Uber, the fast-growing app-based car service, is becoming increasingly popular across the country and the world. Because of its critical mass, Uber is now a legitimate competitor to traditional taxi operators – competing on both price and service. But like a teenager, Uber is realizing that growing up fast can be a bit complicated. Going …
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Fans of fantasy sports who want to turn their fandom into real life may now have the chance. Sort of. Fantex, an investment company and trading platform, now offers the opportunity to invest in the future earnings of athletes.1 Here’s how it works: an athlete registers with Fantex for an Initial Public Offering (I.P.O.), where …
Private equity firms usually have money on the mind. They aim to make money for their investors by buying companies and selling them at a profit, while pocketing management and performance fees for themselves. In the competitive world of Wall Street, performance is critical – but for some of the biggest private equity funds in …