Perseverance: From running out of money to an IPO - StubHub comes back strong
In the post-Covid drive for live events, ticket platforms are jumping at the opportune market time
Read more...It's nasty times out there, we know. Investors lost $1.1 trillion in U.S. stock market value on Wednesday, the second day in history they lost more than $1 trillion. We are living through the worst financial crisis of our lifetime. From cratering stock-market wealth to tightening credit to people running into caves. It's not a pretty picture. But there's nothing like finding some humor in all of this mess. I particularly liked this document that Jason Nazar, founder of Docstoc.com, sent to me.
It's a PPT that shows how the entire Silicon Valley/Web 2.0 ecosystem revolves around Google. It's pretty good timing for this document to come out, as Google after the close Thursday reported its quarterly results for the third quarter. Shares of Google jumped 7% in after-hours trading.
Here's the document.
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
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