Posts Tagged ‘Make Money Online’
Bump Technologies makes an app that lets people bump their phones together to exchange things like business cards, photos and even money.
On Tuesday, Bump will announce that it has raised $16.5 million in venture capital. The firm Andreessen Horowitz is Bump’s newest investor, and its previous investors, including Sequoia Capital and Ron Conway, also contributed…..Read Full Story
This article is designed to help journalists learn how to make extra money, or even a full-time wage, by publishing independently online. It is not intended to provide an online revenue model for established news organizations. Heck, they’ve got business managers. They shouldn’t need a wiki to show them what to do….Read more
Fifteen billion smackers: That’s the value Microsoft recently slapped on Facebook when the computer giant invested $240 million for a 1.6% stake in Mark Zuckerberg’s online social-networking site.
You could seethe with envy — or you could chase your own fortune on the Web.
Some online businesses require only a few hundred dollars in equipment, while others demand significant hardware and perhaps even a warehouse. Some might make you rich; others might just cover beer money. And all involve various levels of time, capital and technological skill….Full story here
Internet search giant Google Inc. yesterday said in a regulatory filing that it spent $1.6 billion in 40 acquisitions in the first nine months of 2010. “In August 2010, we completed the acquisition of Slide, Inc. (Slide), a privately-held social technology company for a cash consideration of $179 million,” Google revealed in a regulatory SEC filing.
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By Sam Diaz | September 29, 2010, 4:00am PDT
Mr. John Paulson, bet that the housing market would collapse and risky mortgages would tumble in value. The moves put the fund manager from Queens, N.Y., alongside Warren Buffett, George Soros, and Bernard Baruch in Wall Street’s pantheon of traders. And as one rival fund manager later would say, with equal parts envy and respect, “Paulson’s not even a housing or mortgage guy…. Until this trade, he was run-of-the-mill, nothing special.”
Mr. Paulson’s tally for 2007 was nearly $4 billion. It was the largest one-year payout in the history of the financial markets. The next year, he made another $5 billion for his firm by betting against financial companies with exposure to housing.
As Mr. Paulson and others at his office discussed how much was being spent by the United States and other nations to rescue areas of the economy crippled by the financial collapse, he discovered his next targets, certain they were as doomed to collapse as sub prime mortgages once had been: the U.S. dollar and other major currencies.
Mr. Paulson calculated the supply of dollars had expanded by 120% over several months. That surely would lead to a drop in its value, and an eventual surge in inflation. “What’s the only asset that will hold value? It’s got to be gold,” Mr. Paulson argued.
“Three or four years from now, people will ask why they didn’t buy gold earlier,” Mr. Paulson said.
Paulson is starting a new gold hedge fund. It will open on January 1, 2010 and Paulson will put up to $250 million of his own money into the fund, Zuckerman reported on The Wall Street Journal Online. He purchased billions of dollars of gold investments. Betting against the dollar would be his new trade.
Every quarter, hedge fund managers are required to file a 13F with the SEC detailing their holdings. It reveals that of the $20.5 billion in securities held by Paulson’s hedge fund, $5.8 billion are in gold and gold equities. 30% of Paulson’s $20 billion in securities is in gold.
We are not advising to rush out and buy gold. But it is time to start putting together a plan for accumulating it when the market gives you an opportunity. When it does, it won’t last long and you want to be ready. We sure will be.