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Everyone Loves Vintage Tech–and It’s Creating a Problem for Startups Everywhere

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Technology, Working Capital

Remember when our vacuums didn’t invade our privacy? Last month, it was revealed that iRobot, the makers of the Roomba, had plans in the works to sell floor layouts of users’ homes, collected as the autonomous vacuums went about their cleaning duties. Lost...

Madoff trustee recoups $687 million in biggest settlement since 2011

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – The trustee recovering money for Bernard Madoff’s victims on Wednesday announced his biggest settlement in six years, recouping $687 million from an Irish fund that began sending client money to the imprisoned Ponzi schemer in the...

A key part of Google’s cloud strategy just got a boost

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Alphabet’s Google has picked up more support for a key piece of its cloud strategy. On Wednesday the San Francisco start-up Mesosphere announced the upcoming availability of a beta version of Google-led open-source software called Kubernetes inside its flagship...

Hedge funds may lose this tax loophole, but they don’t care

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Treasury Secretary Steven Mnuchin has made one thing clear when it comes to the way hedge fund managers get paid: a big tax loophole will disappear. He reiterated as much last month but hinted that it’s less certain what will happen to private equity, venture...

Before You Quit Your Job to Start a Company, Ask Yourself These 3 Questions

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Startup, Working Capital

Don’t start your own company. I’m an entrepreneur, and yes, that’s the advice I would give to other entrepreneurs. I’m not trying to be a jerk. Let’s just face reality for a second here: Only four percent of new businesses manage to stay...

Class 8 orders climb in August: FTR

by synergycap1 | Sep 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Non-Bank Loans, Working Capital

BLOOMINGTON, Ind. — FTR reported today that preliminary Class 8 net orders for August hit 20,700 units. That number represents a 14% increase month-over -month and is 50% better than a year ago. Class 8 orders met expectations as market momentum continues to...
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