SVIC Podcast #4: JP Morgan Sues Frank, How To Spot Deal Due Diligence Red Flags, Trish Higgins This interview was on 1 February 2023. In this video, we are joined by Trish Higgins, who runs Chenmark Capital. Chenmark acquires and operates small companies. They own an array of businesses from: landscaping, boating tours, fruit tree […]
ChatGPT Valued At $29 Billion – A Discussion
SVIC Facebook Q&A Discussion: ChatGPT at $29 Billion Valuation Question for the group: *This question was asked to the community last January 7, 2023: The Wall Street Journal article: “ChatGPT Creator Is Talking to Investors About Selling Shares at $29 Billion Valuation” Tender offer at that valuation would make OpenAI one of the […]
SEC Charges Sam Bankman-Fried with Scheme to Defraud Investors
According to Yahoo finance, the Securities and Exchange Commission (SEC) has charged Sam Bankman-Fried, the CEO of Alameda Research, with a scheme to defraud investors. Bankman-Fried is accused of making false and misleading statements to investors regarding the performance of certain investments, engaging in manipulative trading activities and market manipulation to artificially inflate the price of certain investments, and failing to disclose material information to investors, including information about the performance of certain investments and the risks associated with them.