Why investor Roger McNamee says the latest Facebook lawsuit could be ‘huge’

Why investor Roger McNamee says the latest Facebook lawsuit could be ‘huge’3 Hours AgoRoger McNamee, early Facebook investor and author of “Zucked”, discusses the latest privacy scandal for the social media company with CNBC’s “Squawk Alley”.


Why investor Roger McNamee says the latest Facebook lawsuit could be ‘huge’3 Hours AgoRoger McNamee, early Facebook investor and author of “Zucked”, discusses the latest privacy scandal for the social media company with CNBC’s “Squawk Alley”.
Why investor Roger McNamee says the latest Facebook lawsuit could be ‘huge’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-16
Keywords: news, cnbc, companies, zucked, squawk, lawsuit, latest, huge, facebook, mcnamee, roger, social, investor, scandal, privacy


Why investor Roger McNamee says the latest Facebook lawsuit could be 'huge'

Why investor Roger McNamee says the latest Facebook lawsuit could be ‘huge’

3 Hours Ago

Roger McNamee, early Facebook investor and author of “Zucked”, discusses the latest privacy scandal for the social media company with CNBC’s “Squawk Alley”.


Company: cnbc, Activity: cnbc, Date: 2019-08-16
Keywords: news, cnbc, companies, zucked, squawk, lawsuit, latest, huge, facebook, mcnamee, roger, social, investor, scandal, privacy


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Ray Dalio reveals the ‘most important thing you need to do’ to be a successful investor

If you are going to take investing advice from anybody, Ray Dalio is a good bet. Dalio founded investment firm Bridgewater Associates out of his two-bedroom apartment in New York City in 1975. According to Dalio, “diversifying well is the most important thing you need to do in order to invest well,” he wrote on LinkedIn on Monday. By diversifying, Dalio means spreading out your money into different kinds of investments, such as stocks, bonds, commodities, real estate, etc. Diversification is imp


If you are going to take investing advice from anybody, Ray Dalio is a good bet. Dalio founded investment firm Bridgewater Associates out of his two-bedroom apartment in New York City in 1975. According to Dalio, “diversifying well is the most important thing you need to do in order to invest well,” he wrote on LinkedIn on Monday. By diversifying, Dalio means spreading out your money into different kinds of investments, such as stocks, bonds, commodities, real estate, etc. Diversification is imp
Ray Dalio reveals the ‘most important thing you need to do’ to be a successful investor Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-14  Authors: catherine clifford
Keywords: news, cnbc, companies, money, ray, linkedin, wrote, investment, stocks, hard, reveals, thing, successful, important, portfolio, investor, dalio, bonds, need


Ray Dalio reveals the 'most important thing you need to do' to be a successful investor

If you are going to take investing advice from anybody, Ray Dalio is a good bet.

Dalio founded investment firm Bridgewater Associates out of his two-bedroom apartment in New York City in 1975. Currently, Bridgewater Associates has $160 billion in assets under management, making it the largest hedge fund in the world.

According to Dalio, “diversifying well is the most important thing you need to do in order to invest well,” he wrote on LinkedIn on Monday.

By diversifying, Dalio means spreading out your money into different kinds of investments, such as stocks, bonds, commodities, real estate, etc.

Dalio said in the 2016 book “Money Master the Game: 7 Simple Steps to Financial Freedom” by Tony Robbins that a well-diversified portfolio might include 30 percent allocated to stocks, 40 percent to long-term U.S. bonds, 15 percent to intermediate U.S. bonds, 7.5 percent to gold and 7.5 percent to other commodities. A typical portfolio split of half stocks and half bonds is not really diversified, according to Dalio.

Diversification is important because there is so much you don’t know when you are putting your money in an investment, Dalio said in his LinkedIn post.

“It’s very hard to make money in the markets for the same reason that it’s hard to make winning bets at the racetrack: because the unknowns are so large in relation to what is ‘discounted’ or ‘priced in,'” Dalio wrote.


Company: cnbc, Activity: cnbc, Date: 2019-08-14  Authors: catherine clifford
Keywords: news, cnbc, companies, money, ray, linkedin, wrote, investment, stocks, hard, reveals, thing, successful, important, portfolio, investor, dalio, bonds, need


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Why activist investor Carl Icahn is taking a big stake in 11-year-old ‘big data’ company Cloudera

The latest target of Carl Icahn, an investor famous for his activist-takeover campaigns, is Cloudera, a troubled enterprise-software company that recently combined with its biggest rival. Icahn has taken aim at a company that’s not nearly as richly valued as other technology names. Cloudera shares rose after Icahn’s position in Cloudera became public on Aug. 1. On Monday the company said that as a result of an agreement with Icahn, two employees of Icahn Enterprises, Nicholas Graziano and Jesse


The latest target of Carl Icahn, an investor famous for his activist-takeover campaigns, is Cloudera, a troubled enterprise-software company that recently combined with its biggest rival. Icahn has taken aim at a company that’s not nearly as richly valued as other technology names. Cloudera shares rose after Icahn’s position in Cloudera became public on Aug. 1. On Monday the company said that as a result of an agreement with Icahn, two employees of Icahn Enterprises, Nicholas Graziano and Jesse
Why activist investor Carl Icahn is taking a big stake in 11-year-old ‘big data’ company Cloudera Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-13  Authors: jordan novet
Keywords: news, cnbc, companies, companies, investor, clouderas, cap, market, big, data, activist, shares, stake, carl, comment, public, icahn, taking, cloudera, company


Why activist investor Carl Icahn is taking a big stake in 11-year-old 'big data' company Cloudera

The latest target of Carl Icahn, an investor famous for his activist-takeover campaigns, is Cloudera, a troubled enterprise-software company that recently combined with its biggest rival.

Icahn has taken aim at a company that’s not nearly as richly valued as other technology names. Cloudera’s market cap is less than $2 billion, and it had a price-to-sales multiple of 2.6 for its current fiscal year, according to Refinitiv, while comparable small-cap enterprise software companies MongoDB and Twilio boast multiples of 16.4 and 14.5 respectively.

Cloudera is available at a discount for a few reasons: The person who took it public has left, and big cloud companies like Amazon are picking up business on Cloudera’s turf.

Cloudera shares rose after Icahn’s position in Cloudera became public on Aug. 1. “The Reporting Persons acquired their positions in the Shares in the belief that the Shares were undervalued,” Icahn and Co. wrote in the regulatory filing revealing the ownership stake.

On Monday the company said that as a result of an agreement with Icahn, two employees of Icahn Enterprises, Nicholas Graziano and Jesse Lynn, will join Cloudera’s board. Icahn and his affiliates now own more than 18% of the company, whose market cap is below $2 billion.

Cloudera declined comment. Icahn could not immediately be reached for comment.


Company: cnbc, Activity: cnbc, Date: 2019-08-13  Authors: jordan novet
Keywords: news, cnbc, companies, companies, investor, clouderas, cap, market, big, data, activist, shares, stake, carl, comment, public, icahn, taking, cloudera, company


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Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest

Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest23 Hours AgoSat Duhra of Janus Henderson Investors says Hong Kong’s protests are becoming a “stronger” concern, but the U.S.-China trade war, Brexit and Fed policy are still “way ahead” in terms of global issues he worries about.


Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest23 Hours AgoSat Duhra of Janus Henderson Investors says Hong Kong’s protests are becoming a “stronger” concern, but the U.S.-China trade war, Brexit and Fed policy are still “way ahead” in terms of global issues he worries about.
Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-13
Keywords: news, cnbc, companies, investor, way, kongs, im, terms, stronger, uschina, fairly, concerned, worries, war, unrest23, trade, hong, unrest


Investor: I'm 'fairly concerned' about Hong Kong's unrest

Investor: I’m ‘fairly concerned’ about Hong Kong’s unrest

23 Hours Ago

Sat Duhra of Janus Henderson Investors says Hong Kong’s protests are becoming a “stronger” concern, but the U.S.-China trade war, Brexit and Fed policy are still “way ahead” in terms of global issues he worries about.


Company: cnbc, Activity: cnbc, Date: 2019-08-13
Keywords: news, cnbc, companies, investor, way, kongs, im, terms, stronger, uschina, fairly, concerned, worries, war, unrest23, trade, hong, unrest


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Major Asia Pacific markets higher; trade war concerns dampen investor sentiment

Major markets in Asia Pacific closed higher on Monday, following a volatile week for global markets as growing trade war fears dented investor sentiment. Mainland Chinese markets bounced back from the previous week’s losses to close higher Monday. Markets in rest of the region rose, with major indexes in Japan, India and Singapore closed for public holidays. Major miners struggled for gains: Rio Tinto shares tumbled 2.75%, BHP shares were down 0.75% and Fortescue dropped 3.99%. “A risk-off tone


Major markets in Asia Pacific closed higher on Monday, following a volatile week for global markets as growing trade war fears dented investor sentiment. Mainland Chinese markets bounced back from the previous week’s losses to close higher Monday. Markets in rest of the region rose, with major indexes in Japan, India and Singapore closed for public holidays. Major miners struggled for gains: Rio Tinto shares tumbled 2.75%, BHP shares were down 0.75% and Fortescue dropped 3.99%. “A risk-off tone
Major Asia Pacific markets higher; trade war concerns dampen investor sentiment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: weizhen tan saheli roy choudhury, weizhen tan, saheli roy choudhury
Keywords: news, cnbc, companies, pacific, concerns, sentiment, trade, major, higher, war, losses, week, markets, tumbled, close, shares, hong, investor, dampen


Major Asia Pacific markets higher; trade war concerns dampen investor sentiment

Major markets in Asia Pacific closed higher on Monday, following a volatile week for global markets as growing trade war fears dented investor sentiment.

Mainland Chinese markets bounced back from the previous week’s losses to close higher Monday. The Shanghai composite traded up 1.45% to close at 2,814.99 while the Shenzhen composite added 1.92% to 1,508.21. Hong Kong’s Hang Seng index was fractionally higher at 25,962.42 as of 3:15 p.m. HK/SIN.

But, shares of Hong Kong flag carrier Cathay Pacific tumbled more than 4% as of 3:15 p.m. HK/SIN after it suspended a pilot for his involvement in the ongoing anti-government protests in the city. The carrier said “overly radical” staff would be barred from crewing flights to the mainland. Cathay’s decision came a day after China’s aviation authority issued a “major aviation safety risk warning” to the airline.

Unrest in Hong Kong continued into its 10th week, with police and protesters clashing on Sunday.

Markets in rest of the region rose, with major indexes in Japan, India and Singapore closed for public holidays.

Australia’s benchmark S&P/ASX 200 retraced some of its early losses to climb marginally higher to 6,590.30. Major miners struggled for gains: Rio Tinto shares tumbled 2.75%, BHP shares were down 0.75% and Fortescue dropped 3.99%.

In South Korea, the Kospi clawed back losses to rise 0.23% to close at 1,942,29.

Overall, MSCI’s broadest index of Asia-Pacific shares outside Japan was almost flat.

“Trade tensions continued to drive financial market moves going into the end of the week, with markets very sensitive to reports on the US-China relationship,” Jack Chambers from ANZ Research wrote in a Monday morning note. “A risk-off tone hit the markets as President Trump warned that talks scheduled for next month may not take place.”


Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: weizhen tan saheli roy choudhury, weizhen tan, saheli roy choudhury
Keywords: news, cnbc, companies, pacific, concerns, sentiment, trade, major, higher, war, losses, week, markets, tumbled, close, shares, hong, investor, dampen


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Major Asia Pacific markets higher; trade war concerns dampen investor sentiment

Major markets in Asia Pacific closed higher on Monday, following a volatile week for global markets as growing trade war fears dented investor sentiment. Mainland Chinese markets bounced back from the previous week’s losses to close higher Monday. Markets in rest of the region rose, with major indexes in Japan, India and Singapore closed for public holidays. Major miners struggled for gains: Rio Tinto shares tumbled 2.75%, BHP shares were down 0.75% and Fortescue dropped 3.99%. “A risk-off tone


Major markets in Asia Pacific closed higher on Monday, following a volatile week for global markets as growing trade war fears dented investor sentiment. Mainland Chinese markets bounced back from the previous week’s losses to close higher Monday. Markets in rest of the region rose, with major indexes in Japan, India and Singapore closed for public holidays. Major miners struggled for gains: Rio Tinto shares tumbled 2.75%, BHP shares were down 0.75% and Fortescue dropped 3.99%. “A risk-off tone
Major Asia Pacific markets higher; trade war concerns dampen investor sentiment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: weizhen tan saheli roy choudhury, weizhen tan, saheli roy choudhury
Keywords: news, cnbc, companies, dampen, close, investor, markets, pacific, higher, tumbled, week, shares, concerns, trade, war, losses, sentiment, hong, major


Major Asia Pacific markets higher; trade war concerns dampen investor sentiment

Major markets in Asia Pacific closed higher on Monday, following a volatile week for global markets as growing trade war fears dented investor sentiment.

Mainland Chinese markets bounced back from the previous week’s losses to close higher Monday. The Shanghai composite traded up 1.45% to close at 2,814.99 while the Shenzhen composite added 1.92% to 1,508.21. Hong Kong’s Hang Seng index was fractionally higher at 25,962.42 as of 3:15 p.m. HK/SIN.

But, shares of Hong Kong flag carrier Cathay Pacific tumbled more than 4% as of 3:15 p.m. HK/SIN after it suspended a pilot for his involvement in the ongoing anti-government protests in the city. The carrier said “overly radical” staff would be barred from crewing flights to the mainland. Cathay’s decision came a day after China’s aviation authority issued a “major aviation safety risk warning” to the airline.

Unrest in Hong Kong continued into its 10th week, with police and protesters clashing on Sunday.

Markets in rest of the region rose, with major indexes in Japan, India and Singapore closed for public holidays.

Australia’s benchmark S&P/ASX 200 retraced some of its early losses to climb marginally higher to 6,590.30. Major miners struggled for gains: Rio Tinto shares tumbled 2.75%, BHP shares were down 0.75% and Fortescue dropped 3.99%.

In South Korea, the Kospi clawed back losses to rise 0.23% to close at 1,942,29.

Overall, MSCI’s broadest index of Asia-Pacific shares outside Japan was almost flat.

“Trade tensions continued to drive financial market moves going into the end of the week, with markets very sensitive to reports on the US-China relationship,” Jack Chambers from ANZ Research wrote in a Monday morning note. “A risk-off tone hit the markets as President Trump warned that talks scheduled for next month may not take place.”


Company: cnbc, Activity: cnbc, Date: 2019-08-12  Authors: weizhen tan saheli roy choudhury, weizhen tan, saheli roy choudhury
Keywords: news, cnbc, companies, dampen, close, investor, markets, pacific, higher, tumbled, week, shares, concerns, trade, war, losses, sentiment, hong, major


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Saudi Aramco IPO could be back on front burner, as company plans first ever investor call

The success of Saudi Aramco’s debt offering has given Saudi officials confidence that they can bring their IPO to market sometime in 2020, sources familiar with their thinking said. Saudi Aramco’s board was meeting with bankers in Boston this week, and the IPO of the world’s biggest oil company was on the agenda. Recently, Saudi energy minister Khalid Al-Falih said Aramco would likely go public in 2020, 2021. Saudi Aramco issued $12 billion in bonds in April in an offering that saw sky-high dema


The success of Saudi Aramco’s debt offering has given Saudi officials confidence that they can bring their IPO to market sometime in 2020, sources familiar with their thinking said. Saudi Aramco’s board was meeting with bankers in Boston this week, and the IPO of the world’s biggest oil company was on the agenda. Recently, Saudi energy minister Khalid Al-Falih said Aramco would likely go public in 2020, 2021. Saudi Aramco issued $12 billion in bonds in April in an offering that saw sky-high dema
Saudi Aramco IPO could be back on front burner, as company plans first ever investor call Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-08  Authors: patti domm
Keywords: news, cnbc, companies, prince, investor, aramco, oil, offering, saudi, burner, market, ipo, plans, company, prices, source


Saudi Aramco IPO could be back on front burner, as company plans first ever investor call

The success of Saudi Aramco’s debt offering has given Saudi officials confidence that they can bring their IPO to market sometime in 2020, sources familiar with their thinking said.

Saudi Aramco’s board was meeting with bankers in Boston this week, and the IPO of the world’s biggest oil company was on the agenda. Recently, Saudi energy minister Khalid Al-Falih said Aramco would likely go public in 2020, 2021. One source suggested the company is trying to move the timeline forward, with an announcement in the fall and the offering of a small percentage of Aramco next year.

Aramco is expected to hold an investor call Monday, its first ever following its board meeting. It is expected bond investors will be on the call, and it is not clear which company officials will speak and what they will say about the stock offering, or whether they will take questions.

Saudi Arabia’s Crown Prince Mohammed bin Salman had planned the public offering of Aramco to be the cornerstone of his vision to transform the kingdom from an oil producer to a more diversified economy. But it was put off previously, and Aramco reached a $69.1 billion deal to purchase a majority stake in petrochemicals firm Sabic from the kingdom’s sovereign wealth fund, boosting the fund’s buying power and ability to diversify holdings.

MBS, as the crown prince is known, is seeking a $2 trillion valuation for Saudi Aramco, but there still seems to be a gap between what the prince would like to see and what bankers view as a reasonable market price, given the wild cards of oil prices, stock prices and the global economy. The bankers’ valuations average around $1.5 trillion, one source said.

“It’s going to be a lot harder job to get there, especially since going into 2020 doesn’t look fantastic for oil prices,” said one source. But the company may show strong cash flow to help make its case.

“It’s clear the 10 fold over-subscription for the debt gave a giant burst of confidence to doing an IPO,” said one source. “But there’s a big difference between a debt offering and reporting quarterly performance to shareholders around the world.”

Saudi Aramco issued $12 billion in bonds in April in an offering that saw sky-high demand of $100 billion.

A report that Saudi Arabia called other producers to discuss how to support oil prices helped kick up crude prices Thursday after its steep decline. Brent futures were trading at $57.47 per barrel, and it is down 11.7% month-to-date. One source dismissed that report as unlikely, based on the fact that OPEC is currently producing about 2 million barrels a day beneath its quota and cutting further would be futile.

Saudi Arabia earlier announced that demand for its oil was improved, with a 700,000 barrel per day increase in customer request for supply for September, over August.

“Obviously, it’s the latest round of verbal intervention by the Saudis to try to push back against the narrative that the demand growth outlook is cratering for the oil market,” said John Kilduff of Again Capital.


Company: cnbc, Activity: cnbc, Date: 2019-08-08  Authors: patti domm
Keywords: news, cnbc, companies, prince, investor, aramco, oil, offering, saudi, burner, market, ipo, plans, company, prices, source


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Steve Eisman says Hong Kong protests are his biggest worry with economy, a possible ‘black swan’

His biggest worry however is the Hong Kong protests, which he says could endanger any kind of trade deal with China and hurt the global economy. “I think the potential black swan, if there is a black swan right now, is what’s happening in Hong Kong right now,” said Eisman on CNBC’s Power Lunch. “If things escalate even further in Hong Kong, that would have a real impact back on the global economy.” The managing director and senior portfolio manager at Neuberger Berman said the protests in Hong K


His biggest worry however is the Hong Kong protests, which he says could endanger any kind of trade deal with China and hurt the global economy. “I think the potential black swan, if there is a black swan right now, is what’s happening in Hong Kong right now,” said Eisman on CNBC’s Power Lunch. “If things escalate even further in Hong Kong, that would have a real impact back on the global economy.” The managing director and senior portfolio manager at Neuberger Berman said the protests in Hong K
Steve Eisman says Hong Kong protests are his biggest worry with economy, a possible ‘black swan’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-08  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, protests, black, hong, investor, global, steve, right, eisman, worry, possible, kong, trade, china, swan, economy, financial


Steve Eisman says Hong Kong protests are his biggest worry with economy, a possible 'black swan'

Steve Eisman, the investor of “Big Short” fame, is not worried about the American financial system saying it is sound and that there is little risk of a systemic crisis like the one he effectively bet against more than a decade ago.

His biggest worry however is the Hong Kong protests, which he says could endanger any kind of trade deal with China and hurt the global economy.

“I think the potential black swan, if there is a black swan right now, is what’s happening in Hong Kong right now,” said Eisman on CNBC’s Power Lunch. “If things escalate even further in Hong Kong, that would have a real impact back on the global economy.”

Hundreds of thousands of protesters have taken to Hong Kong’s streets since early June, due to opposition to a now-suspended extradition law that would have allowed people in the city to be extradited to Mainland China. These protests demonstrate the large discontent the people have for the city’s government. The proposal, which is suspended but not fully withdrawn, mark the people of Hong Kong’s call for full democracy.

Black Swan events are difficult to predict and particularly damaging because of that. The financial crisis is considered one of those events.

The managing director and senior portfolio manager at Neuberger Berman said the protests in Hong Kong “seem to be escalating.”

“The people who are protesting are not backing down, the Chinese government doesn’t seem to be backing down, so if cooler heads don’t prevail it’s possible things in Hong Kong could get very ugly.”

Eisman said conflict in Hong Kong could impact the trade war between the U.S. and China and could ripple through the global markets.

“That is not going to be a positive in terms of negotiating a trade deal between the United States and China, its not going to be a positive at all for the global markets,” said Eisman.

The U.S. and China have been tied up in trade negotiations for over a year. Since the Chinese trade officials reneged on a nearly finished trade deal in May, the U.S. and China have engaged in a tariff fight and more recently a currency war, causing the markets to have their worst day of the year on Monday, weighing on investor and business sentiment.

“That’s actually what I’m worried about the most right now, because every weekend we’ve got this drama where the people of Hong Kong are having protests in the millions and its starting to get very violent,” said Eisman.

Eisman an investor known for predicting the financial crisis as depicted in “The Big Short” book and movie. He is currently betting again shares of Zillow.


Company: cnbc, Activity: cnbc, Date: 2019-08-08  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, protests, black, hong, investor, global, steve, right, eisman, worry, possible, kong, trade, china, swan, economy, financial


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There’s a major mistake most aspiring entrepreneurs make, start-up investor warns

But building a business — no matter how big or small — is a difficult process, riddled with challenges and unpredictability. Yet, there is one stumbling block you can avoid right from the outset — and it’s one many founders miss, according to investor Sebastien Eckersley-Maslin. “Understand the problem you’re solving,” says Eckersley-Maslin, himself an entrepreneur and founder of Australian start-up accelerator BlueChilli. “Most people come up with a solution first, without thinking through the


But building a business — no matter how big or small — is a difficult process, riddled with challenges and unpredictability. Yet, there is one stumbling block you can avoid right from the outset — and it’s one many founders miss, according to investor Sebastien Eckersley-Maslin. “Understand the problem you’re solving,” says Eckersley-Maslin, himself an entrepreneur and founder of Australian start-up accelerator BlueChilli. “Most people come up with a solution first, without thinking through the
There’s a major mistake most aspiring entrepreneurs make, start-up investor warns Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: karen gilchrist
Keywords: news, cnbc, companies, poor, major, market, love, investor, need, mistake, warns, problem, aspiring, entrepreneurs, bluechilli, founder, idea, startup, eckersleymaslin, theres


There's a major mistake most aspiring entrepreneurs make, start-up investor warns

Many of us would love to found the next billion-dollar start-up. But building a business — no matter how big or small — is a difficult process, riddled with challenges and unpredictability. Yet, there is one stumbling block you can avoid right from the outset — and it’s one many founders miss, according to investor Sebastien Eckersley-Maslin. “Understand the problem you’re solving,” says Eckersley-Maslin, himself an entrepreneur and founder of Australian start-up accelerator BlueChilli. It may sound obvious, Eckersley-Maslin recently told CNBC Make It, but you’d be amazed how many people overlook it.

Maskot | Getty Images

Too often, he said, would-be entrepreneurs come up with an idea they think customers will love, only to find it meets no need — or misses the need altogether. “Most people come up with a solution first, without thinking through the problem,” noted Eckersley-Maslin. That’s troubling given that failure to solve a problem — otherwise known as poor market fit — ranked as the top start-up killer, ending 42% of businesses, according to a 2018 study by investment research firm CB Insights. Other common reasons included insufficient funding, a lack of suitable talent, market competition and poor timing. Yet that potential issue can be overcome by validating your idea early on, said Eckersley-Maslin.

Sebastien Eckersley-Maslin, founder and CEO of Australian start-up accelerator BlueChilli. BlueChilli


Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: karen gilchrist
Keywords: news, cnbc, companies, poor, major, market, love, investor, need, mistake, warns, problem, aspiring, entrepreneurs, bluechilli, founder, idea, startup, eckersleymaslin, theres


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This early Pinterest investor explains why the company’s big quarter

This early Pinterest investor explains why the company’s big quarter3:44 PM ET Fri, 2 Aug 2019Rick Heitzman of FirstMark, an early investor in Pinterest, joins CNBC’s “Power Lunch” team to discuss why Pinterest is having its best trading day since its IPO.


This early Pinterest investor explains why the company’s big quarter3:44 PM ET Fri, 2 Aug 2019Rick Heitzman of FirstMark, an early investor in Pinterest, joins CNBC’s “Power Lunch” team to discuss why Pinterest is having its best trading day since its IPO.
This early Pinterest investor explains why the company’s big quarter Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-02
Keywords: news, cnbc, companies, big, trading, team, joins, investor, ipo, power, pinterest, lunch, explains, companys, early, quarter, quarter344


This early Pinterest investor explains why the company's big quarter

This early Pinterest investor explains why the company’s big quarter

3:44 PM ET Fri, 2 Aug 2019

Rick Heitzman of FirstMark, an early investor in Pinterest, joins CNBC’s “Power Lunch” team to discuss why Pinterest is having its best trading day since its IPO.


Company: cnbc, Activity: cnbc, Date: 2019-08-02
Keywords: news, cnbc, companies, big, trading, team, joins, investor, ipo, power, pinterest, lunch, explains, companys, early, quarter, quarter344


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