Biggest funding source is family and friends. You hear about startups in Silicon Valley getting venture capitalor crowdfunding money all the time. But the two combined barely make up the money given by startups’ biggest funding source: friends and family. (Infographic)
» Currently browsing: Money Talk
Number 1 on the list – San Jose-Sunnyvale-Santa Clara, CA. Do you want to make more money? It’s easy, just move to San Jose, Houston, or Washington D.C. Well, maybe it’s not really so easy. Of course there’s no guarantee that you’ll earn a bigger paycheck in these cities—but it is more likely, as they’re among the [...]
Whenever presented with a theory like Carl Jung’s theory of personality types (which Myers and Briggs formalized into a personality test) it’s important to remember that you are in possession of a unique set of neurons whose synapses fire in unique patterns that cannot easily be slotted into one of sixteen “types” from which one [...]
China has highest percentage of self-made billionaires in the world. China is second only to the U.S. in sheer numbers of billionaires, with 157 billionaires compared to 515 in the states, according to a new report on the number of super-rich around the world.
Putting a baby and a 4-year-old into a child care center cost more than the annual median rent in every single state. It is no surprise to parents that child care costs are getting costlier and costlier, according to a new report. It costs families more to put an infant in a child care center [...]
Bitcoin is an emerging digital currency that isn’t controlled by any authority such as a central bank. The world’s first Bitcoin ATM is believed to launch in Canada this week. CBC reports, Mitchell Demeter, co-founder of Vancouver bitcoin trading company Bitcoiniacs and part-owner of Robocoin, has invested in five such machines to be placed across Canada. [...]
Wall Steeters are richer and harder to find than your average New Yorker. The Office of the New York State Comptroller each year does a deep dive into Wall Street employment and compensation. The office has released its report for 2012, and as usual Wall Street salaries trounced the average New Yorker’s.
Futurist Thomas Frey: What has been the hardest problem you’ve had to solve in your life? As I step you through this question, just focus on the ones where you actually found a solution.
Bitcoin is an online virtual currency that may be exchanged for goods and services from establishments that accept them. The ministry of finance in Germany has recognized Bitcoin as a form of digital currency in the country. The four year old virtual money, Bitcoin, is now a formally recognized digital currency or “unit of account,” which can be used for private [...]
The Bureau of Labor Statistics has recently released their data on consumer expenditures for 2012. For the poor, food, clothes, and housing account for more than 60 percent of all spending. The rich have more left over for leisure, insurance, and savings.