asterisk2a + cash   24

Bargeld-Obergrenze: Cash kann man nicht überwachen (Lobo-Kolumne) - SPIEGEL ONLINE
[D]ie Abschaffung physischer Zahlungsmittel fantastische neue Überwachungsmöglichkeiten. [...] Die Bundesregierung möchte das Geld abschaffen, eigentlich zu spät, die meisten Leute haben ja schon heute kaum mehr welches. Gesprochen wird laut einem Bericht der "FAZ" natürlich zunächst nicht von der Abschaffung, sondern von einer Begrenzung der Barzahlung auf 5000 Euro. Aber es lohnt, den Kontext zu betrachten. In der SPD wird über die Abschaffung des 500-Euro-Scheins diskutiert. Im Januar in Davos erklärte John Cryan, der Chef der Deutschen Bank, es werde in zehn Jahren kein Bargeld mehr geben, es sei ja schrecklich ineffizient. [...] Dahinter verbirgt sich die Ideologie der Kontrolle, genauer: eine Ideologie der automatisierten Kontrolle des Menschen durch Technologie, deren nähere Betrachtung sich lohnt. //&! War on Terror! - on.fb.me/1THMA89 //&! Bargeldobergrenze hilft nicht gegen geldwaesche und schattenwirtschaft - bit.ly/1RffSKZ //&! bit.ly/1KgLGgZ
cash  corruption  bribery  Schwarzkasse  Geldwäsche  War  on  Terror  shadow  economy  money  laundering 
february 2016 by asterisk2a
FED Impact on Tech: Bloomberg West (Full Show 9/18) - YouTube
16:40 - how to consume amazon offerings!? via their platform, silo. closed. drm. // distribution model - for prime - lock-in - convenience - less friction. // "Kids don't care much about quality." // taking share of media consumption. // compelling offering - music, series, streaming, e-commerce, gaming, ... // it's not about entry point to access, lowering the price point of entry for the consumption device and the subscription of amazon prime in aggregate - and lock the consumer in. the aggressive price is an attack strategy (opening up/diversifying the price point) of the distribution model to grow the prime business. //
Amazon  Amazon  Prime  distribution  model  subscription  model  business  model  marginal  cost  Kindle  Tablet  phablet  iPad  Platform  DRM  Hardware  Entertainment  utility  Amazon  Dash  Button  e-commerce  pure  play  Escapeism  Gaming  Netflix  Apple  Music  Spotify  HBO  original  programming  Top  Gear  House  of  Cards  Television  TV  cable  provider  iPad  Pro  differentiate  differentiation  business  strategy  Cash  Cow  Jeff  Bezos  AWS  market  share  Walmart  Jet.com  monopsony  duopoly 
september 2015 by asterisk2a
Gurley on Global Selloff: Bloomberg West (Full Show 8/21) - YouTube
'averting catastrophic events' - hard things about hard things - book // when taking on growth round to grow aggressively company (buying customer growth)... you might actually take on risk. especially when the sentiment and the market turns and you burned it all and weren't so good at allocating the money and 'growing' you have to maybe raise a flat/downround ... ooopsies. Or even have to accept a debt round and massive lay-off to get to cash flow even/positive. And run a tight ship with the user base/business you've got. // re: post-price correction after speculative China bubble burst and massive China weakness and still existing/persistent deflationary pressures in western world. // &! bit.ly/1NTc3GM - Public markets affect venture funding. Full stop.
growth  round  IPO  Bill  Gurley  Venture  Capital  Private  Market  Unicorn  Decacorn  Mutual  Fund  Private  Equity  Hedge  Fund  2015  speculative  bubbles  speculative  speculation  hunt  for  yield  burn  rate  runway  sentiment  business  confidence  consumer  confidence  China  recovery  bubble  reflate  reflation  book  Ben  Horowitz  Marc  Andreessen  business  model  cash  flow  cash-is-king  Start-Up  lesson  financial  model  Start-Up  advice  valuation  Mark  Suster  Wall  Street 
august 2015 by asterisk2a
An Analysis Of Zirtual’s Reality And The Perils Of Debt | TechCrunch
[ SEC filings show it wanted to raise lots more money ] Think about the implications of this for a moment: we know the company wanted $2.75 million in June, and got most of it. But we also know that 35 days later, Zirtual had been looking for another $3 million, and only got $650,000. That is a meaningful shortfall, an 80% difference between the money they needed and the money they got. [...] In fact, you might have concluded they were in for some kind of serious financing and operational problem weeks in advance [ talked also in Jason's interview that they still have legacy customers who cost them too much but are sort of still keep on: book 'hard things about hard things'], when you connect the fairly clear dots between two attempts to raise capital within a month of each other, and which are increasingly unsuccessful. [...] We’re not talking about an equity financing here, we’re talking about debt. [...] debt is a harsh mistress, especially for a startup tech company.
Zirtual  burn  rate  runway  Venture  Capital  fundraising  operations  operation  convertible  note  debt  cash  flow  cash-is-king  Start-Up  lesson  Start-Up  advice  CEO  CFO  financial  literacy  accounting  accountability  execution 
august 2015 by asterisk2a
Tesla Announces $500M Common Stock Offering | Hacker News
This is a timely announcement following chatter about Tesla's cash flow problems // capital intensive // Tesla shares down after electric car maker posts losses as Elon Musk says more cash needed - bit.ly/1NefTw4
Tesla  Motors  cash  flow 
august 2015 by asterisk2a
SoundCloud will Apple, Spotify und Google angreifen - SPIEGEL ONLINE
SoundCloud plant einen eigenen Bezahldienst für Musik aus dem Internet - und greift damit Spotify und Apple an. Der Gründer des Berliner Start-ups erklärt, wie er trotzdem eine Milliarde Nutzer erreichen will. [...] Zusammengefasst: Der Streamingdienst SoundCloud aus Berlin startet noch in diesem Jahr einen eigenen Bezahlservice. Gründer Eric Wahlforss glaubt, dass seine Community von Künstlern und Musikliebhabern stark genug ist, um gegen die Angebote von Apple und Spotify zu bestehen.
Soundcloud  Spotify  Apple  Music  subscription  model  business  model  Music  Industry  DMCA  copyright  infringement  Remix  Culture  differentiate  differentiation  audience  Social  Media  Platform  burn  rate  runway  cash  flow  niche  Content  pageviews  advertisement  YouTube  Pandora  Rdio  Deezer 
july 2015 by asterisk2a
Fear Trumps Greed in Silicon Valley as Some Venture Firms Hedge - Bloomberg Business
[... high ops cost associated w SF/Palo Alto ... fancy office (and expensive (rarefied) developers from Google or Facebook) in SF as a sign of success while burning +2m per year at least with no cash flow in sight ... and with all consumer products being free and hoping to finance themselves in the future with advertising ... ] Some VCs are urging their companies to build a rainy day fund to ensure their survival. [...] It’s a constant battle deciding whether to invest in a potentially lucrative deal, said Philadelphia financier Rudy Karsan: “Greed versus fear.” [ Softbank Capital just last week came out publicly with a shift in strategy, to invest now ONLY in proven winners, at slightly premium to get in (and with preferred liquidation preferences in writing), &focus resources on those portfolio companies ... than to compete in a crowded, distorted, muggy, in transparent, very speculative (with lots of ifs and luck and bet on CEO to execute well) A-, B- (and C-Round) market. ]
Silicon  Valley  burn  rate  runway  cash  flow  cash-is-king  hunt  for  yield  distortion  ZIRP  NIRP  QE  growth  round  SPV  war  for  talent  Private  Market  Private  Equity  Hedge  Fund  Mutual  Fund  bubble  USA  Fed  Taper  asset  bubble  asset  allocation  Angel  Investor  Seed  business  model  advertising  VC  Venture  Capital  Greed  FOMO  bubble  speculative  bubbles  speculative  speculation  SoftBank  Capital  IPO  NASDAQ  A  Unicorn  Decacorn  termsheet  liquidation  preferences  exit  strategy  M&A  acquisition  acquihire  acqui-hire  business  cycle  business  plan  business  investment  business  confidence  consumer  confidence  leverage  debtoverhang  irrational  exuberance 
july 2015 by asterisk2a
Richard Koo: "Out of the Balance Sheet Recession and into QE 'Trap'" - YouTube
Released new book end of 2014. // Banks unable to lend money 2 unwilling (eligible) customers. Money remains on the private banks (&Central Banks in form of bonds) balance sheets/books & mostly allocated towards parking it overnight @Central Banks deposit facility (thus ECB put up a deposit levy, late into the game) or liquid fairly un(der)productive investment classes like gov bonds. // Companies (& people ie 4 education/housing) borrowing & investing (into the future, that is uncertain, unknown, deflationary)!? // 19:30 Even Abenomics is not working. Bc trauma towards Debt! behavioural economics: experience of debt servitude on less income, additional uncertainty & distrust! // Lowering corporate tax rate (like George Osborne) does not help. // Persistent low inflation expectations. // Taper extremely difficult: 2.5trn excess in long bonds. Unknown territory. Possibly future higher interest rates than fnd economic growth does warrant - adding to output gap & new normal.
2015  UK  USA  liquidity  trap  QE  ZIRP  NIRP  balance  sheet  recession  deleveraging  debtoverhang  Japan  Fed  BOE  BOJ  GFC  recovery  austerity  economic  history  economic  model  academia  deflationary  monetary  transmission  mechanism  M3  LTRO  TLTRO  lost  decade  lost  generation  fiscal  policy  monetary  policy  Career  Politicians  bond  bubble  equity  bubble  property  bubble  negative  real  interest  rate  deposit  levy  economic  growth  trickle-down  economics  secular  stagnation  headwinds  Great  Depression  PIIGSFB  PIGS  macroeconomic  policy  microeconomic  policy  economic  damage  behavioral  economics  zombie  banks  Abenomics  squeezed  middle  class  wage  growth  wage  stagnation  cash  flow  cash  flow  management  trust  distrust  long-term  view  long-term  thinking  sovereign  debt  crisis  debt  servitude  household  debt  debt  monetisation  debt  monetization  Super  Cycle  student  loan  debt  private  debt  consumer  debt  student  debt  George  Osborne  David  Cameron  competitiveness  competitive  industrial  policy  budget2015  business  investment  infrastructure  investment  demographic  bubble  uncertainty  Sozialer  Abstieg  disposable  income  discretionary  spending  Yen  JGB  Taper  greatrecession  USD  dogma  ideology  public  investment  short-term  thinking  short-term  view  productivity  output  gap  underinvestment  productive  investment  book  rate  private  savi 
july 2015 by asterisk2a
Sacca: Bad Deals Are Being Done in Silicon Valley - Bloomberg Business
min 3 - normal people have been prices out of SV, SF, Palo Alto and around the region. sw engineers with entitelment and very little compassion. // bloom.bg/1I8NCAM &! bloom.bg/1Hzb5za &! bloom.bg/1BaVBji &! bloom.bg/1Fd2zQf (Amazon, Fb, Google, eBay, all had cash flow during its growth past IPO, Twitter ops too expensive compared to scale, living beyond its means. does not need to invest in warehouses (Amazon) nor data centers (Google)) // &! bloom.bg/1e8mFGd &! bloom.bg/1L2Accs &! bloom.bg/1INBZ7N &! bloom.bg/1TgmWqi &! http://lowercasecapital.com/2015/06/03/what-twitter-can-be-2/ &! http://lowercasecapital.com/2015/05/21/i-bleed-aqua/ - Sarah Lacy from pando argues, he bleeds green - pando.com/2015/06/11/the-icahn-was-coming-from-inside-the-house-why-dick-costolos-ouster-changes-the-valley/ &! pando.com/2015/06/12/im-more-similar-to-elon-the-5-silliest-things-chris-sacca-said-yesterday/
Chris  Sacca  Silicon  Valley  ecosystem  Twitter  runway  burn  rate  cash  flow  business  model  San  Francisco  Palo  Alto  hunt  for  yield  distortion  growth  round  SPV  Hedge  Fund  Mutual  Fund  late-stage  funding  Private  Market  Private  Equity  ZIRP  NIRP  QE  cash-is-king  Bill  Gurley  Unicorn  Hype  Cycle  inflation  Venture  Capital  Micro  VC  Angel  Investor  war  for  talent 
june 2015 by asterisk2a
Apple Music: Neuer Streamingdienst verschlägt der Konkurrenz die Sprache - SPIEGEL ONLINE
Es kommt wie erwartet, und doch ist die Branche in Aufruhr: Bei der Entwicklerkonferenz WWDC hat Apple seinen neuen Streamingdienst Apple Music angekündigt. Umfang und Art des Angebots dürften der Konkurrenz das Leben schwer machen. [...] Apple muss damit nicht reich werden Allerdings sind die Ausgangspunkte sehr unterschiedlich. Bei einem Umsatz von 1,3 Milliarden Dollar machte Spotify im vergangenen Jahr 197 Millionen Euro Verlust. Mit dem Geldverdienen klappt es also nicht einmal beim Marktführer so richtig. Und trotzdem wird das schwedische Unternehmen mit acht Milliarden Dollar bewertet. Für Apple aber ist es viel einfacher: Der kalifornische Konzern muss mit seinem Angebot gar kein Geld verdienen. Der iTunes Store und der App Store dienen in erster Linie dazu, Kunden an Apples Plattformen zu binden und damit den Verkauf der viel profitableren Apple-Hardware anzukurbeln. Genauso ist es auch mit Apple Music.
Apple  Music  Apple  Spotify  Tidal  Pandora  Rdio  Deezer  Platdorm  Silo  aspirational  product  Branding  Brand  iTunes  Apple  App  Store  ecosystem  marginal  cost  margin  cash  cow  business  model  multi-product  company  freemium  subscription  model  commodity  business  commoditization  Software  Is  Eating  The  World  Google  Play  Amazon  Netflix  differentiate  differentiation 
june 2015 by asterisk2a
Bargeld: Peter Bofinger will Münzen und Scheine abschaffen - SPIEGEL ONLINE
http://www.spiegel.de/wirtschaft/soziales/bargeld-abschaffen-eine-schraege-debatte-muenchau-kolumne-a-1034256.html // Geld hat exakt drei Funktionen - juristisch wie ökonomisch. Es ist Zahlungsmittel, Zahlungseinheit und ein Mittel zur Wertaufbewahrung. Bei den ersten zwei Funktionen gibt es keinen Unterschied zwischen Bargeld und E-Geld, zumindest keinen prinzipiellen. Ob Sie mit E-Karte bezahlen oder mit Euroscheinen: Ihr Zahlungsmittel ist akzeptiert und die Einheit ist immer der Euro. Wer also von geprägter Freiheit spricht, kann logischerweise nur die dritte Funktion des Geldes meinen, die Wertaufbewahrung. [...] Scheine sind kein Geld, nur ein Versprechen [trust & confidence] // would allow to tax bank and asset accounts in a deposit haircut move like in Cyprus, would be easier to monitor ie spending (anonymized and aggregated) and cash outflows/capital flight &! http://www.bbc.co.uk/news/business-32778196
fiscal  policy  cash  Bargeld  society  economic  history  deposit  haircut  fiat  currency  fiat  money  trustagent  trust  confidence  currency  debasement  Debt  Super  Cycle  monetisation  monetization  ECB  centralbanks  cyber  war  cyber  crime  cyber  security  IT 
may 2015 by asterisk2a
Amazon: Warum Jeff Bezos Milliarden-Verluste kalt lassen - SPIEGEL ONLINE
Die Management-Grundsätze Bezos' sind kein Geheimnis. Als er seine Unternehmensgründung 1997 an die Börse brachte, schrieb er einen Brief an Investoren, in dem er seine Strategie kurz und bündig darlegte und den er seitdem jedem neuen Geschäftsbericht beilegt. Darin findet sich der zentrale Grundsatz, nachhaltig und langfristig zu investieren - also nicht wegen kurzfristiger Gewinne oder um den Aktienkurs zu befeuern. Ein Kernsatz in dem Brief lautet: "Wir werden anstatt ängstlicher mutige Investitionsentscheidungen treffen, wo immer wir es als ausreichend wahrscheinlich einschätzen, Marktführer zu werden. Einige werden sich auszahlen, andere nicht. Dazugelernt haben werden wir in jedem Fall." Gleich darauf folgt die Klarstellung, dass Bezos künftige Cashflows wichtiger sind als Gewinne der Gegenwart.
Amazon  Jeff  Bezos  ROI  cash  flow  Start-Up  lesson  Start-Up  advice  growth  round  growth  hacker  growth  hacking  investment  business  investment  Marktanteile  customer  acquisition  customer  retention  user  churn  user  acquisition  short-term  thinking  short-term  view  long-term  thinking  long-term  view  Wall  Street  oligopoly  oligopol  profit  maximisation  AWS  Wall-Mart  Google  Microsoft  Alibaba  Rakuten 
december 2014 by asterisk2a
The Downtown Project Suicides: Can the Pursuit of Happiness Kill You? | Re/code
http://www.feld.com/archives/2014/10/founder-suicides.html "I’m saddened by the struggles around The Downtown Vegas Project. I’ve long thought, and continue to think, it’s a really interesting experiment." + http://chrisyeh.blogspot.co.uk/2014/10/the-manic-side-of-entrepreneurship.html !+!+! http://pando.com/2014/10/01/sarah-lacy-talks-vegas-downtown-project-on-npr/ + http://knprnews.org/post/tony-hsieh-i-was-never-downtown-projects-leader "no hard decisions were made, no confidence inspired / transpired, etc etc ... media was overwhelmingly/breathless positive and cheerful with very little doubt and questioning. ... if you start a company, you are responsible, can't expect landholding and infinite pay checks etc etc ... it is your responsibility to get to cash flow positive (see their 5 year plan)" + https://gigaom.com/2014/10/02/5-questions-for-tony-hsieh-and-the-downtown-project/
Las  Vegas  Downtown  Project  Tony  Hsieh  Start-Up  lesson  Start-Up  advice  Berlin  Start-Up  Scene  Leadership  urban  planning  urbanisation  city  living  Las  Vegas  Silicon  Valley  ecosystem  complexity  long-term  thinking  long-term  view  failure  business  failure  subsidies  subsidizing  journalism  journalismus  trust  trustagent  confidence  business  confidence  entrepreneurship  entrepreneur  entrepreneurial  Venture  Capital  Vision  cash  flow  expectations  social  entrepreneurship  capitalism 
october 2014 by asterisk2a
Andreessen: High burn rates risk more than just running out of cash | PandoDaily
Bill  Gurley  Venture  Capital  hunt  for  yield  ZIRP  NIRP  QE  negative  real  interest  rate  equity  bubble  asset  bubble  bubble  speculative  bubbles  bubbles  Silicon  Valley  burn  rate  runway  Start-Up  advice  Lean  Start-Up  Start-Up  lesson  Berlin  Start-Up  Scene  London  Scene  Europe  Start-Up  Scene  New  York  Start-Up  Scene  cost  of  living  living  standard  living  spaces  living  environment  standard  of  living  Benchmark  Capital  San  Francisco  Palo  Alto  distortion  risk  taking  centralbanks  trust  trustagent  confidence  Wall  Street  Taper  discounting  risk  discounted  risk  risk  discount  timing  business  cycle  financial  cycle  GFC  unintended  consequences  unknown  unkown  unknown  unknowns  cash  flow  business  model  monetization  monetisation  Fred  Wilson  AVC  bootstrapped  bootstrapping  growth  round  Expenditure  Fab.com  sustainability  sustainable  a16z  Marc  Andreessen  Ben  Horowitz  SF  war  for  talent  labour  economics  labour  market 
september 2014 by asterisk2a
Winter Is (Probably) Coming (Soon) | TechCrunch
"The more you boost your burn, the more risk you take on. [...] The underlying point of Gurley’s and Wilson’s respective riffs is that many companies will have to reduce their burn in the future. And it won’t be easy. And the pair likely won’t be willing to give larger sums to companies that just torched their prior round in ways that they didn’t precisely approve of. Cash is the oxygen of business. When it runs out, the company dies." ... being nimble, frugal, Lean, conservative ... via https://news.ycombinator.com/item?id=8338411
Bill  Gurley  Venture  Capital  hunt  for  yield  ZIRP  NIRP  QE  negative  real  interest  rate  equity  bubble  asset  bubble  bubble  speculative  bubbles  bubbles  Silicon  Valley  burn  rate  runway  Start-Up  advice  Lean  Start-Up  Start-Up  lesson  Berlin  Start-Up  Scene  London  Scene  Europe  Start-Up  Scene  New  York  Start-Up  Scene  cost  of  living  living  standard  living  spaces  living  environment  standard  of  living  Benchmark  Capital  San  Francisco  Palo  Alto  distortion  risk  taking  centralbanks  trust  trustagent  confidence  Wall  Street  Taper  discounting  risk  discounted  risk  risk  discount  timing  business  cycle  financial  cycle  GFC  unintended  consequences  unknown  unkown  unknown  unknowns  cash  flow  business  model  monetization  monetisation  Fred  Wilson  AVC  bootstrapped  bootstrapping  growth  round  Expenditure  Fab.com  sustainability  sustainable 
september 2014 by asterisk2a
Burn Baby Burn – AVC
From one of the comments: "f you're backing companies that have bootstrapped their start, you get a different, focussed culture & attitude on burn rates and costs. It forces you to think twice about every cost item. You're running as fast as you can to get traction, customers, product, team, everything aligned within tight costs. It's not about frugality but more aligned to reality. " +++ via https://news.ycombinator.com/item?id=8324047 +++ !!! Fancy Offices - bit.ly/1piSnxO +++ !!! +++ "Gurley and Wilson point to sky high burn rates, not valuations as the red flag in Silicon Valley [...] Gurley and Wilson are lamenting the exorbitant burn rates that have become the norm among venture-backed startups and the lack of fear and accountability signaled by this hyper-aggressive approach." - bit.ly/1m93G0M +++ !!! +++ bit.ly/YQY2WS +++ !!! +++ "Which VCs Have the Most Portfolio Companies with $100M+ of Funding?" - bit.ly/1wo7BHF
Bill  Gurley  Venture  Capital  hunt  for  yield  ZIRP  NIRP  QE  negative  real  interest  rate  equity  bubble  asset  bubble  bubble  speculative  bubbles  bubbles  Silicon  Valley  burn  rate  runway  Start-Up  advice  Lean  Start-Up  Start-Up  lesson  Berlin  Start-Up  Scene  London  Scene  Europe  Start-Up  Scene  New  York  Start-Up  Scene  cost  of  living  living  standard  living  spaces  living  environment  standard  of  living  Benchmark  Capital  San  Francisco  Palo  Alto  distortion  risk  taking  centralbanks  trust  trustagent  confidence  Wall  Street  Taper  discounting  risk  discounted  risk  risk  discount  timing  business  cycle  financial  cycle  GFC  unintended  consequences  unknown  unkown  unknown  unknowns  cash  flow  business  model  monetization  monetisation  Fred  Wilson  AVC  bootstrapped  bootstrapping  growth  round  Expenditure  Fab.com  sustainability  sustainable 
september 2014 by asterisk2a
Venture Capitalist Sounds Alarm on Silicon Valley Risk - WSJ
"Be fearful when others are greedy and greedy when others are fearful." And then you wrote: "Although we may have not reached the level of observing obvious greediness, there is most certainly an absence of fear. Those that managed companies in 2008, or 13 years ago in 2001, know exactly how fear feels. And this is not it." [...] Right now youve got private companies raising $200, $400, $500 million. If youre in a competitive ecosystem & you raise that amount of money, the only way you use it—because these companies are all human-based, theyre not like building stores—is to take your burn up. [2 things: exorbitant high burn rates like '99 & the allure of working for $ loosing companies. &the justification is 'it's Landgrab time,it's still day 1'] &living cost, employee cost &perk &rent cost in SV/SF &surroundings isnt helping either. rising cost is fuelling burn rates &valuations w/ big ABC-Rounds. Didnt we have the glorification of Lean ~3 years ago? A bubble is one WHEN IT POPS!
Bill  Gurley  Venture  Capital  hunt  for  yield  ZIRP  NIRP  QE  negative  real  interest  rate  equity  bubble  asset  bubble  bubble  speculative  bubbles  bubbles  Silicon  Valley  burn  rate  runway  Start-Up  advice  Lean  Start-Up  Start-Up  lesson  Berlin  Start-Up  Scene  London  Scene  Europe  Start-Up  Scene  New  York  Start-Up  Scene  cost  of  living  living  standard  living  spaces  living  environment  standard  of  living  Benchmark  Capital  San  Francisco  Palo  Alto  distortion  risk  taking  centralbanks  trust  trustagent  confidence  Wall  Street  Taper  discounting  risk  discounted  risk  risk  discount  timing  business  cycle  financial  cycle  GFC  unintended  consequences  unknown  unkown  unknown  unknowns  cash  flow  business  model  monetization  monetisation 
september 2014 by asterisk2a
BBC News - Cash use falls to lowest level on record
Shoppers are using less cash to buy their goods than ever before, according to a survey by the British Retail Consortium (BRC). Online sales and contactless cards are behind the 14% fall in cash use over the past five years, while debit card use has increased by 11%, the BRC said. Cash remains the most popular way to pay in terms of number of transactions. The BRC said the survey also showed banks are still levying "unjustifiably" high charges for using cards. It said the average costs to a retailer of processing a credit or charge card payment has increased by 18%, to 41 pence, in the past five years. Debit card payments, on average, cost 8.8 pence to process up 4% over the same period.
cash  transaction  transaction  cost  oligopoly  oligopol  debt  card  credit  card 
june 2014 by asterisk2a
Uber Discusses Investment at $12 Billion Valuation - WSJ.com
@Uber in talks w/ large fund managers to raise $500M round @ $12B+ valuation, sources say; possible investors incl BlackRock, General Atlantic, Technology Crossover Ventures, hedge funds; raised $307.5M to date; @howardlindzon predicts IPO in Q4 - Link
Uber  public  utility  utilities  transportation  public  transportation  marketplace  efficiencies  marketplace  plurality  marketplace  marketplace  inefficiencies  growth  round  cash  flow  hunt  for  yield 
may 2014 by asterisk2a
UK not punching its weight, says LSE chief - Ft.com - Videl
UK not punching its weight, says LSE chiefXavier Rolet tells Jeremy Grant that the UK financial services industry is under-represented in Europe.
- growth comes with jobs. jobs comes with innovation.
-eu has underexploited of innovation potential
- innovation comes from SME / SMB - but access to capital is limited. debt as capital is wrong choice
- cash is plenty ie on corporate balance sheet
- bank debt is not a proper tool as banks have limited risk assessment especially with innovation areas, corporate has more tools and insight into success of new products and sevices
- corporate cash can fund via equity exchange 
- investment tax credit scheme - less penalizing
- [[ and or a industrial bank = (bank pool resources and knowledge + corporate cash + corporate involvement (knowledge centers) + gov pro growth policy/gov pro growth supply policy change (regulation / tax scheme)) ]]
- in a debt averse world with debt overhang and deleveraging a better tool
- no gov subsidies
SME  SMB  smallbusiness  startup  start-up  liquidity  capital  cash  corporate  equity  innovation  capitalism  debt  debtoverhang  deleveraging 
august 2011 by asterisk2a
Corporate Cash Con - NYTimes.com
And now trickle-down economics — specifically, the idea that anything that increases corporate profits is good for the economy — is making a comeback.
On the face of it, this seems bizarre. Over the last two years profits have soared while unemployment has remained disastrously high. Why should anyone believe that handing even more money to corporations, no strings attached, would lead to faster job creation?the evidence strongly says that the real reason businesses are sitting on cash is lack of consumer demand. In any case, if corporations already have plenty of cash they’re not using, why would giving them a tax break that adds to this pile of cash do anything to accelerate recovery?
- indeed

Big business already has the money it needs to expand; what it lacks is a reason to expand with consumers still on the ropes and the government slashing spending.
paulkrugman  USA  recovery  recession  greatrecession  2011  corporate  cash  unemployment  GDP  assessment  balancesheet  richardkoo  lostdecade  sovereign  debt  public  private  debtoverhang 
july 2011 by asterisk2a

related tags

9flats  A  a16z  Abenomics  Abstieg  academia  accountability  accounting  acqui-hire  acquihire  acquisition  advertisement  advertising  advice  Airbnb  Alibaba  allocation  Alto  Amazon  Andreessen  Android  Angel  App  Apple  aspirational  assessment  asset  audience  austerity  AVC  AWS  balance  balancesheet  banks  Bargeld  behavioral  Ben  Benchmark  Berlin  Bezos  Bill  BlackRock  BOE  BOJ  bond  book  bootstrapped  bootstrapping  Box  Brand  Branding  bribery  BRIC  bubble  bubbles  budget  budget2015  burn  business  Button  cable  Cameron  capital  capitalism  card  Cards  Career  cash  cash-is-king  centralbanks  CEO  CFO  China  Chris  churn  city  class  commoditization  commodity  company  competitive  competitiveness  complexity  confidence  consequences  consumer  Content  convertible  copyright  corporate  corruption  cost  cow  credit  crime  crisis  Culture  currency  customer  cyber  cycle  damage  Dash  David  debasement  debt  debtoverhang  Decacorn  decade  Deezer  deficit  deflationary  deleveraging  demographic  deposit  Depression  differentiate  differentiation  discount  discounted  discounting  discretionary  disposable  distortion  distribution  distrust  DMCA  dogma  Domo  downround  Downtown  DRM  DropBox  duopoly  e-commerce  Eating  ECB  economic  economics  economy  ecosystem  efficiencies  emerging  Entertainment  entrepreneur  entrepreneurial  entrepreneurship  environment  equity  Escapeism  Europe  execution  exit  expectations  Expenditure  exuberance  Fab.com  failure  Fed  fiat  financial  fiscal  flow  FOMO  for  Francisco  Fred  freemium  Frontier  Fund  funding  fundraising  GAAP  Gaming  gap  GDP  Gear  Geldwäsche  generation  George  GFC  Google  Great  greatrecession  Greed  growth  Gurley  hacker  hacking  haircut  Hardware  HBO  headwinds  Hedge  herd  herding  history  homescreen  Horowitz  hot-money  House  household  Hsieh  hunt  Hype  ideology  income  industrial  Industry  inefficiencies  inflation  infrastructure  infringement  innovation  Intel  interest  investment  investor  investors  iPad  IPO  irrational  Is  IT  iTunes  Japan  Jeff  Jet.com  JGB  journalism  journalismus  Kindle  labour  Las  late-stage  laundering  Leadership  Lean  lesson  leverage  levy  linkedin  liquidation  liquidity  liquidity-trap  literacy  living  loan  London  long-term  lost  lostdecade  LTRO  M&A  M3  macroeconomic  management  Marc  marcandreessen  margin  marginal  Mark  market  marketplace  Markets  Marktanteile  maximisation  mechanism  Media  Micro  microeconomic  Microsoft  middle  mobile  model  monetary  monetisation  monetization  money  monopsony  Motors  multi-product  Music  Mutual  NASDAQ  negative  Netflix  New  niche  NIRP  Normal  note  of  oligopol  oligopoly  OMT  on  operation  operations  original  Osborne  output  pageviews  Palantir  Palo  Pandora  Party  paulkrugman  phablet  phone  PIGS  PIIGSFB  plan  planning  Platdorm  Platform  play  plurality  policy  Politicians  preferences  Prime  private  Pro  product  productive  productivity  profit  programming  Project  property  provider  public  pure  QE  Rakuten  rate  Rdio  real  recession  recovery  reflate  reflation  Remix  repression  retention  richardkoo  risk  ROI  round  runway  SAAS  Sacca  Salesforce  San  savings  Scene  Schwarzkasse  secular  security  Seed  sentiment  servitude  SF  shadow  share  sheet  short-term  Silicon  Silo  Slack  smallbusiness  SMB  SME  Snapchat  Snapdeal  social  society  SoftBank  Software  Soundcloud  sovereign  Sozialer  spaces  speculation  speculative  spending  Spotify  SPV  squeezed  stagnation  standard  start-up  startup  Store  strategy  Street  student  subscription  subsidies  subsidizing  Super  sustainability  sustainable  Suster  system  Tablet  taking  talent  Taper  Television  termsheet  Terror  Tesla  The  thinking  Thumbtack  Tidal  timing  TLTRO  Tony  Top  transaction  transmission  transportation  trap  trickle-down  trust  trustagent  TV  Twitter  Uber  UK  uncertainty  unconventional  underinvestment  unemployment  Unicorn  unintended  unknown  unknowns  unkown  urban  urbanisation  USA  USD  user  utilities  utility  Valley  valuation  VC  Vegas  Venture  view  Vision  wage  Wall  Wall-Mart  WallStreet  Walmart  war  western  Wilson  Workday  world  Yen  yield  York  YouTube  Zenefits  ZIRP  Zirtual  zombie 

Copy this bookmark:



description:


tags: