These are some insane numbers to think about: (nearly) all 3 of the firms who invested in Twitter early on will make 2x their entire FUND in returns on the Twitter IPO. Talk about a bet paying off big time. Comment on this post and others you love. Finally, comments on Tumblr posts! Learn how. Posted by Patrick Hannigan.
Public Figures to Private Equity
Twitter stock surged through the gates and made some millionaires even richer today, but to the average person like me and you, what is Twitter’s real value?
New Technology to Watch as phones and audio devices expand into the watch world.
The Galaxy Gear smartwatch, with a 1.67-inch OLED display, serves as a watch, a pedometer, a voice recorder, and a 2-megapixel camera/camcorder. When paired with the Note 3 via Bluetooth 4.0, this wrist-strapped device can make and take phone calls, send and receive text messages, and access Samsung’s Siri-like S-Voice assistant to make appointments, dictate messages, and more.
The Note 3 offers significant improvements over its successor: a larger, higher-definition display; a faster processor; a higher-capacity battery; and all of the advanced wireless sharing and gesture controls available on the Galaxy S 4.
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Not a day goes by without a story in the MSM by some industry shill like Daniel Yergen about the imminent energy independence of the Great American Empire. Shale oil and gas will revolutionize the American energy prospects. We have hundreds of years of oil and gas under our feet. We will be a net exporter in the next few years. A glorious future awaits. Politicians tout the billions of barrels to be extracted from Bakken, Eagle Ford and the hundreds of untapped shale formations across the country. Wall Street puts out glowing investment analysis papers promoting the latest IPO. There’s just one little problem. It’s all hype.
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We have been following KKR's on going investment crusade in Asia. As part of their $6 billion dollar asian fund, the New York based firm has been investing all over the region. There is speculation that much of KKR's foreign investments are guided by its Global Institute.
Some of the countries they have so far invested in this year include Indonesia, Malaysia, Vietnam, China and Japan.
Now the firm is likely to announce in the coming weeks a major investment into India's Gland Pharmaceuticals. This deal would be worth around $150 million and would be the second sizable India investment in six months. In April KKR bought a controlling stake in India's Alliance Tire Group from Warburg Pincus LLC for what sources estimate to be around $500 million.
Gland Pharma was started in 1978 and makes active pharmaceutical ingredients and formulations for a number of different injections.
Investments have been falling in India. Compared to this time last year the amount of private equity investments has dropped 67%.
This is a review of the weeks news in the financial market as well as tips for investing and managing your financial assets.
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