PYMNTS

MAY 4, 2016

The moves comes as the firm is working to account for declining loan volumes. Prosper also spent $40 million to acquire medical loan provider American Healthcare Lending LLC and personal finance startup Billguard Inc. billion in it last fundraising round last year, as of yet, the firm has not actually been profitable.

Profit and Loss 42

Profit and Loss Math Healthcare Retail 42

Barry Ritholtz

JANUARY 24, 2023

But as a private equity owner, again, first of all, you do invest heavily of your own money in the transactions, plus you have additional ownership through, you know, the carried interest, the profits interests. You got 60 percent of losses ahead of you. KLINSKY: Why would I take more than the value of the accounts receivables.

Mergers and Acquisitions (M&A) 103

Mergers and Acquisitions (M&A) Investments Leverage Numbers 103

PYMNTS

OCTOBER 16, 2017

The ability to use an anonymous single currency to power a decentralized, permissionless distributed ledger operating over the public internet where miners compete to solve the math problems that enable the processing of transactions is a remarkable innovation. They buy tokens at a discount and resell them for big profits almost immediately.

Currencies 71

Currencies Concentration Financial Systems Investments 71

Barry Ritholtz

JULY 31, 2023

Ends up turning about $27 million of swap premiums into 2 billion plus in profit. I mean, you’re talking about, I don’t, I could do the math, it’s like a 10,000% return in like three weeks. We’re more startup than established entity, so not everybody has that ability. And that’s sort of the math.

Treasury 52

Treasury Economics Retail Entertainment 52