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DEATH SPIRALS

March 13, 2015 by zekefaux

Two thousand people cheered as Joshua Sason walked up to a boxing ring at an arena in Providence late last year. He trailed the actor Miles Teller, and the crowd was made up of extras—they were shooting a boxing movie, directed by the guy who made Boiler Room. Sason got to make a cameo in the fighter’s entourage because he’s producing the movie with Martin Scorsese and put up the budget. He’s 27 years old. [Read it]

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ONDECK IPO

November 13, 2014 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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CANE BAY PAYDAY

September 4, 2014 by zekefaux

Alex Slusky was under pressure to put the money in his private-equity fund to work. [Read it]

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CYNK SEARCH

July 24, 2014 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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