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A Decline in Personal Savings

TrustBank

The only time US personal saving has been this low was back in 2005 when it bottomed out at 2.1%. The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. in October. What followed was a new level of prosperity.

US 52
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

WrkRiot’s short-lived house of cards falls down. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: CapitalG, Goldman Sachs Investment Partners, Pritzker Group Venture Capital.

Fraud 78
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Bain, whose co-founders would go on to start Bain Capital, had a particular expertise in finance from the beginning. Mitt Romney, center, began his career at BCG but made his real fortune as vice president of Bain & Company and co-founder of Bain Capital — specialization-wise, a fitting career move.

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11 Lessons From Startup Chapter 11s

CB Insights

Founded: 2005. When Munchery filed for Chapter 11 protection in March 2019, the company owed its former customers more than $3M in unfulfilled gift cards and an additional $3M to vendors and manufacturing partners. Dart Music. Earth Class Mail. Solyndra: A fragile business model leaves you vulnerable to competition.

Apple 78
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The 238 Fintech Unicorns of the 21st Century (Sep 2021)

Fintech Labs Insights

Mar 2021 round. 9 Sep 2021. June 2021 round. 9 Sep 2021. July 2021 round. Better.com. May 2021 SPAC annoucement. April 2021 round. Aug 2021 round. Toss (Viva Republica). June 2021 round. South Korea. 9 Sep 2021. April 2021 round. Sep 2021 round. Aug 2021 round. 9 Sep 2021. Aug 2021 round. Papaya Global. Mar 2021 round. Sep 2021 round. Cybersecurity.

Fintech 15
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The Fintech Unicorns of the 21st Century (Dec 2021)

Fintech Labs Insights

June ’21 round. Checkout.com. Jan ’22 round. July ’21 round. Jan ’22 round. Jan ’22 round. Oct ’21 round. HealthEquity. Aug ’21 round. Aug ’21 round. Oct ’21 round. Duck Creek Software. April ’21 round. Greenlight. April ’21 round. Aspiration. Sep ’21 SPAC (proposed). May ’21 SPAC annoucement. Nov ’21 round. Cardlytics. Mercado Bitcoin.

Fintech 15
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The 260 Fintech Unicorns of the 21st Century (Oct 2021)

Fintech Labs Insights

Mar 2021 round. 5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. Plaid Technologies. April 2021 round. Infrastructure. Oct 2021 round. One97 (PayTM). 22 Nov 2021. 8 Nov 2021. Mar 2021 SPAC (proposed). Estimate based on IPO filing. South Korea. Aug 2021 round. Clearwater Analytics. 5 Nov 2021. Investing/back office. Oct 2021 round. Cardlytics.

Fintech 15