

PYMNTS

The “premium” pet food market as of 2001 accounted for about $5.7 Because Jet.com does not have cold-chain operations nationwide, the availability of Ollie meals will be somewhat limited through the platform. A large dog will cost about $1,843 in its first year with an owner. billion in annual revenue out of $12.9

Oklahoma 139
article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. and a dearth of people with technical, operational experience running energy facilities. The lack of people with real operational experience “hurt KiOR a lot,” says O’Connor.

Capital 78