Category: Uncategorized

SPAC FRENZY EMBOLDENS SILICON VALLEY STARTUPS TO FORGO VENTURE FUNDING

February 26, 2021

Helicopter-taxi hopeful Archer is among those joining the public markets with billion-dollar valuations—years before any revenue California aerospace startup Archer Aviation Inc. has a multibillion-dollar vision of flying people around town in autonomous electric helicopters. It doesn’t have revenue or a vehicle ready for liftoff, but that hasn’t slowed the three-year-old company. Instead of toiling…

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Family offices become financial titans

January 7, 2019

Hussein Sayed, a local anchor with CNBC, a tv network, beams from the stage as he welcomes participants to a conference on family offices (fos) in Dubai. Among those present are billionaires and their offspring, advisers and money managers, and a smattering of investment-minded blue-bloods, including Prince Michael of Yugoslavia. “We think there may be over $2trn represented…

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Tax Reform: Myth or Reality?

November 17, 2017

“Get your facts first, then you can distort them as you please.” — Mark Twain Recent market activity has once again brought up the potential for a serious correction in equities while stock prices hover near record highs.  Of particular interest has been tax reform.  Last week a modest selloff in equities (S&P 500 -0.21%, NASDAQ…

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