Ventures, Start Ups, Businesses
Financials Category
Betterment Wants To Be Your New, Higher-Yield Savings Account
By: admin on: May 25,2010 In: Applications, Financials, New Launches, New Product/Services
Betterment is a new startup that wants to be the “replacement for your savings account.” Betterment earns you more money than a standard savings account and offer more flexibility than higher yield accounts. You do not need any knowledge about the financial products and the market to use this service.
The site has two portfolios- one [...]
SecondMarket: $70 Million In Private Shares Traded In March
By: admin on: Apr 10,2010 In: Financials
Transactions of private-company stock on SecondMarket nearly doubled in March. The transactions rose to $70 million from $43.8 million in February. It is the highest amount that has ever been traded on SecondMarket. Download the stats here.
Among the transactions, 41% is of sales of Facebook stock (as high as $40 per share).
MedeAnalytics, a healthcare performance analytics [...]
PayPal To Restore Bank Withdrawal Service In India On March 3rd
By: admin on: Feb 28,2010 In: Crisis, Financials, Fraud and Problems
About three weeks ago, eBay’s electronic payments service PayPal suddenly started blocking personal payments going in or coming out of accounts from Indian customers. This blocking saw huge protests in the form of online complaints that ranged from accusations of racism to sheer amateurism.
Last week, rumors that PayPal was actually forced into halting personal payments [...]
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- Tags: accusations, amateurism, Bank, bank accounts, bank withdrawal, blog, business, code, ebay, ebay company, electronic payments, Export, field, foreseeable future, form, global marketplace, India, indian businesses, indian customers, information, inward remittances, Law, March, merchant, merchant transactions, Monday, money, nature, night, online, order, part, PayPal, personal payments, post, racism, rbi, regulatory requirements, Reserve, reserve bank of india, Restore, service, status, update, Wednesday, Withdrawal, withdrawals
SecondMarket Transactions Show Demand For Consumer Products and Services Startups
By: admin on: Feb 9,2010 In: Financials, Startup Deals
SecondMarket published data on private company stock sales helped by them in 2009. Now they have come up with last month’s data.
More than $13 million in sales happened during this time. The average transaction size was about $2 million. A strong demand can be seen for consumer products and services startups (companies like Facebook, Twitter, [...]
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- Tags: cleantech, company stock, Consumer, demand, Digg, download, energy, facebook, gridpoint, group, healthcare, linkedin, month, PDF, percent, private company, report, SecondMarket, Show, Solyndra, startups, stock sales, Tesla, Thirty, time, total, transaction, transaction size, Twitter
Google Co-Founders Selling 10 Million Shares Over Next Five Years
By: admin on: Jan 23,2010 In: Financials, Search Engines
Larry Page and Sergey Brin, Google co-founders, will sell off up to 10 million shares within the next five years (SEC filing ). Taking the closing price of yesterday $550, it will be worth $5.5 billion. Both co-founders hold Class B shares with super-voting rights. If the sell 5 million shares, their voting control will [...]
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- Tags: 10 million, 5 million, Brin, capital, capital stock, class, closing, Co, common stock, conversions, diversification, filing, founders, Google, Larry, Larry Page, larry page and sergey brin, Million, part, percent, plan, price, rule, rule 10b5, SEC, Selling, Sergey, shareholder, shareholder vote, shareholders, today, voting power, year, yesterday
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