SoundCloud Co-Founder Steps Down From CEO Role as Company Secures Much-Needed Funding

by synergycap1 | Aug 11, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Technology, Working Capital

SoundCloud CEO and cofounder Alex Ljung is stepping down from the top role as the company announces a new round of funding from investors The Raine Group and Temasek. Ljung won’t be leaving the company, he confirmed in a blog post, but will remain in...

Snap Is Dead in the Water Because of Facebook

by synergycap1 | Aug 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Technology, Working Capital

Snap Inc., maker of Snapchat and not much else, released its second-quarter earnings results on Thursday. The numbers were abysmal, missing guidance on both user growth and revenue, and Wall Street reacted immediately by tanking the stock (not unlike what happened in...

If Disney Wants to Break Free of Netflix, It Needs a Platform

by synergycap1 | Aug 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Technology, Working Capital

Earlier this week, Disney announced it’s striking out on its own into the already crowded streaming space.The company that brought the world mouse ears (and now lightsabers and superheroes) is ending its arrangement with Netflix and launching two new streaming...

10 Apps I Have Gathered To Help With My Travels

by synergycap1 | Aug 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Technology, Working Capital

I’ve been all around. I’ve been to Europe, Central America, Middle East and North America. As time passes, I find myself dependent on my smartphone more and more. For instance, I don’t think I would have ever survived my first trip to NYC without...

IRS Warns of Fake Tax Software Update Scam

by synergycap1 | Aug 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Technology, Working Capital

The Internal Revenue Service (IRS) along with state tax agencies issued a warning this week about a new phishing email scam that impersonates tax-software providers and attempts to steal users’ usernames and passwords by tricking people into logging in to bogus...

Here’s The Key To Netflix’s $70B Valuation

by synergycap1 | Aug 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Technology, Working Capital

Netflix is now one of the highest valued subscription services in the world. In May 2017, the company announced a valuation of over $70 Billion. And remember how it all started – by providing a simple mail order service for DVD. The company has undoubtedly...