veteran

Pipe founding team quits as hunt for 'veteran' CEO begins

Pipe founding team quits as hunt for ‘veteran’ CEO begins

The three co-founders of alternative finance start-up Pipe are stepping down as executives of the company in one of the most dramatic management shake-ups seen in the world of fintech startups in some time. Miami-based Pipe said today it was looking for a “veteran” CEO as Harry Hurst, who has been the face of the …

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'We will resist the temptation to fish for the bottom': 42-year-old market veteran says market-dominating tech stocks are still overvalued - and their impending demise will drive the rest of the market further down

‘We will resist the temptation to fish for the bottom’: 42-year-old market veteran says market-dominating tech stocks are still overvalued – and their impending demise will drive the rest of the market further down

Tech stock valuations are still too stretched, says Bill Smead. Their decline will drag the rest of the market down as well, he believes. Smead said the bear market is probably only halfway through. The most beloved names in the market over the past decade — so-called FAANMG stocks (or some iteration of that acronym) …

‘We will resist the temptation to fish for the bottom’: 42-year-old market veteran says market-dominating tech stocks are still overvalued – and their impending demise will drive the rest of the market further down Read More »