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Archive for the ‘Finance Articles’ Category

Sanders and AOC team up for an anti-loansharking bill that will replace payday lenders with post-office banking

Yesterday, Senator Bernie Sanders and Rep Alexandria Ocasio-Cortez jointly introduced The Loan Shark Prevention Act, which will cap credit card interest rates at 15% (and closes the loopholes that lets credit card issuers exceed their stated APRs with the use of hidden fees) and which re-establishes American post-office banking.

Critics of the bill say that ...

Buried in Uber’s IPO, an aggressive plan to destroy all public transit

Uber is a wildly unprofitable company with no conceivable path to profitability in any universe, under any circumstances, but the company's founders and early investors (having already taken massive write-downs on their investments) are hoping to get at least some of their money back through the time-honored "greater fool" methodology. Specifically, they're floating ...

Media VC theses, SEO keywords, cosmology, and brand design

Where top VCs are investing in Media, Entertainment & Gaming Our media columnist Eric Peckham (who is hard at work on the Unity EC-1, which we will start to publish here shortly) pinged his network of media investors to figure out what the media VC world is up to in mid-2019: Here are the media ...