When a well-known venture capitalist like Tim Draper is investing in Bitcoin with some $18 million of his own money, there has to be a really good reason.
Draper was the sole winner of the 29,656 bitcoins auctioned off June 27 by the U.S. Marshals Service. Those bitcoins had been seized by the federal authorities that shut down the notorious Silk Road website last fall.
But Draper isn’t just going to squirrel all those Bitcoins away.
He has a plan – and it's why he wanted all those bitcoins in the first place…
When a well-known venture capitalist like Tim Draper is investing in Bitcoin with some $18 million of his own money, there has to be a really good reason.
Draper was the sole winner of the 29,656 bitcoins auctioned off June 27 by the U.S. Marshals Service. Those bitcoins had been seized by the federal authorities that shut down the notorious Silk Road website last fall.
But Draper isn’t just going to squirrel all those Bitcoins away.
He has a plan – and it's why he wanted all those bitcoins in the first place…
Elon Musk is viewed as one of the boldest and most innovative CEOs in the world. That's part of the reason why Tesla Motors Inc. (Nasdaq: TSLA) stock has seen a meteoric rise of 515% since the start of 2013.
And Musk made a bold move today when he opened up all of Tesla's electric vehicle patents.
Musk is giving his competitors a leg up in hopes of jumpstarting the electric vehicle market.
And that could have a big impact on TSLA stock...
We're sharing this edition of Private Briefing with you because it contains some of Bill's best insight into what turns good companies into great ones - and how you can profit from them. Bill's readers profit from analysis like this all the time...
During the 30 years I've spent as a business journalist and financial columnist, I've developed a long list of personal axioms that have helped me identify "Best of Breed" investments.
These axioms touch on such topic areas as finance, marketing, intellectual property, and even competitive threats. But some of the most important of my personal investment aphorisms have to do with leadership and a company's management team.
And leadership starts with the CEO.
As one of my precepts holds, "A good CEO can create a very strong company. But a great CEO can create an empire."
Just like these... Full Story
SolarCity Corp. (Nasdaq: SCTY) stock was up more than 2.8% in early trading Tuesday despite the fact that the company delayed its Q4 earnings report for the second time.
The company announced yesterday (Monday) that it found an accounting error relating to its overhead expenses and now has to restate its 2012 and 2013 financial results. The earnings are expected to be released on March 18.
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