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Showing posts with label 2017 at 07:30PM. Show all posts
Showing posts with label 2017 at 07:30PM. Show all posts

Sunday, May 28, 2017

Saturday, May 13, 2017

Sunday, April 30, 2017

Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2016

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http://ift.tt/2aG61P3HOLON, Israel, April 30, 2017 /PRNewswire/ —
Sapiens International Corporation N.V. (NASDAQ: SPNS; TASE: SPNS), a leading global provider of software solutions for the insurance industry with a growing presence in the financial services sector, announced today that it has filed its…

April 30, 2017 at 07:28PM

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Saturday, April 29, 2017

‘Shark Tank’ guest judge Chris Sacca has retired from startup investing — here’s the investment approach he used to become a billionaire

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Chris Sacca

Billionaire venture capitalist Chris Sacca surprised many in the tech world on Wednesday when he announced that he was retiring from startup investing.

After a stint at the Silicon Valley office of law firm Fenwick & West and then Google, Sacca struck out on his own and founded Lowercase Capital in 2007. He built his reputation and fortune on early investments in companies like Facebook, Uber, and Twitter.

In late 2014, he was introduced to a more general audience in the “Startup” podcast (in the process of being adapted to television by Zach Braff) and then to millions more when he joined the hit show “Shark Tank” as a guest investor the next year.

Sacca, known for his goofy cowboy shirts, wrote on the Lowercase Capital blog this week that he was “hanging up the spurs” and stepping away from startup investing and “Shark Tank” to focus on his young family and other projects. He will continue to advise the companies he’s invested in but his Lowercase Capital partner Matt Mazzeo will handle the portfolio. Sacca also said he’ll be launching his own podcast and hinted at involvement in a political project that doesn’t involve running for office. 

Back in 2015, Sacca told “The 4-Hour Workweek” author and tech investor Tim Ferriss in an episode of Ferriss’ podcast that his ability to spot and develop startups that would become billion-dollar companies came from nearly 20 years of experience and the counsel of veteran investors like Josh Kopelman of First Round, Tony Conrad of True Ventures, and Hans Swildens of Industry Ventures.

He noted that luck is involved and that his intuition can be off sometimes — he still regrets declining to fund Airbnb and ignoring an early email inquiry from Snapchat cofounder Bobby Murphy — but his investment philosophy made him one of the Valley’s top names in the last decade. Here are its four elements he cited.

1. Invest only if you can add value to the company.

When Sacca and his Lowercase Capital partner Matt Mazzeo decide to invest their money into a company, they are also committing themselves to be advisers to its founders. Sacca said that if he’s going to make this commitment, he doesn’t need to think that he’ll be able to see a startup through to its IPO but, he explained, “I need to know that I can have a material impact to make something more likely to succeed.”

2. Invest in a company that’s already great.

Anyone with a regular job has to work on projects that are assigned to them, whether they want to or not. Sacca said rookie investors are often so used to this mindset that they leave themselves too open to deals.

“When you get into investing, your default stance should be ‘No,’ because most deals suck,” he said. “Most deals won’t make money. Most companies will fail. And the temptation always is you see your first deal and you’re like, ‘OK, I know I can be helpful to these guys, I know I can make this s—-y thing better.’ And so your first few deals are always your worst.”

3. ‘Give yourself a chance to get rich.’

Sacca learned that it’s important to build a portfolio that allows for chances to make money from the “unicorns” (rare billion-dollar companies) and moderate successes by not spreading yourself thin, entering at a price that’s low enough, and making investments with a longterm perspective.

Sacca said that before he realized this, he once “sold a company to Amazon where I saw 3x on a $50,000 investment in a fund. By the time the fund got paid back … I had been busting my ass with that company for a couple years, and like I barely had enough money left to buy that [founder] dinner to celebrate the deal.”

4. Be proud of the deal.

Sacca said he’s unwilling to compromise on his integrity when he makes a deal, and it’s worked out for him.

“There’s stuff that I’ve passed on that I just don’t regret it at all,” he said.

Some examples he mentioned are advertising businesses that place deceptive ads on misspelled domains, subscription services that are intentionally difficult to cancel, products built on unsubstantiated claims, and social networks that utilize anonymous content.

“It seemed like a good way to make money,” Sacca said, “but I don’t have to explain to my kids that that’s how I’ve made money.”

You can listen to Sacca and Ferriss’s full, in-depth conversation on Ferriss’s site or wherever you get podcasts.

SEE ALSO: The 24-year-old ‘Italian Mark Zuckerberg’ has inspired a movie — and the Italian press is tearing it apart

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NOW WATCH: Barbara Corcoran reveals what separates successful entrepreneurs from those that fail

April 29, 2017 at 07:21PM

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from Richard Feloni

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Thursday, April 27, 2017

Finest NYC SEO Agencies Earn April 2017 Awards from 10 Best SEO

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Recently, 10 Best SEO applauded leading New York City SEO companies with its Best NYC SEO Agency awards. The top businesses recognized in this category for April 2017 included Youth Noise and SEO…

(PRWeb April 27, 2017)

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April 27, 2017 at 06:19PM

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Buy-to-let slump benefits first-time buyers, plus the best broadband firms

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Also, how saving just £40 a week could lead to a happy retirement, and lakeside homes in stunning locations

Hello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed.

Continue reading…

April 27, 2017 at 07:22PM

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from Guardian Staff

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EDGE Mobile Payments Announces Discount to Plastc Pre-Order Customers

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Plastc pre-order customers will receive a discount on the new EDGE smart payment card

(PRWeb April 27, 2017)

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April 27, 2017 at 06:19PM

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Industry’s Best Web Designers Receive Awards from 10 Best Design for…

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10 Best Design recently recognized a number of firms for their impressive performance, naming Big Drop Inc as the Best Web Designer for April 2017. Businesses that are seeking professional assistance…

(PRWeb April 27, 2017)

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April 27, 2017 at 06:19PM

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Gerard Ramos accepted into Forbes Technology Council

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Forbes Technology Council Is an Invitation-Only Community for World-Class CIOs, CTOs and Technology Executives.

(PRWeb April 27, 2017)

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April 27, 2017 at 06:19PM

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Friday, April 21, 2017

Eco Planet Bamboo’s investors were “significantly let down”

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EcoPlanet Bamboo is a US-based company that has established bamboo plantations in Nicaragua, South Africa and Ghana. Here’s how the company describes itself on its website: EcoPlanet Bamboo is an innovative forestry company focused on integrated bamboo plantations and associated processing. We focus on the provision of a secure and certified source of fiber for […]

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April 21, 2017 at 07:25PM

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from Chris Lang

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Ocwen Shares Pinned Down, Tag-Teamed By Federal And State Regulators

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Ocwen Financial Corp (NYSE: OCN) shares are down another 4.0 percent in early Friday trading after plummeting more than 50 percent on Thursday.

Latest Ratings for OCN

Date Firm Action From To
Apr 2017 Compass Point Upgrades Neutral Buy
Jan 2017 Compass Point Downgrades Buy Neutral
Oct 2016 CL King Downgrades Buy Neutral

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April 21, 2017 at 07:29PM

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from Wayne Duggan

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After Another Solid Quarter, Visa Remains A Premiere Play On Global Economic Expansion

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Loop Capital Markets has given its stamp of approval for Visa Inc (NYSE: V)’s fiscal year second-quarter results.

Latest Ratings for AXP

Date Firm Action From To
Mar 2017 Tigress Financial Initiates Coverage On Neutral
Jan 2017 Keefe Bruyette & Woods Upgrades Market Perform Outperform
Jan 2017 JP Morgan Upgrades Neutral Overweight

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April 21, 2017 at 07:26PM

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from Shanthi Rexaline

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7 Biggest Price Target Changes For Friday

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  • Loop Capital raised the price target on Core Laboratories N.V. (NYSE: CLB) from $125 to $130. Core Laboratories shares closed at $113.50 on Thursday.

Latest Ratings for CLB

Date Firm Action From To
Apr 2017 Loop Capital Upgrades Hold Buy
Dec 2016 UBS Initiates Coverage On Neutral
Oct 2016 Citigroup Maintains Neutral

View More Analyst Ratings for CLB

View the Latest Analyst Ratings

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April 21, 2017 at 07:26PM

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from Lisa Levin

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