Monthly Archives: August 2022

a16z now wants to manage the money of the entrepreneurs it backs

Andreessen Horowitz’s recent hire of former Jordan Park Group Chief Investment Officer Michel Del Buono suggests the venture capital firm is getting into startup founder wealth management. The outfit, more commonly known as a16z, confirmed Del Buono’s hire as CIO to oversee those types of services for founders, as first reported by Bloomberg. TechCrunch reached…

Retail investors’ bullishness for Tesla is the highest in 2 years ahead of vote on EV maker’s stock split

Tesla CEO Elon Musk with Tesla Model X Crossover SUV. Justin Sullivan/Getty Images Purchases of Tesla stock by retail investors have been “skyrocketing,” Vanda Research said on Wednesday.  The stock price has soared ahead of the EV maker’s vote Thursday on a stock-split proposal.  Tesla’s stock price surged 32% in July, cutting into a year-to-date…

Number of Uber drivers hits record high of 5 million globally as cost of living soars — with 70% of new employees citing inflation as their primary reason for joining the company

An Uber driver helps a rider into a car in Palo Alto, California. Michael Macor/The San Francisco Chronicle via Getty Image Uber now boasts a record-high five million global drivers, an increase of 31% from last year. The uptick comes after a pandemic-led driver shortage, paired with drivers quitting over low pay and poor conditions. …

Some housing markets ‘slam the breaks’ while the value of investments in other cities stays strong

Ariel view of American neighborhood. Getty Images Rising inflation and interest rates have priced out many would-be homebuyers.  As demand wanes, Black Knight’s Andy Walden says the housing market has slammed on its brakes.   That’s because some of the nation’s hottest markets are now facing a downturn. As home price growth slows on waning demand,…

The 8 best socially responsible investment apps of August 2022

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. With sustainable investing — whether through socially responsible investing (SRI) or environmental,…

Best Southwest credit cards of August 2022: Earn points that count toward the Companion Pass

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Southwest is smaller than the “big three” US airlines (American, Delta, and…