Elon Musk sure knows how to make money — for himself, and for his investors.
For instance, he co-founded PayPal (PYPL), which is now worth nearly $100 billion. He also founded Tesla Motors (TSLA), which, at its most recent peak, was worth more than $1 trillion.
In fact, if you’d…
Investment bank Morgan Stanley recently did something very peculiar:
It told Google to give away one of its smart speakers to everyone in America — for free.
The cost of this giveaway? About $3 billion.
For the last hundred years, CEOs from top companies have relied on Morgan Stanley not…
Tags: Sapientx Voice assistants
Ever Leave Your Underwear in an Uber?
From a prosthetic leg to a Bernie Sanders fanny pack, riders leave some strange things behind when they take Ubers. See all the weird items in Uber’s Lost & Found here »
Underwater City Discovered
In the midst of an extreme…
ProPublica recently published a groundbreaking report…
It managed to get its hands on 25 years’ worth of tax returns for some of the wealthiest investors in the world. And what it discovered is almost unbelievable:
My Grandpa Ben told a heck of a good bedtime story.
With a Scotch in one hand, and a well-worn book in the other, he’d put on a show as he popped his dentures in and out and acted out all the parts.
This was about fifty years ago, well…
A Small Town in Mississippi Is Replacing Hollywood
Forget Hollywood. A small town in Mississippi is quickly becoming a movie maker’s most sought-after destination. Learn why here »
Sorry, Parents — You’re Wrong About Video Games
For years, parents have been telling their kids that playing video games was…
Warren Buffett often shares this pearl of wisdom:
“You only find out who is swimming naked when the tide goes out.”
Meaning, you really don’t know how well or how poorly a company is doing until it’s faced with a major challenge.
Well, given the challenges the world is facing…
Tags: Diversification Luckin
My son just turned three and he already speaks better Spanish than I do.
To be fair, he has two secret weapons. The first is the sponge-like brain of a toddler. The second is my wife — she’s a native Spanish speaker, and she only speaks Spanish to him.
I’ve…
Tags: Foreign language Startups
Traveling This Weekend? These “Gas Hacks” Can Save You Money
Nearly 40 million Americans will be traveling out of town this weekend. But far fewer will take advantage of these clever “gas hacks.” Will you be one of them? »
A Tracking Device Where?!?
As you probably know, smartphones…
Editor's Note: Matt is traveling for the rest of this week. So today, we’ll be re-publishing a popular article from our archives. This is a natural follow-up to Wayne's article from last week, where he introduced you to the concept of a “Venture Capital Fund.” Enjoy!
Two weeks before…
Tags: Aitio Venture fund
