Staying private: the booming market for shares in the hottest start-ups

Desy Papper

In 2014, an Austrian entrepreneur offered investors a rare chance to purchase shares in Jumio, his fast-growing and profitable payments company. The deal was not a typical venture capital transaction. Instead of purchasing new shares, investors could buy out earlier shareholders, in what are known as private secondary transactions.

Daniel Mattes, who calls himself a “visionary” on his Instagram page and has been a judge on the Austrian version of Shark Tank, the American reality TV series for entrepreneurs, told at least one prospective buyer he had no plans to reduce his own stake in the business, according to

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Directions 2021: After pivoting to produce PPE, Duncan Aviation looks for business to soar post pandemic | Directions

Desy Papper

Kathy Wills, team leader of Duncan Aviation’s upholstery team, works on sewing face masks last year.

There was no slowdown at Duncan Aviation last year.

Yes, the pandemic cut some hours and some salaries at Duncan, as it did for most businesses. International business, usually 20% of Duncan’s overall revenues, fell because operators were restricted from flying overseas.

Still, Duncan, the world’s largest privately owned provider of business jet services, kept churning.

The company, founded in 1956, provides retrofits for cockpits and cabins, major and minor inspections, maintenance, as well as

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Retail, Tech Earnings, and Berkshire’s Surprising Buys

Desy Papper

Walmart (NYSE:WMT) shares slip on earnings. The Trade Desk (NASDAQ:TTD) surges on record revenue. Roku (NASDAQ:ROKU) rises on an unexpected profit. Fastly (NYSE:FSLY) falls on growth concerns. Shopify (NYSE:SHOP) slips. CVS Health (NYSE:CVS) treads water. Berkshire-Hathaway makes some big investments. And Marriott (NASDAQ:MAR) suffers a big loss with the death of its CEO, Arne Sorenson.

In this episode of Motley Fool Money, Motley Fool analysts Ron Gross and Jason Moser discuss those stories and weigh in on autonomous driving, big tech break-ups, and the streaming wars. Plus, Ron and Jason share two stocks on their radar: Bluebird Bio (NASDAQ:BLUE)

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Hyatt claps back at CPAC haters: We take pride in operating a highly inclusive environment

Desy Papper

Hyatt Hotels defended its decision to host the 2021 Conservative Political Action Conference (CPAC) on Friday, at a time when the political climate has become increasingly volatile, citing its belief that individuals and organizations should be able to peacefully gather and express their own views.

The three-day event is being held at the Hyatt Regency Orlando in Florida, featuring a slew of prominent Republican speakers from lawmakers and former administration officials to President Donald Trump.


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3 CEOs explain bull case, $200k-$400k price forecast

Desy Papper
  • After breaching a record-high of $58,000 last Sunday, bitcoin slid to $47,000 on Friday.
  • Despite regulatory uncertainty, three CEOs of money managers are still bullish.
  • They explain why bitcoin is still in its early stages and set to mature into a gold-like market cap.
  • Visit the Business section of Insider for more stories.

Is bitcoin entering a

bear market

After the digital currency slid from its record high of $58,000 last Sunday to $47,000 as of Friday afternoon, its biggest weekly loss since a 33.5% decline last March, some skeptics are saying bitcoin is on the verge of falling

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