Posts Tagged: Investment

Fraudulent Pre-IPO Stock

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Fraudster, Shamoon Rafiq, pleaded guilty to conspiracy to commit securities and wire fraud after a scheme to sell fake pre-IPO equity in Airbnb. Questions: Source: Goswami, R. (2024). Fraudster who peddled fake pre-IPO Airbnb stock falsely claimed to represent Egypt’s Mansour family. CNBC.com, Feb. 27 (Retrievable online at https://www.cnbc.com/2024/02/27/fraudster-impersonated-mansour-family-to-peddle-fake-airbnb-equity.html)

Harvard Business School Graduate Levies Ponzi Scheme Aimed at Alums

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According to CNBC, Harvard Business School graduate, Vladimir Artamonov lured fellow alumni into a Ponzi investment scheme. Questions: Source: Nova, A. (2024) Harvard Business School grad’s Ponzi scheme swindled alums out of $2.9 million, New York attorney general says. CNBC.com, Feb. 29 (Retrievable online at https://www.cnbc.com/2024/02/29/harvard-business-school-grad-allegedly-swindled-alums-with-ponzi-scheme.html)

Tesla Invests in BitCoin

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According to the Washington Post and an SEC report, Tesla has invested  $1.5 billion in bitcoin and plans to start accepting the cryptocurrency as payment in the near future. Questions: As a result of Tesla’s announcement, what happened to the price of bitcoins? Alternatively, did Tesla show as much movement? How does the price of… Read more »

The Best Eggs That Silicon Valley Money Can Buy

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According to The Washington Post, Silicon Valley elites are becoming part of the nation’s preeminent local food movement, by owning egg-laying chickens. Having chickens is now on par with driving a Tesla! Questions: 1. What was the most interesting cost that you read about regarding Silicon Valley chickens and all their amenities? 2. What did… Read more »

Litigation Finance

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This article discusses the trend of litigation finance, where individuals and companies are turning to private companies to front the money for legal costs in expensive litigation. Despite having in-house counsel, even larger companies are selling off pieces of lawsuits to improve cash flow and reduce risk. Questions: 1. Between 2013 and 2014, how much… Read more »

Coinstar and Self-Service Retailing

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Coinstar is a company that was founded just over two decades ago by Jens Molbak, who as a Stanford University graduate student, realized there wasn’t an easy way to spend the spare change piled up in a jar on top of his dresser. Since that time the company has become known for its Redbox kiosks,… Read more »

How to “Regroup” During a Recession

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Chris Mittelstaedt, owner of The FruitGuys, has turned his local business into a national operation by changing strategy during the recession through investment in technology and the restructuring of his operations. Required: 1.  Based on the video, what were some of the things that Chris did to cut costs?  What disaster almost bankrupted his company?… Read more »