by zekefaux
Onstage at a conference in San Francisco in May, Noah Breslow is gliding through a slide presentation on why his company, OnDeck Capital, is going to make bank loan officers as obsolete as travel agents. [Read it]
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by zekefaux
Alex Slusky was under pressure to put the money in his private-equity fund to work. [Read it]
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by zekefaux
The Matalon, a six-story glass building in Belize City, Belize, towers over a lot littered with old refrigerators and washing machines. Jagged rebar sticks out of unfinished cinderblock structures nearby, and the view, across Haulover Creek, is of a cluster of corrugated metal shacks. This is the listed address for Cynk Technology, a company with no assets, no revenue, and one employee, that for one hour in July had a market value of more than $6 billion. [Read it] Sept. […]
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