CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.

Management 78

Management Capital Company Marketing 78

CB Insights

OCTOBER 29, 2018

Eager to get in on the action and capitalize on the growing number of Latin American internet users, the Spanish telecom company Terra Networks purchased Lycos in a $12.5B Lycos simply couldn’t compete with better offerings from the likes of Google, and in 2004, Terra sold Lycos for a meager $95M. stock-for-stock deal.

Google 76

Google Software Innovation Company 76

CB Insights

SEPTEMBER 10, 2019

The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. Bank of America, Capital One, Chase, PNC, and Wells Fargo all offer digital and mobile banking options. Digit has raised $36M in venture capital to build out its service. It had over 2M users as of July 2019.

Millennials 77

Millennials Mobile Lending Cards 77

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business.

Apple 78

Apple Branding Google Company 78