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Sports teams trade at such high prices that they are increasingly syndicated: Instead of one rich guy buying a sports team, teams now might be owned by multiple special-purpose vehicles, funds
Charging 3% for IPOs is fine when an IPO is a bespoke vanity project, but if there are six big companies raising $100 billion a year in public equity, the fees will have to come down?
Meta Platforms Inc., market capitalization of $1.5 trillion, has sold a total of about $11.2 billion of stock in its history; it bought back about $23.6 billion of stock last year. Building a website doesn’t cost very much money, but if it’s the right website it generates money
According to the WWF, there are fewer than 50,000 Asian elephants in the wild, most of them in India, followed by Sri Lanka and Southeast Asia. There are over 2,600 elephants in captivity in the country, used for tourism, entertainment, and in temples.
Every year in the United States, around 20,000 youths turn 18 and age out of the foster care system, and 20 percent of them immediately become homeless
Article 7-B of the New York Personal Property Law was designed for physical objects physically found by human beings. It has no application to a computational scan of a public ledger.
The IAA triggers heavy screening for any investments exceeding €100 million if the entity hails from a country holding a 40%+ global market share in that sector