The Business of Investing

  • JP Morgan Poised to Take Over Apple Card

    JP Morgan is reportedly in talks to replace Goldman Sach’s as Apple’s credit card partner. In 2019, Apple launched the Apple Card in partnership with Goldman Sachs. The Apple Card is a credit card built into Apple products that is issued by Goldman Sachs. Apple is reconsidering their partnership with Goldman after the bank decided…

    BOI Team

  • AI Voice Assistance in Dentistry

    There’s a new trend in dental technology that’s worth noting: AI voice assistance. In recent years, the dental industry has witnessed the emergence of AI voice assistants that dentists can use to optimize both their dental care and clinical workflow.  One startup in particular has been leading the charge, and that’s Denti.AI. Denti.AI’s signature product…

    BOI Team

  • FanDuel Parent Company goes on international buying spree

    Flutter Entertainment, the parent company of U.S. betting giant, Fanduel, will spend $2.6B to acquire an Italian gambling company, Snaitech. The company just bought a majority stake in Brazilian gambling platform, NSX Group, last week. Italy’s gambling market is of special interest to Flutter considering its move to regulation. The company views it as having…

    BOI Team

  • Death of EdTech?

    A Crunchbase article from earlier this summer claimed “EdTech has not hit bottom”, a response to YTD 2024 EdTech funding reverting far below pre-pandemic levels, at around $1B. Crunchbase is not the only pessimist in the room – many investors have declared a fall-off for the sector. But more evidence is needed before reaching a…

    BOI Team

  • U.S. companies issue record amount of debt to avoid election risk

    Companies issued record volumes of debt last week as they prepared for more volatile markets and uncertainty as the presidential election nears. 29 US investment grade bond deals hit market last Tuesday, a record amount according to LSEG. A couple of the deals include Uber raising $2.5B and Ford raising $4B. Although issuers usually tap…

    BOI Team

  • Oaktree blames Silver Lake and Advent for investment woes

    Oaktree, an asset manager with $172B AUM, is publicly feuding with private equity shops Silver Lake and Advent, over the trio’s failed co-investment, Thrasio. Thrasio is an e-commerce startup that collapsed under the watch of Silver Lake, Advent, and Oaktree. It was built to roll-up smaller Amazon marketplace sellers. Originally backed by venture capital funds…

    BOI Team

  • CVC threatens to leave the United Kingdom

    Last week, there were rumblings from U.K. investors that a hike on carried interest taxes was all but guaranteed. CVC publicly commented on the rumors, with CEO Rob Lucas saying “Will it influence where people want to be based? Probably. We know our people are very flexible. They can operate out of any jurisdiction effectively.”…

    BOI Team