Matthew DeBord/Business Insider Glad to give in. Last year, I committed automotive heresy for a car guy: I bought a Toyota Prius. In the world of auto enthusiasts, few vehicles have been viewed with as much scorn. The innovative gas-electric hybrid is considered a high-tech transportation appliance, designed to deliver miles per gallon rather than […]

Sony Pictures Classics I just watched “Equity”, the highly-anticipated Wall Street movie that came to theaters on Friday, and I loved it. The movie was compelling — there was ambition, there was greed, there was white collar crime. It was also the most realistic Wall Street movie I’ve ever seen. The story follows a senior banker […]

Matilde Campodonico/AP Private equity is diving head-first into the cannabis industry. The cannabis industry is starting to see some serious investment activity. Over the last few years, a new wave of cannabis finance companies have formed to capitalize on the green rush. Companies like Tuatara Capital, Seventh Point, Poseidon Asset Management, and Privateer Holdings have dived headfirst into the industry. While […]

This year, Boeing is celebrating its centennial anniversary. In the century since its founding, the Boeing Company has evolved into one of the titans of the aviation industry. The company is responsible for numerous game-changing innovations such as the 747 jumbo jet, the B52 heavy bomber, and 707 airliner.  From its first bi-plane to the composite-bodied […]

Hollis Johnson Such beauty as hurts to behold. Ferrari builds three types of cars: sports cars, Grand Touring or “GT” cars, and of course rare and exotic hypercars, such as the current LaFerrari, which sells for more than a million bucks. Of these three, without question the most important for Ferrari’s reputation are the sports […]

Jason Reed/Reuters Rainmakers are betting on tourists to bring in some serious profits. The Carlyle Group, the private-equity giant with $ 178 billion in assets, recently invested in Inca Rail, which provides a scenic ride to Machu Picchu in Peru. Apollo Global Management announced its $ 2.2 billion purchase of Diamond Resorts, a timeshare operator based in Las […]

Dollar Shave Club Consumer products have long been shunned by the venture community due to high capital requirements, low multiples and margin pressure from online retailers. As such, Dollar Shave Club’s recent $ 1 billion acquisition by Unilever came as a surprise to many. In a sense, the acquisition not only disrupted the razor market, it arguably […]

Tech dealmaking has hit a speed bump.  Mergers and acquisitions in the sector reached about $ 83 billion in value in the second quarter of this year, down 3% from a year earlier, according to a report by PricewaterhouseCoopers’ Matthew Stumpf.  While overall deals volume in the sector dropped 19% from a year earlier, Stumpf is expecting a […]