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I remember about fifteen years ago, a well-known VC said to me “you need to sell a company within a few years of the founder leaving. Companies can’t sustain their innovation after a founder leaves.” I told that VC that my experience has been different on that measure and that I did not agree. I have seen leadership teams take over great businesses from founders and get them to the next level.
Dear Mr. Market: When it comes to the stock market it’s easy to see the road we just traveled; what’s more difficult is trying to assess and figure out where we’re going. In last quarter’s newsletter from My Portfolio Guide, LLC we put out a fairly bold prediction of the S&P 500 hitting 5,000 and the Dow Jones reaching 40,000 within the next year.
Google would like all of us to become a publisher – or at least to “think like a publisher.” Many financial firms are embracing this concept, planning and writing content at an unprecedented pace. But what does it really mean to “think like a publisher?” Magazine and newspaper publishers—online and off—are responsible for the bottom line.
We own a fair number of NFTs that I have collected since 2017 when I was buying Rare Pepes and CryptoKitties. We have accumulated a nice collection of Top Shots and a bunch of other NFTs as well. But I don’t want to sell our NFTs. We also don’t like to sell the art we have collected over the years. We also don’t like to sell the crypto assets we hold.
WATERTOWN, Mass. athenahealth, Inc. (“athenahealth” or “the Company”), a leading provider of cloud-based enterprise software solutions for medical groups and health systems nationwide, today announced it has entered into a definitive agreement to be jointly acquired by affiliates of Bain Capital and Hellman & Friedman for $17 billion. The purchase from Veritas Capital and Evergreen Coast Capital affirms athenahealth’s position as the largest and most innovative provider of cloud-based electr
A few years ago, I was a member of a co-working space. The community norms and values of the space had been carefully nurtured by the three people that started it. Generosity and appreciation was encouraged and everyone knew it was important not to do anything that infringed upon anyone else’s enjoyment of the workplace. Over time, some members moved away, while others moved in.
Like most holidays we celebrate, the essence of the Thanksgiving holiday hides underneath our celebration of it. Ask anyone about Thanksgiving, and you will hear about turkey, stuffing, a big meal, family, and maybe football. I’m fine with all of that, particularly the stuffing and family parts. But the thing that I like most about Thanksgiving is the idea that this is a time of year to give thanks.
Like most holidays we celebrate, the essence of the Thanksgiving holiday hides underneath our celebration of it. Ask anyone about Thanksgiving, and you will hear about turkey, stuffing, a big meal, family, and maybe football. I’m fine with all of that, particularly the stuffing and family parts. But the thing that I like most about Thanksgiving is the idea that this is a time of year to give thanks.
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