Equity

Rate hikes spook the market, but equity investors focus on the wrong rate

Rate hikes spook the market, but equity investors focus on the wrong rate

The stock market was spooked by rising interest rates. Let’s think carefully, from a value investing perspective, about these fears. Warren Buffett has argued that investors should think of stocks as “bonds in disguise,” in that stocks pay dividends, analogous to coupons paid by bonds, and can be valued the same way. Bonds are regularly …

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Falling stocks and bonds jeopardize technology, the dollar and private equity

Falling stocks and bonds jeopardize technology, the dollar and private equity

Text size Japan had to step in to support the decline of the yen for the first time since 1998, even as it tries to keep interest rates low. Akio Ko/Bloomberg The world has been addicted to cheap money for years. Now we see what the withdrawal looks like. The lifting of interest rates from …

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Ledgy, a Carta for European Startups to Manage Equity and Cap Tables, Raises $22M from NEA, Sequoia and More

Ledgy, a Carta for European Startups to Manage Equity and Cap Tables, Raises $22M from NEA, Sequoia and More

Managing cap and equity tables in high-growth companies can be a complicated (and sometimes messy) business, a fact that founders and employees often discover too late. This has given rise to a wave of companies creating software to help, and today a European leader in this pack announces funding to fuel its own growth. Ledgy, …

Ledgy, a Carta for European Startups to Manage Equity and Cap Tables, Raises $22M from NEA, Sequoia and More Read More »