tech, startups, internet

Reverse stock slips for collapsed SPACs.

The NYSE requires listed companies to be worth at least $1 per share. To raise price per share, they reduce the number of shares. “But some didn’t even get that far and filed for bankruptcy, like, WOW that was fast.” | learn […]

tech, startups, internet

The quest for monopoly

This is about the NYSE, who lost their dominant market position before rebuilding it. I appreciate that it’s an example of a long lived and rarely highlighted monopoly business. The article does a wonderful job of telling the story. There’s […]