Diego Segura
@diegosegura
designer, writer, founder. currently obsessed with monetary theory, high finance, corporate law, regretting dropping out of high school, and sudoku. author of a 2018 book, “the dropout manifesto.”
diegosegura.meDiego Segura
In effect, SVB didn’t have the technological infrastructure to handle the influx of deposits that came into it during the pandemic, nor the investment skill to manage all that new money. It took what appeared to be a safe route of investing in long-dated Treasuries but failed to recognize that in a rising interest rate environment they would lose... See more
Confessions of a Former SVB Executive
This is where so-called limits insurers come in, offering coverage to firms with annual revenues of $1 million to $20 million.
Euler Hermes, a limits underwriter, recently introduced a plan called Simplicity, aimed at helping businesses with $1 million to $5 million in sales. Another insurer, Coface, offers the International Policy, an industry... See more
Euler Hermes, a limits underwriter, recently introduced a plan called Simplicity, aimed at helping businesses with $1 million to $5 million in sales. Another insurer, Coface, offers the International Policy, an industry... See more
Paul Sullivan • Protecting Your Business, and Your Bank Account, in Case Clients Don’t Pay (Published 2016)
For example, in the US, almost 1/3 of all employees have an independent or contingent activity and are not linked to a company by a full-time working contract.
Stéphane Garelli • Why you will probably live longer than most big companies
James Daly, president and chief executive for United States operations at Euler Hermes, said that rates varied, but someone insuring $1 million in receivables through the company’s Simplicity plan could expect to pay an annual premium of around $7,000.
Paul Sullivan • Protecting Your Business, and Your Bank Account, in Case Clients Don’t Pay (Published 2016)
For Tapestry, the most important customer has been the investor, and in that way, it’s not a bad business
Coach & Kors’ Marriage of Convenience
companies that view the investor as the customer do well, companies that view the customer as the customer do insanely well — Apple, LVMH
Resolve Team • What Is Invoice Factoring and Should You Use It? | Resolve
Ultimately, Proenza’s fortunes unravelled for many of the same reasons so many of its peers are no longer in business: misallocation of funds, disagreements with investors, seismic shifts in the industry at large, and a fashion ecosystem that did a poor job of preparing young designers for the realities of entrepreneurship.
The Nine Lives of Proenza Schouler
To be clear, Buffett is the largest economic shareholder in Paramount but Shari still controls nearly 80 percent of the voting stock
Are You There, Aryeh? It’s Me, Shari…
Shari only owns 10% of the company, and that 10% first-class stock has 80% of the voting shares, which is wild. Back in the L*s M**nves days, they tried a “nuclear option” with Marty Lipton to provide a dividend to the second-class shares that didn't give money but instead granted votes, which would have the Redstone shares powerless. It never went through.