Hedge fund buys taxi mogul's foreclosed medallions at 1990s prices | Crain's New York Business
Auction reveals just how far values have fallen in the Uber age
Monday Update –September 18, 2017 | muddlaw
"As Hurricane María bears down on Puerto Rico, we should recap several important things from the past week. Judge Swain denied the PREPA bondholders’ request to lift the stay to request the appointment of a receiver. Interestingly, the Court based its decision on only one of the Board’s arguments, making it clear that Judge Swain knows who the boss in these Title III cases is."
Some Thoughts On Burn Rates
"Instinctively I feel that many of our portfolio companies, and the startup sector as a whole, operate on burn rates that are too high and are unsustainable."