Award-winning financial historian delves into character-driven story of venture capital and the world it made. “Innovations rarely came from experts” Jeff Bezos, Elon Musk was not in the auto industry. When it comes to innovation, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a few succeed at…
Wall Street reporters, Eliot Brown and Maureen Farrell, probes into the saga of ambition by aspiring entrepreneur to hit big time and the reasons why some of the biggest names in banking and venture capital buy the hype? What does the future hold for Silicon Valley “unicorns”? “The Cult of We” explores these questions with…
UK inflation rate rises at highest in a decade at 4.2 per cent in October, amid fears over Covid recovery. Th jump, driven largely by rising fuel and energy costs, which puts further pressure on households across the UK. Demand for gas is pushing up energy prices worldwide, recovering from Covid pandemic. The shortages of…
Financial Times journalist Robin Wiggleworth, reveals the secret history of Index Funds, bringing to life the colourful characters behind their birth, growth and evolution into a world-conquering phenomenon, a story of the most pressing financial uncertainties of our time. In 1971, an unlikely group quietly assembled in the financial industry’s backwaters, unified by the heretical…
In 1966 two columnists from Newsweek magazine to debate the world of business and economics. Two most influential economist Paul Samuelson was an authority on Keynesian economics which supported the management of the economy along lines prescribed by John Maynard Keynes’s General Theory, and Milton Friedman, little known at that time outside conservative academic circles,…
Pandora Papers The latest Pandora papers exposes offshore dealings and secret financial documents of presidents, prime ministers and royalties. Thirty five current and former leaders and more than 300 public officials are featured in the files from offshore companies, dubbed the Pandora Papers.King of Jordan amassed £70m secret UK and US properties empire. Blairs saved…
Entrepreneur, Peter Thiel, a right wing student at the Stanford University in the 1980 as a burgeoning conservative, and a tech investor from Silicon Valley over the past two decades, became the ardent backer of Donald Trump. The Contrarian is the biography of venture capitalist Peter Thiel, the enigmatic, controversial and hugely influential power broker…
Winston Churchill’s slogan “Keep Buggering On” became a national catchphrase during the Second World War. Duncan Weldon from The Economist highlights key themes from his brisk history of Britain’s economy since the industrial revolution, taking in everything from the South Sea Bubble to the impact of the financial crisis. According to Weldon the same issues…
Grifters came to be called visionaries and high finance lost its mind. In 2001, charismatic Adam Neumann arrived in New York, the land of opportunities, after five years as a conscript in the Israeli navy, he transformed himself into the charismatic CEO of WeWork worth $ 47bn, within the span of 15 years. His long…
SoftBank secured Fund of $13bn poured into more than 30 countries during the second quarter. During the first three months of the year the fund invested $2bn in two dozen companies according to public disclosures. With the second Vision Fund the Japanese company slightly altered its approach – instead placing more modest bets on…