Dr. Jeremy Desai, the president and CEO of generic drug maker Apotex Inc., the company founded by deceased Toronto billionaire Barry Sherman, resigned on Friday.
Tag: founded
An investing platform founded by a 25-year-old went free — and now it’s facing a backlash from its rivals
VCG/Getty Images Chicago-based M1 Finance made its investing platform free in December. Now its larger rivals are attacking the move as “desperate” and bad for wealth creation. Chicago-based investing startup M1 Finance made a bet that it could become a financial services juggernaut by charging its users nothing to use its platform. Now, some […]
Gemini, the crypto exchange founded by the Winklevoss twins, extends maintenance after massive bitcoin sell-off
Mike Coppola/Getty Images Gemini, the crypto exchange, extended a scheduled maintenance Saturday after a bitcoin sell-off. The exchange appeared to be down for some users for much of the morning. Bitcoin, the red-hot cryptocurrency, shed more than $ 1,500 during the downtime. The exchange will provide data for Cboe Global Markets’ bitcoin futures contracts, which […]
An Alibaba-backed fintech company founded by a 34-year-old just had an amazing IPO
Kerry Gao Qudian, an online small credit provider, went public on the New York Stock Exchange. The company, which was founded by 34-year-old Min Luo, is going after a market it says China’s biggest banks can’t serve. Qudian, an online small credit provider, popped more than 43% after going public on the New York Stock […]
The CEO of a startup founded by college dropouts sent a brutally honest pitch to potential investors
Exeq One of the hardest parts about getting a company off the ground is finding the right investors to help keep the lights on during the early days. If you’ve ever watched the hit show “Shark Tank,” then you’ll know it’s no easy feat convincing investors to pour money into your company — especially in its early days. As […]
The CEO of a startup founded by college dropouts sent a brutally honest pitch to potential investors
Exeq One of the hardest parts about getting a company off the ground is finding the right investors to help keep the lights on during the early days. If you’ve ever watched the hit show “Shark Tank,” then you’ll know it’s no easy feat convincing investors to pour money into your company — especially in its early days. As […]
7 well-known companies that were founded by college students
Brian Ach/Getty Images Sure, we all know that Facebook was famously launched from Mark Zuckerberg’s dorm room, but the social media giant isn’t the only successful company to rise from pizza box-cluttered surroundings. From successful startups to massive, multinational brands, we’re going to tell you about 7 companies you never realized were founded by college […]
Appalled by ‘crazy’ broker fees, 2 ex-Googlers founded a site they say has saved renters over $1 million
Courtesy of Joinery • Renters often pay a broker 10% to 20% of annual rent for an apartment in New York City. • Two former Google employees founded a peer-to-peer rental site to get rid of this fee. • Outgoing tenants are paid up to half a month’s rent for finding a new tenant, either […]
A tech startup founded by alumni of the world’s largest hedge fund is launching in London
LinkedIn A San Francisco software startup founded by alumni of the world’s largest hedge fund is expanding into London. Domino Data Lab, a software company for data science teams, has hired Ben Harknett, who previously worked for Google, to lead the move. Harknett previously headed the Europe, Middle East and Asia division for Wildfire, a social media […]
Magic Leap purchased a startup founded by former Apple employees, and looked into buying an Oscar-winning animation studio
Thomson Reuters Magic Leap is beefing up its ranks with artists and animators from an Oscar-winning studio and veteran game designer, in a sign that the $ 4.5 billion company believes content could play a critical role in the success of its highly-anticipated “mixed reality” product. Magic Leap’s special glasses, which overlay detailed digital imagery on top of the real […]
