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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

bank failures per year between 1996 and 2006, and 3.6 Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” In 2006, the then $686 million in asset bank made $8.8 Between 1941 and 1979, an average of 5.3

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In 2006, investment banks were at the top of the finance world. 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. Over the next 2 years, everything fell apart. STAYING PRIVATE.

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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!, Date: November 30, 2006. Date: February 6, 2006. In 2006, it was the most-visited website in the US, even beating out Google. Zynga and OMGPOP.

Google 76
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Pixelon: Online video vaporware. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: CapitalG, Goldman Sachs Investment Partners, Pritzker Group Venture Capital. Total Funding: $490M.

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11 Lessons From Startup Chapter 11s

CB Insights

As the company’s war chest dwindled toward the end of 2018, it could not secure extra capital to continue financing operation — largely because investors had tired on the structural and competitive problems outlined above. Founded: 2006. The company expanded too aggressively in its early years. Declared Bankruptcy: 2016.

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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. . #108t ($2.5B): Personal finance app Uala based in Argentina. 126t ($2B): American RE investing specialist Divvy Homes. 126t ($2B): Nigerian payment company Opay. 180t ($1.1B): Indian crypto exchange CoinDCX. 180t ($1.1B): USA crypto startup MobileCoin. United States. 9 Sep 2021.

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

Fintech Labs Insights

Scalable Capital. Ant Technology. 2018 round. 5 Nov 2021. 5 Nov 2021. Netherlands. Mar 2021 round. 5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. New Zealand. Accounting. 5 Nov 2021. South Korea. Nov 2018 transaction. One97 (PayTM). 22 Nov 2021.

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