Sublime
An inspiration engine for ideas
VIVEK HAS ENTERED THE CHAT
The asset management firm of @VivekGRamaswamy is launching an ETF for ownership of the convertible and fixed coupon bonds issued by LBEs like MSTR, SMLR, KULR, MARA, RIOT and more. https://t.co/r71A7rzkvW
A bond does not represent ownership, but is used by corporations and governments to borrow money. With secured bonds, the issuer pledges specific assets as collateral in exchange for cash. A mortgage bond is an example. In the event of bankruptcy, a court-appointed trustee sells the assets and uses the proceeds to repay the bondholders. Unsecured
... See moreMichael W. Preis • 101 Things I Learned® in Business School (Second Edition)
The creator of Twitter and Cash App, @Jack Dorsey just released a Bluetooth messaging app called ‘Bitchat’ that doesn't need the internet or cell service.
Within an hour, users have started sending bitcoin using the peer-to-peer encrypted mesh network. https://t.co/KeqznT7ccn
In 1997, David Bowie wanted a liquidity event. Instead of steadily receiving royalties from his 25-album music catalog throughout the next decade, Bowie decided he’d rather receive a lump-sum payment. This led to Bowie Bonds: a set of bonds backed by the royalties from Bowie’s music catalog. Notably, Bowie wasn’t selling his music indefinitely. The... See more