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Avoid the Unforced Investment Errors Even Billionaires Make

Barry Ritholtz

An instructive war story : During the mid-1990s, a grad school buddy took a senior job at a tech startup that came with lots of stock. These two possibilities a 10-fold increase versus a 90% drop are roughly symmetrical in terms of math (but probably not probabilities). In late 1996, they were bought by Yahoo!

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Startup uLesson Lands $3.1M To Improve Education In Africa

PYMNTS

Nigerian startup uLesson has raised a $3.1 The curriculum will include practice tests and tailored content focused on math, physics, chemistry and biology. The startup’s content and performance assessment will be offered through both streaming and SD cards. million seed round led by TLcom Capital.

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10 Weekend Reads

Barry Ritholtz

Or why we need less math in music theory. ( Previously, she was co-Head of Innovation Economy and Head of Specialized Industries, She has been with JPM Chase for more than 20 years, working with founders, entrepreneurs and startups. That would be absurd, no? So why doesnt our music do that?

Math 64
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Data Enablers: SigOpt’s Machine Learning Tools Help Businesses Optimize Operations

PYMNTS

From some guy’s garage in San Francisco, a group of math nerds has grown into one of the world’s finest-tuned machine learning operations. For his own part, Clark said he would not have been able to create machine learnings startup SigOpt without learning from the mentors in his life. “I PYMNTS: Can you explain the business?

Math 67
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SmartTag Startup Jiobit Sees $3M Seed Round

PYMNTS

Jiobit, a technology startup based out of Chicago, makes something that seems like every parent, from those expecting to empty nesters, will want or wish they’d had. The startup has developed a location-tracking smart tag and accompanying mobile app that sends alerts to parents when their child has gone outside a preset range.

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Plaid Focuses On Student Debt In Third Annual ‘Request For Startups’

PYMNTS

In its third annual Request for Startups, Plaid is aiming to focus on student debt management along with other areas of financial services that FinTech has underserviced. The company said in a blog post, “There is significant opportunity for startups to innovate in a way that helps improve the lives of student loan borrowers.

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At the Money: Meb Faber on Tax Aware ETFs

Barry Ritholtz

Perhaps they have some founder stock from a startup. And the way math works, you end up with a stock that goes up a bunch. We’ve done the math on some of these high-yield portfolios and taxable accounts. Maybe it’s due to employee stock option plans. Maybe there was an IPO or a takeover.