“In June 2023, five years after the CNBC segment [on Jim Cramer’s show] almost to the day, Zume was liquidated. The company, which raised approximately $445 million in its lifetime, is one of Silicon Valley’s most embarrassing failures. Cause of […]
Almost everywhere I look the sentiment is thoroughly negative. It feels like CNBC had been lying in wait to call Michael Saylor a “dot-com era entrepreneur” in the same sentence as they write “Bitcoin’s plunge spells trouble.” | learn more
CNBC reports, “Americans earning less than $30,000 admit to spending about 13% of their income on lottery tickets”, and the average American buys $1,000 of lotto tickets. Meanwhile, about 1 in 3 people in the UK hold Premium Bonds where the interest on […]
CNBC highlights small brands that seem to have a long runway ahead of them. A refreshing change of pace from the “retail apocalypse” news. | learn more
“Shares of little-known financial technology company Longfin surged 1,342 percent in two days to a market value of $3.1 billion after buying a cryptocurrency company with no revenue.” The CEO went on CNBC to tell the public that they’re nuts. |learn […]