Investors in technology need to pay attention to corporate governance

Guessing where tomorrow’s cautionary tale may lie is not easy. But investors seeking to avoid blow-ups should pay special attention to securities, companies and bosses that encapsulate the boom today. One area of financial risk is the thrivingwhere underwriting standards have slipped. In the corporate world the prime candidate for a governance conflagration is the technology industry.

Another reason to watch tech is the plentiful funding for risky ventures. Investors desperate for returns have been shovelling money at businesses with high valuations, but whose prospects are far from proven. Didi Chuxing, a Chinese ride-hailing outfit, may well receive a valuation of over $100bn in an upcoming share sale, despite amassing $13bn of cumulative losses.

Risk control at the firm is patchy. Its internal hedge fund, once dubbed the “Nasdaq Whale”, roiled markets last year, sending shares of various companies berserk. The firm has morphed so many times analysts admit struggling to understand what goes on there. Dealings between the firm, its funds, its executives and its affiliates can create the risk of conflicts of interest.

Cryptocurrency Ponzis & MLMs, and real estate Ponzis. Duh!

good

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Angela Bassett Revealed the Secrets of Celebrity Zoom Set-upsPay no attention to the fake backyard behind the curtain.
Source: wmag - 🏆 723. / 51 Read more »

Does Your LinkedIn Profile Prove Your Credibility?Now that your first impression is likely to be delivered online, you need to focus your attention on your LinkedIn profile. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him GeorgeLinf322 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Source: Forbes - 🏆 394. / 53 Read more »

Pay Attention: Team USA Wants to 'Make the Paralympics Impossible to Miss'Team USA's 'Show the World' campaign highlights Paralympic athletes and aims to increase visibility for the Paralympic Movement ahead of the Tokyo
Source: POPSUGAR Fitness - 🏆 401. / 53 Read more »

Everything investors should know from EV start-up Canoo's investor daySince going public, shares of Canoo have roughly been cut in half on executive departures, changes to its business plans and speculation about EVs.
Source: CNBC - 🏆 12. / 72 Read more »

A strange news report briefly rattles the Adani GroupThe episode also throws light on a quirk of Indian corporate ownership | Business good
Source: TheEconomist - 🏆 6. / 92 Read more »

Fran Drescher Revealed That She Designed 'The Nanny' Set With A Hidden Runway To Make Her Clothes The Star Of The ShowLet's be real, those looks deserved extra attention.
Source: BuzzFeed - 🏆 730. / 51 Read more »