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Alexis Ohanian recently revealed his single-best investment — and also some financial moves he now regrets.In a podcast interview with venture capitalist Harry Stebbings, the Reddit cofounder said that he made millions from investing early in Ethereum.Ohanian said he invested $10,000 at the company’s pre-token sale — which turned out to be a highly lucrative move as the company’s cryptocurrency, ether (ETH), is now the second largest in the world by market cap.At the time of the podcast recording, Ohanian said his ether stake is now worth $17.1 million.The SevenSevenSix venture capital firm founder also said that, along with some ether, he…

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The bear, a symbol of falling stock market prices, stands as a bronze sculpture in front of the Frankfurt Stock Exchange building on 06 August 2024.Picture Alliance | Picture Alliance | Getty ImagesVeteran investor David Roche expects a bear market in 2025 caused by smaller-than-expected rate cuts, a slowing U.S. economy and an artificial intelligence bubble.”I think [a bear market] is probably coming, but probably in 2025. We now know what will cause it,” the strategist at Quantum Strategy told CNBC’s “Squawk Box Asia” on Monday. Roche expects the Fed to resist reducing rates to the market’s desired 3.50%. The Fed’s…

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It’s the third public healthcare company to say it’s taking a buyout and going private this summer. Medical scribe company Augmedix announced its acquisition by $6 billion startup Commure in July, and digital health-tracking platform Sharecare said in June PE firm Altaris would buy it.Experts say the recent string of take-privates is good news for startups. M&A activity has been ticking up since the beginning of the year, but hasn’t rebounded from 2023 lows as quickly as dealmakers hoped.Now, healthcare startups dreaming of an IPO might be encouraged to stay private longer with renewed chances for big returns through M&A.”Every…

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A screen grab from a video released by Ukrainian President Volodymyr Zelenskyy shows a fire broke in Zaporizhzhia nuclear power plant in Zaporizhzhia, Ukraine on August 11, 2024. A fire broke out Sunday in Europe’s largest nuclear power plant, located in southern Ukraine, with Ukraine and Russia trading blame over the incident. Anadolu | Anadolu | Getty ImagesMoscow and Kyiv have blamed each other for a large fire that broke out at the Zaporizhzhia Nuclear Power Plant in southern Ukraine on Sunday, with the latest incident taking place amid Ukraine’s ongoing incursion into Russian border territory.Ukrainian officials said Russian forces started the…

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Sick of spending hours trying to cancel your gym membership or get money back on a flight? A solution might be coming your way.On Monday, President Joe Biden’s administration announced a new effort to crack down on hard-to-cancel subscriptions and bad customer service in a series of proposals known as the “Time Is Money” initiative.In partnership with several government agencies, including the Federal Trade Commission, the Department of Transportation, and the Consumer Financial Protection Bureau, the administration is proposing rules to make business processes easier for consumers to navigate. These rules would ensure people are not stuck paying subscriptions they…

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Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. In today’s visually driven world, eye-catching and thought-provoking imagery is important for businesses to stand out and engage their audience. While it sounds easy enough to incorporate into your marketing plan, not everyone is confident enough in their artistic abilities to leverage it on their business.Entrepreneurs looking to enhance their brand’s visual appeal can now access the award-winning Luminar Neo editing software, along…

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This handout photo provided by the US Navy shows the aircraft carrier USS Abraham Lincoln, left, in 2019.Zachary Pearson | U.S. Navy Handout | Getty ImagesThe U.S. is sending more troops and military hardware to the Middle East as it seeks to increase the resources available to “defend Israel,” the Pentagon said in a statement.U.S. Defense Secretary Lloyd Austin “reiterated the United States’ commitment to take every possible step to defend Israel and noted the strengthening of U.S. military force posture and capabilities throughout the Middle East in light of escalating regional tensions,” the statement, issued Sunday by Pentagon Press Secretary Maj. Gen.…

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Business is simply a blend of math and emotions. As Warren Buffett said, “Until you can manage your emotions, don’t expect to manage money.”The money part is easy to understand. Emotions are the messy part. We attach meaning and self-worth to money, which halts our success.I started my career in sales and business development in adtech in 2007 and became a full-time life coach in 2014. Conversations I’ve had about divorce, politics, parenting, and sexuality were less emotionally charged than conversations around money.As a woman with a high school education who grew up on welfare and is now an entrepreneur…

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Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Having a strong grasp of IT fundamentals can be a game-changer for entrepreneurs and business owners. It can help you understand the complex business of your IT department and help you make informed decisions about IT-related tasks within your business. It can also serve as a way to do some IT work yourself and save on hiring costs, which can be particularly helpful…

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U.S. President Joe Biden attends a press conference during NATO’s 75th anniversary summit, in Washington, U.S., July 11, 2024. Leah Millis | ReutersThe Biden Administration on Monday unveiled a new, multi-agency regulatory initiative to target corporate practices that officials claim are designed to waste consumers’ time and needlessly burden them with red tape, in order to maximize profits.”I think we can all relate to this,” White House domestic policy advisor Neera Tanden told reporters Friday. “For example, you want to cancel your gym membership or subscription service or newspaper. It took one or two clicks to sign up. But now ……

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