Firsthand Technology Value Fund (SVVC) is a BDC focused on venture capital. Readers with limited familiarity with BDCs should read my recent article that serves as a primer on BDCs as well as warnings about their fees, conflicts of interest and potentially poor governance.

SVVC has been trading recently around $4 per share despite the Company’s estimate that its NAV is well over three times that amount. The next few sections briefly describe the path that eventually led to SVVC’s dismal state.

Past Bright Spots

On July 17, 2014 SVVC reported an NAV of $27.30 per share and disclosed that its top two holdings were Twitter and Facebook! But the early bright spots soon began to be overshadowed by the poor performance of other portfolio companies.

Nevertheless, on 10/19/18 SVVC announced a “Preliminary NAV of $29.18 Per Share as of September 30, 2018″ and that “Holdings Include Pivotal,

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COLUMBUS, Ohio, Oct. 14, 2020 /PRNewswire/ — As the COVID-19 pandemic puts immense pressure on American business, driving record levels of unemployment and an increasing number of closures, advisors and financial professionals say their practices are not immune to the impact. Nationwide’s sixth annual Advisor Authority Study, powered by the Nationwide Retirement Institute, surveyed more than 1,800 advisors, financial professionals and individual investors to examine these pressures and reveal how advisors and financial professionals are using technology to adapt their firms and preserve profitability.

“When advisors and financial professionals think about the success of their practice over the next 12 months, they think about the impact of COVID-19—and we understand their concerns,” said Craig Hawley, Head of Nationwide’s Annuity Distribution. “However, by re-tooling with the right technology, advisors and financial professionals can continue delivering an exceptional client experience, retain current clients and attract new ones, ensuring their practice

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COLUMBUS, Ohio, Oct. 14, 2020 /PRNewswire/ — As the COVID-19 pandemic puts immense pressure on American business, driving record levels of unemployment and an increasing number of closures, advisors and financial professionals say their practices are not immune to the impact. Nationwide’s sixth annual Advisor Authority Study, powered by the Nationwide Retirement Institute, surveyed more than 1,800 advisors, financial professionals and individual investors to examine these pressures and reveal how advisors and financial professionals are using technology to adapt their firms and preserve profitability.

(PRNewsfoto/Nationwide)

“When advisors and financial professionals think about the success of their practice over the next 12 months, they think about the impact of COVID-19—and we understand their concerns,” said Craig Hawley, Head of Nationwide’s Annuity Distribution. “However, by re-tooling with the right technology, advisors and financial professionals can continue delivering an exceptional client experience, retain current clients and attract new ones, ensuring their practice

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  • The same short-seller that targeted Nikola in September has set his sights on a new name: Loop Industries.
  • In a report released on Tuesday, Hindenburg Research alleged that Loop Industries’ technology for recycling plastics didn’t work, describing it as “smoke and mirrors.”
  • Shares of Loop Industries fell as much as 39% on Tuesday.
  • Visit Business Insider’s homepage for more stories.

The same short-seller that targeted Nikola in September is now alleging that another company “is smoke and mirrors” and is inflating its technological capabilities.

In a report released on Tuesday, Hindenburg Research alleged that Loop Industries was peddling plastic-recycling technology that didn’t work.

Investors have taken note of what Hindenburg has to say since its September report on Nikola led to a drawdown of nearly 50% in that stock.

Loop Industries says it uses proprietary technology that can break down so-called PET plastics into

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Enrique Lores wearing a suit and tie: HP Ceo Enrique Lores on Leadership Next


© David Pollar—Getty Images
HP Ceo Enrique Lores on Leadership Next

“We are witnessing the dawn of a new age,” HP CEO Enrique Lores said at the company’s Reinvent conference this year. Many of the changes that business leaders planned to transition into over the next few years are here now, and they’re being accepted seamlessly due to the pandemic from constant video conferencing to working from home. 

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On the latest episode of “Leadership Next,” the Fortune podcast about the changing roles of business leadership, Lores tells cohosts Alan Murray and Ellen McGirt that the fast pace of change has affected not only business and technology, but also the personal lives of employees and managers alike. That, he says, necessitates the development of a more approachable

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4 min read


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Without a doubt, one of the most exciting technological innovations this decade has seen is the evolution of blockchain. Since its inception, it has revolutionized digital commerce, technology and brought about the possibility of near-instant financial transactions. The global economic model is undergoing a huge transformation and being one of the frontrunners in technology, the Indian entrepreneurship industry is adapting blockchain technology. Here are four entrepreneurs from India who are leveraging the power of blockchain.

Sandeep Nailwal, Co-Founder and COO of Matic Networks

Nailwal co-founded Matic Network in 2018 and worked with his team to make it a global leader in blockchain space with a $200 million market cap. Today, Matic Network is one of the fastest growing DApps (decentralized applications) platforms enabling tonnes of applications utilization of blockchains in their business models and

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Campaign groups and small business representatives have called on consumers to shun this week’s Amazon Prime extravaganza and support small retailers instead.

On Tuesday and Wednesday the tech giant will host its annual Prime Day event, with thousands of tempting bargains – many at up to half price.

However, campaigners are calling on consumers to consider the plight of local businesses that were already struggling to compete with Amazon ahead of lockdown.

Ethical Consumer, which has long campaigned to persuade shoppers to boycott Amazon on the basis that it aggressively avoids paying taxes, has urged online shoppers to stop, pause, and “think of the cost to vital public services before they click to checkout”.

Meanwhile the British Independent Retailers Association (Bira) has asked consumers to consider the small retailers who need their support “more than ever” if their local high street is not going to become a boarded-up wasteland.

Launched

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Press release content from PR Newswire. The AP news staff was not involved in its creation.

SALT LAKE CITY, Oct. 12, 2020 /PRNewswire/ — Impartner, the world’s most complete channel management platform and Partner Relationship Management (PRM) provider, today announced it has been recognized with three 2020 ACQ5 Awards for International Technology Company of the Year, SaaS-Based PRM Solution Provider of the Year and Gamechanger of the Year for CEO Joe Wang. This is the third consecutive year Impartner has received multiple ACQ5 awards, which are chosen from nearly 100,000 submissions from the corporate news site’s global readership. The awards recognize organizations and individuals that demonstrate an ability to deliver services and skills to meet clients’ needs and adapt to market and regulatory conditions — and are truly world class in the way they are run and in the services they deliver to clients.

“Experts whose

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(Bloomberg) — Hong Kong’s boom in initial public offerings is set to be prolonged as companies given a boost by the pandemic outbreak follow China’s technology giants in selling shares, the bourse’s head of listings said.



a person sitting on a bench in front of a body of water: Views of Hong Kong as China Law to Establish 'Red Lines' for the City, Adviser Says


© Bloomberg
Views of Hong Kong as China Law to Establish ‘Red Lines’ for the City, Adviser Says

Companies from the technology and biotechnology sectors could continue to fill the IPO pipeline in the near future as Covid-19 has boosted investments in research and development, Hong Kong Exchanges & Clearing Ltd.’s Head of Listing Bonnie Chan said in an interview on Friday.

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“We thought 2020 would be a disappointment, but it has turned out to be a busy year,” Chan, 50, said. “I believe the IPO rush will continue.”

Hong Kong this year has seen a rush of listings from Chinese companies including JD.com Inc. and Netease Inc., which are selling shares

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NEW YORK, Oct. 9, 2020 /PRNewswire/ — Color Star Technology Co., Ltd. (Nasdaq CM: CSCW) (the “Company”, or “Color Star”), a company engaged in the businesses of providing online and offline paid knowledge services for the media, entertainment and culture industries globally, today announced that it, in celebration of its planned Color World App upgrade with the official launch of interactive live video streaming feature which is scheduled on October 15, 2020, will launch a series of interactive live events featuring its growing band of Star Teachers.

The first event (the “Event”) featuring “Star Teacher” Julaiti is scheduled for 8:00 p.m. Beijing Time (or 8:00 a.m. ET) on October 17, 2020. Julaiti is a 20-years old musician who has gained increasing popularity among China’s Gen Z in recent years, following his Top 15 Finalist finish on the “Super Boy 2017”, a highly acclaimed musical competition series

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