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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

“[Our founder] conceived of the innovative idea of bringing one idea on one item to a print, on-demand platform that could be easily shared and developed the first prototype in 2001,” said Hugo Smoter, chief commercial officer for Spreadshirt. Many global entities become very consumed by scaling up in western EU or the U.S.,

Data 100
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. First municipalities and larger commercial customers, and more sophisticated retail depositors.

FDIC 78
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The Election That Misplaced Small Businesses

PYMNTS

This week opened with Hector Barreto — the current Chair of the Latino Coalition and a former SBA Administrator from 2001-2008 – wondering what on Earth had happened to the economic message during this particular election season. 2) Can taxes be made comprehensible? But what we heard far more often than lower, was less complicated.

Taxes 50
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Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

Presented by Afterpay and featuring an interview with Daniel Demsky , co-founder of travel clothing retailer Unbound Merino , this report detailed the way installment payment plans’ popularity have surged during the pandemic, and research correctly suggested it would become only more popular during the holiday season. Buy Now, Pay Later.

Trends 259
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, In the early 2000s, venerable retailers Sears and Kmart began losing ground to Walmart and Target, with Kmart even filing for Chapter 11 in 2002. Price: $25B.

Google 76
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Pixelon: Online video vaporware. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US. Total Funding: $1.1B.

Fraud 78
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Former Walmart CEO Criticizes Amazon And Suggests It Be Split Up

PYMNTS

They’re not making money in retail, and they’re putting retailers out of business,” Bill Simon told CNBC , pointing out that Amazon has operated its retail segment at a loss for decades and subsidizes it with profits from other areas. It’ll hurt small retailers, and it’ll hurt specialty chains. Walmart can adjust.

Taxes 101