It’s official: Mark Cuban says he’s leaving ABC’s “Shark Tank” after more than a decade on the show. The billionaire entrepreneur and investor plans to move on after Season 16 ends in 2025, he told The Hollywood Reporter on Monday. “I just want to have a couple summers with my teens before they go off … Read more
Bupa has announced six start-ups have reached the final stage of its global talent and sustainability innovation programme, eco-Disruptive. The programme aims to find and support entrepreneurs who are pioneering solutions that can help tackle climate and health challenges. Over 1,000 global start-ups registered interest in the programme, which were then whittled down to a … Read more
In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more
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There’s a new standard for what sort of digitally-native start-ups can catch investors’ attention. Take Oddity Tech. When the company, which collects and uses consumer data to develop beauty brands like cosmetics seller Il Makiage and hair and skin care upstart Spoiled Child, went public in July, it became an immediate DTC success story, bagging … Read more
Besides diluted promoter involvement, lack of ‘real’ profit and management solidity has deterred him from investing in new age companies, says Bharat Shah Lack of promoter ‘skin in the game’ in new age companies does not inspire confidence to invest in new age companies, said veteran investor and executive director of ASK Investment Managers, Bharat … Read more