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· Editorial Staff
How a Broke, Suicidal Entrepreneur Turned It All Around to Build a Multi-Million Dollar Company
In 2000, journalist-turned-entrepreneur Ben Huh launched a startup with the hopes of it becoming the next big thing. After 18 months of blood and sweat and spending hundreds of thousands of dollars of investment money without significant success, Huh was forced to shut it all…
· Editorial Staff
This Insanely Huge Robot Can Be Yours for a Cool $1 Million On Amazon
If you had a million dollars, what’s the first thing you would buy? If you said, “a 5-ton, 13-foot-tall, 5 mph-capable, wearable robot,” then you’re not only ultra rad, you’re also in luck. On sale on Amazon Japan is the Kuratas, the invention of Kogoro Kurata, a Japanese…
· Editorial Staff
Why I Turned Down $30 Million From Mark Cuban
On a recent episode of “Shark Tank,” three sisters shocked the world by declining a $30 million offer from Mark Cuban to buy their under three-year-old online dating company Coffee Meets Bagel. They did it without even flinching. The company’s founders, Arum, Dawoon and Soo Kang…
· Sebastian Dillon
Vice CEO Just Stuffed His Employees’ Stockings with Over $1 Million Cash
What happens when your company receives half a billion dollars in investment? Allocate $1 million of it for employee “stocking stuffers,” obviously.
· Sarah Lesnar
How These Millennials Got Mark Cuban to Give Them $1 Million
Many entrepreneurs on “Shark Tank” have failed pitching their products because their startups were deemed not up to par with the standards of the sharks on the show. However, a team of entrepreneurs from Austin, Texas were recently able to secure an investment from the show’s…
· Max Chang
A Bank Accidently Sent $1.5 Million to a Shady Hedge Funder, So He Made A Run For It
Has anyone seen Joseph B. Galbraith? Tell him that Credit Suisse is looking for him.
· Jacob Wagner
Jimmy Kimmel Pitches His Hilarious Startup on Shark Tank, Easily Lands a $5 Million Deal
Securing funding in this day and age has never been easier. Venture capitalist Marc Andreessen even went on record saying that so much money and so many high valuations get thrown around that it’s created a large bubble that has yet to burst. Jimmy Kimmel recently poked fun at…
· Jacob Wagner
The Chinese Government is Forcing an App With 30 Million Users to Shut Down
Last week, a number of major news outlets, including us (LOL at considering ourselves a “major news outlet”), reported on a 19-year-old girl in Shanghai making posts on the internet seeking a “temporary boyfriend” with whom she would sleep with at night in exchange for her…
· Benny Luo
This Vine Celebrity Gave the Most Epic Reason to Turn Down $1 Million
Many of us hustlers, no matter the industry, long for the day we finally make it, whether it’s selling your startup for billions of dollars, getting signed to a major record label as an artist or closing a huge book deal. For Vine artist Jerome Jarre, many would think one of…
· Alan Van
Microsoft Co-Founder Is Just as Overly Scared of Ebola as Everyone Else … Actually, He’s $100-Million Scared
Nearly two weeks after Facebook founder Mark Zuckerberg donated $25 million to help fight Ebola, Microsoft founder and fellow billionaire Paul Allen has now upped the ante by donating $100 million to the cause. Fight, fight, fight! Earlier this month, Zuckerberg announced via a…
· Alan Van
This is the Halloween Costume For Those With $1.6 Million to Spare
One year, a long, long time ago when I was but a tender, young beast, my mom decided to save a little extra money and time by having me go out trick-or-treating without a costume.
· Benny Luo
How a Convicted Felon Built a $3 Million Startup Straight Out of Prison
Frederick Hutson looked like he had everything going for him: he had a clean record, built some businesses, served in the U.S. Air Force and had been discharged honorably. However, things took a major turn for the worse in 2007, when at a mere 24 years of age, Hutson was caught…
· Editorial Staff
Harvard Receives Largest Donation Ever — $350 Million
The U.S.’s richest university has just gotten richer. According to The Wall Street Journal, the family of Gerald Chan, a Harvard Alumni and investor is donating $350 million to the university’s School of Public Health. This amount makes it the largest donation the university has…
· Editorial Staff
Malaysia Airlines is Currently Losing $1.6 Million a Day Because Flights Are Near Empty [PHOTOS]
In March, Malaysia Airline Flight 370, disappeared suddenly while traveling from Kuala Lumpur to Beijing. Last month, Flight 17 was shot down while flying over Ukraine. With the two tragedies tied to them, Malaysian Airlines has not been the most popular kid in the block. Even…
· Editorial Staff
Check Out the New Luxury Koreatown High-Rise that Sold for $283 Million
L.A.’s Koreatown is on the come up this year after having been a part of one of California’s biggest real estate transactions of 2014. The Vermont, located at the corner of Wilshire Boulevard and Vermont Avenue, was bought by Capri Capital Partner’s Chairman Quintin E. Primo III…
· Editorial Staff
New Study Estimates 1 in Every 22 New Yorkers is a Millionaire
A new study this week calculated the percentages of millionaires in city populations around the world. By net worth alone, excluding their primary residence, the study found that 4.63% of New Yorkers, or around 389,100 people, are millionaires- and New York is only number four…
· Benny Luo
How Two High School Club Promoters Who Hated Each Other Built a Multi-Million Dollar Nightlife Empire
For anyone that loves partying at the hottest venues in any major city in the world, chances are you’ve most likely frequented a place owned by Jason Strauss and Noah Tepperberg. This dynamic duo are the founders of Strategic Hospitality Group, the company that owns some of the…
· Editorial Staff
China’s Douchiest Millionaire Just Did Something Unbelievable to Homeless People in New York
Editors note: All images credited to Julia La Roche of Business Insider.
· Editorial Staff
Quippi Founder: How He Raised $3 Million For His Startup
There are only two types of startups that seem to get funded these days- the really cool ideas and the most disruptive ideas. But leading a unique startup through funding rounds takes the experience of a seasoned entrepreneur, and no one knows how to do this better than…
· Benny Luo
This Entrepreneur is Trying to Crowdfund $600 Million to Buy the L.A. Clippers
Unless you’ve been living under a rock, you’ll know that the biggest news in basketball right now is about L.A. Clippers owner Donald Sterling’s lifetime ban from the NBA and the forced sale of his team due to his racist remarks against black people earlier this week. Among the…
Grab
Grab is the everyday super-app of Southeast Asia — rides, food, and payments in one wallet across eight countries, the way hundreds of millions actually move and eat.
GrabNASDAQ:GRAB
Grab is the everyday super-app of Southeast Asia — rides, food, and payments in one wallet across eight countries, the way hundreds of millions actually move and eat.
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