What is an IPO?An Initial Public Offering is the process of offering shares of a private organization to the public in a new stock issuance, allowing the company to raise capital from public investors...
Payment giant, Visa announced in a statement on Monday (Jan. 13), that the company has made a move to acquire Silicon Valley startup, Plaid. This is a deal that is worth $5.3 billion.Plaid's API softw...
Many years ago, investment icon, Warren Buffet advised Airbnb CEO Brian Chesky to “get rich slow”, over lunch. On Wednesday, the Airbnb CEO ignored the advice and filed for an IPO to speed things ...
There are plenty of reasons for uncertainty these days. With COVID-19 affecting nearly every aspect of everyday life for the average person, it’s hard to say for sure when things will change for the...
The coronavirus pandemic and ensuing lockdown wreaked havoc on Africa's economy and saw a lot of people lose their sources of income. Others, however, did just fine and even managed to perform even be...
In a recent release, UAC of Nigeria (UACN) Plc reported that it generated a total gross profit of N9.1 billion in the first quarter (Q1), which concluded on March 31, 2024.The Company's first-quarter ...
Book Review: Mastering the Market Cycle: Getting the Odds on Your Side by Howard S. MarksHoward Marks, co-chairman and co-founder of Oaktree Capital Management, is renowned for his insightful memos an...
Elon Musk is one of the great founders and investors of all time, his net worth is over $200 billion and he has advice for investors who are having a hard time sticking to an investment plan that will...
The nontraditional lodging company that is shaking up the hotel industry is likely to take a nontraditional path to public markets in 2020.Airbnb, the internet unicorn that was once expected to go pub...
DefinitionThe Bear Sterns was a New York City based global investment bank and financial company that collapsed in 2008 during the subprime mortgage crisis. The company was founded in 1923 and lasted ...