Entrepreneurship
Crypto billionaire Sam Bankman-Fried says more exchanges will fail: ‘There are companies that are basically too far gone’
The so-called crypto winter isn’t over yet — and a number of cryptocurrency exchanges have already run out of cash, billionaire and founder of crypto exchange FTX Sam Bankman-Fried said on Tuesday. There are “some third-tier exchanges that are already secretly insolvent,” Bankman-Fried told Forbes. The 30-year-old’s own fortune has taken a significant cut this […]
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This couple left the U.S. to travel full-time—and cut expenses by 50%: ‘We’ve lived in London, Rome and Lisbon’
My wife and I love to travel. In the five years that we’ve been together, we’ve made many unforgettable memories during our trips abroad. But in July 2021, we took a Greek Isles cruise for my wife’s 49th birthday that truly changed our lives. As we sat in our ocean view cabin, we talked about […]
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His company makes millions producing toys. Now it’s venturing into blockchain and the metaverse
When Jackson Aw was introduced to blockchain technology in 2018, he “didn’t get it at all.” “Can someone dumb it down even further for me? Like, can you just tell me what I can get as a consumer?” That was four years ago. Today, Aw, seems to have the answer to that question. The 32-year-old […]
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This 32-year-old has a toy business worth millions. Here’s how he got his big break with DC Comics
“I’m not the best artist. I’m terrible,” said Jackson Aw with a sheepish laugh. That may seem ironic, given how the 32-year old is the founder and chief executive officer of Mighty Jaxx, a designer toy company from Singapore. But to Aw, acknowledging his own shortcomings has helped him turn his start-up into a multimillion-dollar […]
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Microsoft finds Gen Z is redefining the idea of work hustle in and outside the office
Inga Kjer | Photothek | Getty Images For decades Microsoft has been associated with a traditional definition of office work, long hours in front of a computer, but now the corporate enterprise giant finds Gen Z entrepreneurs disrupting ideas about workplace hustle and the traditional 9-5 day. Many recent Gen Z college graduates are flipping the […]
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5 tips for selling your e-commerce business to an Amazon aggregator
In recent years, Amazon sellers have become a hot commodity. Growing a business on Amazon is more challenging and aggregators are taking the opportunity to snatch up promising and successful businesses while using their expertise to clean up the marketplace. Selling your e-commerce business to an Amazon aggregator can pay off, but only if you […]
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Sequoia says it is optimistic about Southeast Asia’s start-ups despite challenging market
Venture capital firm Sequoia is still “quite optimistic” about long-term prospects for start-ups, despite the recent market volatility. “This is a particularly challenging market for founders to get started,” Abheek Anand, managing director of Sequoia Southeast Asia, told CNBC’s “Squawk Box Asia” on Wednesday. When asked about the firm’s outlook for Southeast Asia’s start-ups, Anand […]
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Stocks have officially entered bear market territory—here’s what that means and what you should do
The months-long slide for the S&P 500 index has officially thrown stocks far enough off of their all-time highs to be considered a bear market. Since the beginning of 2022, the S&P 500 index is down nearly 21% as of Monday afternoon, with companies like Amazon and Google parent Alphabet leading the way with their […]
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I talked to 70 parents who raised highly successful kids—here are the 4 hard parenting rules that make them different
What is a parent’s role in raising smart, confident and successful children? What matters? What doesn’t? Though I am the mother of two happy and driven entrepreneurial sons, these are questions I never thought to ask. Looking back, I would have loved to have read stories about how entrepreneurs had grown up — not just […]
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Suze Orman: This is ‘the No. 1 investment’ to make right now, ‘no matter what’
Inflation is at historic highs, well above anything the U.S. has seen since the early 1980s. On Friday, June 10, investors and economists will be watching closely when the Bureau of Labor Statistics releases its latest consumer price index report, which measures the average change over time in prices paid by consumers for common goods […]
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