Business

SPACs just broke the annual record for new issuance—in March

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It’s not going to end well for investors in special purpose acquisition corporations. Read More

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Andreessen Horowitz leads yet another round in Clubhouse

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Heads or tails, Clubhouse will be one for the history books Read More
Business Gambling

Valuation: Casino stocks acquired clobbered from COVID-19. This is currently an attractive wager

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—Warren Buffett, Fortune, 1999 Few small business models are somewhat more dependable than a casino.  Folks really like to bet, and since the house has a statistical edge over its clients in each match it functions, the more people play, the longer the casino gets.  Variable in all of the money individuals spend on entertainment and […]
Business Tech

The hottest IPO of 2021 has already cooled off

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Electric truck manufacturer Rivian missed a key production target and faces rapidly rising competition in its push to become the next Tesla. Read More