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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 old borrow short, lend long strategy. percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad?

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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!, Lycos simply couldn’t compete with better offerings from the likes of Google, and in 2004, Terra sold Lycos for a meager $95M. Zynga and OMGPOP.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. From big banks to big tech.

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The 260 Fintech Unicorns of the 21st Century (Oct 2021)

Fintech Labs Insights

Value ($B). Value Date. Sub-Category. 5 Nov 2021. 5 Nov 2021. Ant Technology. 2018 round. 5 Nov 2021. 5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. Accounting. 5 Nov 2021. South Korea. Nov 2018 transaction.

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The Fintech Unicorns of the 21st Century (Dec 2021)

Fintech Labs Insights

Ant Technology. 2018 round. Mar ’21 round. August ’21 exit to Square. Aug ’21 round. FTX Exchange. Oct ’21 round. South Korea. Nov ’18 transaction. New Zealand. Accounting. Secondary market May 21. Mar ’21 SPAC (proposed). Dec ’19 round. Wise ( TransferWise ). Aug ’21 round. Payroll/SMB. Oscar Health. Jan ’16 round. Better.com. April ’21 round.

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The 266 Fintech Unicorns of the 21st Century (Nov 2021)

Fintech Labs Insights

Value ($B). Value Date. Sub-Category. Ant Technology. 2018 round. July 2021 round. August 2021 exit to Square. South Korea. Aug 2021 round. FTX Exchange. Oct 2021 round. New Zealand. Accounting. Nov 2018 transaction. Secondary market May 21. Checkout.com. Jan 2021 round. One97 (PayTM). Dec 2021 round. Jan 2016 round. Better.com. Dec 2021 round.

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The 225 Fintech Unicorns of the 21st Century (Aug 2021)

Fintech Labs Insights

. #168t ($1.3B): USA crypto tax software provider TaxBit. 200t ($1B): American lender Octane Lending. 180t ($1.1B): Indian crypto exchange CoinDCX. 180t ($1.1B): USA crypto startup MobileCoin. 200t ($1B): Canadian accounting provider Freshbooks. 200t ($1B): American investing platform Human Interest. Value Date. 9 Sep 2021. 9 Sep 2021.