Sales & Marketing news

• Wall Street billionaire Steve Schwarzman gave a record-setting gift to his public high school — and it highlights the dire situation American schools face

  24-02-2018 07:20 via feedproxy.google.com
  Public K-12 schools are facing budget shortfalls amid reductions in government funding.  
  Steve Schwarzman, the billionaire founder of private-equity firm Blackstone Group, recently gave a $25 million donation to his public high school.
  Such donations to public K-12 schools are rare, especially compared with their private counterparts.
  Given the budget shortfalls, Schwarzman recently told a group of 3,000 superintendents that public schools need to start privately fundraising the
  
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• Wall Street has a new favorite trading idea for a 'fundamental shift' that's happened

  24-02-2018 04:18 via feedproxy.google.com
  Several strategists have recently recommended buying commodities.
  Their call has become more pertinent amid increasing signs of inflation.  
  Commodities can help as an inflation hedge, and their prices benefit from increased overall demand in a growing economy. One recommendation keeps coming up on Wall Street as a best idea: buy commodities. 
  Strategists from Goldman Sachs to Citigroup are all making a number of key assumptions. This phase of super-low interest rates is like
  
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• Dropbox’s IPO is just the latest case of startup CEOs consolidating their power — and investors should be outraged (FB, SNAP, ROKU)

  24-02-2018 01:48 via feedproxy.google.com
  A growing number of tech companies are setting up stock arrangements that give outsized voting power to executives and founders — at the expense of regular shareholders.
  Dropbox, which on Friday released the paperwork it filed to go public, is the latest startup to go this route; the arrangement would give CEO Drew Houston nearly a quarter of the voting power at the company.
  Such stock structures insulate insiders from shareholder concerns, a privilege that executives and managers can abus
  
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• Dropbox shows its freemium model works — 11 million users and 300,000 business teams are paying for its service (BOX)

  24-02-2018 01:41 via feedproxy.google.com
  Dropbox on Friday released the paperwork it filed to go public, offering new details on its business. The company reported it has 11 million paying users.
  Although Dropbox was late to pursue the enterprise market, it now has 300,000 business teams paying to use its service.
  The customer figures give a better picture of how Dropbox compares with Box, which, unlike Dropbox, focuses solely on enterprise customers. Dropbox became popular by offering consumers free storage space in the clou
  
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• Kylie Jenner fleeing Snap might be just the beginning (SNAP)

  24-02-2018 00:49 via feedproxy.google.com
  Kylie Jenner tweeted that she doesn't use Snapchat anymore.
  That may mean other Snap influencers may do the same, according to one analyst.
  The larger wave of people staying off the app is a real concern for the company.Kylie Jenner might not be the only one.
  The social-media star tweeted this week that she doesn't use the app anymore, wiping more than $1 billion from Snap's market capitalization. According to analyst Craig Huber of Huber Research Partners told Business Insider, that could be an
  
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• UBS found a surprising driver of stock market returns — and these 15 stocks could be set to benefit

  24-02-2018 00:24 via feedproxy.google.com
  In sectors that rely on human capital, employee satisfaction can be a big driver of company success.
  Glassdoor ratings and company performance are well correlated, according to UBS.
  The Swiss bank identified 15 companies that have high Glassdoor ratings that investors should consider.Employee motivation may not be the first thing that comes to mind when considering which stocks will perform well. But according to UBS, it's a key factor for certain companies that investors should be paying attent
  
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• Box's Aaron Levie has some hilarious advice for Dropbox's Drew Houston on how to be CEO of a public company (BOX)

  24-02-2018 00:06 via feedproxy.google.com
  The CEO of Box was gracious and funny in welcoming Dropbox, his highest-profile competitor, to the ranks of the publicly-traded tech companies.
  But Box CEO Aaron Levie, who's been known to smack-talk Dropbox, did have a funny bit of advice for Dropbox CEO Drew Houston: Watch out for gray hairs.
  On Friday, Dropbox filed for its long-anticipated IPO  and it looks like it could be a doozy. It shows revenues of $1.1 billion and losses of $111 million — with revenue climbing and loses
  
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