CB Insights

SEPTEMBER 5, 2018

Dockless systems, which allow users to park their bike or scooter anywhere along the sidewalk rather than in a fixed docking station, are more convenient and less costly to scale given lower capital costs, as operators don’t have to build out fixed stations. San Francisco was one of the first cities to tackle scooter regulation.

San Francisco 78

San Francisco New York City US Mobile 78

Bankelele

DECEMBER 24, 2015

As such, they should be treated in the same manner, as there is no explicit regulation for virtual currencies in Kenya. Bitcoin has a unique design, that confounds regulators and monetary authorities attempting to pigeonhole it. For example, US tax authority IRS classifies it as an asset, with tax payable on capital gains.

Bitcoin 28

Bitcoin Regulation Taxes blockchain 28

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. This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely.

Management 78

Management Capital Company Marketing 78

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe went on to raise a seed round from Sequoia Capital, Andreessen Horowitz, SV Angel, and PayPal founders Peter Thiel and Elon Musk in 2011.

Online 98

Online Company Retail Payments 98

CB Insights

OCTOBER 29, 2018

Date: May 21, 2009. When Cisco paid almost $600M for Pure Digital in 2009, it probably seemed like a great investment for their consumer products department; Pure Digital’s Flip HD digital camera was a hot seller at the time. .” By 2009, Time Warner had spun off the once-mighty internet titan back into a separate entity.

Google 76

Google Software Innovation Company 76

Gonzobanker

DECEMBER 20, 2018

Timing is everything, and Feiger knew that after tripling the stock price since the 2009 downturn, it was time to get the shareholders a solid payback. This award goes to Capital One for making bold moves on exiting the mortgage and online brokerage businesses and refocusing efforts on its core card and banking businesses.

Fintech 105

Fintech Conference Innovation Community 105

CB Insights

JUNE 6, 2019

Notably, Solyndra’s rise coincided with the passing of 2009’s American Reinvestment and Recovery Act, which contained various subsidies and promises of investment for sustainable US energy initiatives. In March 2009, the US government announced it planned to award Solyndra a guaranteed loan of $535M as part of that initiative.

Apple 78

Apple Branding Google Company 78

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Table of contents.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

FEBRUARY 28, 2019

Brown, instead of managers getting stock options or guaranteed bonuses, every manager got paid $7,800 a year (the equivalent of about $14,500 today), plus “a designated percentage of the profits of the company after these are reduced by a charge for capital employed.”. The result of this type of plan was to make each manager at H.

Omaha 78

Omaha Company Capital Management 78

PYMNTS

APRIL 9, 2019

Carranza has a history at the SBA, serving as its deputy administrator between 2006 and 2009. ” He added that the hiked fees are likely to pass costs down to small business borrowers, and limit their ability to access capital. ” said Trump in a tweet announcing the nomination, according to Reuters. ”

Lending 128

Lending Policies US Capital 128