Next week, SnapChat is set to IPO.
When it goes public, the popular photo and video sharing start-up is expected to have a market cap of about $18 billion.
At that level, Snap’s private market investors stand to make a fortune.
In fact, even Snap’s investors who got involved late…
This past weekend, I had the best burger in New York City.
Thick, rare and juicy. A fresh slice of ripe tomato and onion. And a charbroiled bun.
It’s from a downtown dive called the Corner Bistro.
But plenty of folks disagree with me:
They say NYC’s best burger is…
Now That’s a Party
There were camels in the sand, a gondolier in the pool, and a giant birthday cake in the shape of a Chinese temple. And then, at the stroke of midnight, Gwen Stefani sang Happy Birthday. But who was the birthday boy?
Become a Cyborg……
I couldn’t believe my ears...
I’d been enjoying a pre-flight cocktail at the George Bush Airport in Houston, casually chatting with some folks at the bar. Most of them were well-dressed professionals in their late 50s.
Soon, the topic of the stock market came up—and as they told me, they…
Historically, venture investors have focused on one primary sector:
Technology.
Sure, what it means to “invest in tech” has changed over time…
In the 60s, for example, it meant backing the makers of silicon chips, whereas today it might mean backing drone start-ups, or artificial intelligence companies…
But tech is…
Uber’s Latest Initiative: Flying Cars
Mark Moore, an aircraft engineer who spent the last 30 years at NASA, just joined Uber. His new initiative is called Uber Elevate. Will it fly? »
Russian Hackers Cheat Slot Machines—and Casinos Have No Fix
In June 2014, the Lumiere Place Casino…
Last week, I received an e-mail from the Chief Market Strategist at Convergex, one of the most well-respected financial technology firms in the country.
The topic of the e-mail?
Marijuana Investments.
Matt and I have been writing about this trend for a while now...
However, when a firm like this…
Fortune just dropped a bombshell:
The pending IPO of SnapChat—one of the most anticipated tech IPOs since Facebook—might be a hoax.
You can’t make this stuff up.
As Fortune reported on Monday, it’s become aware of a “conspiracy theory” that Snap’s massive IPO is just a ploy.
But a ploy…
This App Is Better Than Your Dermatologist
Researchers at Stanford University have created a technology that can tell if your rash is a cancer concern, or a harmless pimple—and it can do it just as well as a human doctor »
The End of Crappy Wi-Fi Is Near
…China is killing us.
In 1990, it produced less than 3% of the world’s manufacturing output.
By 2015, that number had increased to nearly 25%.
Today it produces about 90% of the world’s computers, 70% of its mobile phones, and 63% of its shoes.
But now the Chinese government is…
