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Eventbrite is No. 42 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. Halloween. That’s the tell for Eventbrite . If the haunted yacht cruises and cemetery tours are reaching out to the event planning and digital ticketing platform to list and promote their events, then the Thanksgiving Eve bar crawls, holiday light shows, and New Year’s Eve specials will follow. During Halloween 2022, the number of paid events on Eventbrite grew 30% over 2019, and ticket volume beat the company’s prior record by more than 50%. The reinvigorated enthusiasm for live experiences has been a boon to Eventbrite’s fortunes—and a success made possible only because Julia Hartz, cofounder and CEO, has spent the past few years effectively re-founding the company, which she created with her husband, Kevin, and their technical cofounder Renaud Visage in 2006. After the pandemic hit in … [Read more...] about How Eventbrite CEO Julia Hartz brought the ticketing platform back from the brink

Share to Twitter Share to Linkedin Coinbase COIN (NYSE: COIN) began its publicly traded existence on April 14th, 2021 as a hot initial public offering that cryptocurrency freaks could not stop talking about. There was more than the usual amount of “this one’s going to the moon!” free and sometimes paid-for advice that typifies a certain type of IPO no matter what the era or the industry. The certainty of success seemed obvious to the many who participated. When the stock was issued at a price of $250 — which got filled, by the way, by few investors — an immediate at-the-open rally took it up to $381 within minutes and then to a quick blast up to $424, a peak never to be seen again. Coinbase since then is an example of almost relentless selling as the crypto world it represents entered what those enthusiastic about it took to calling “winter” — although some have noted that it’s lasted almost as long as an ice age, so far. This week’s news … [Read more...] about Coinbase: From Hot IPO To Cold Wells Notice

Nasdaq Inc. ( NDAQ ) is getting close to launching its crypto custody business in the second quarter of the year, Bloomberg reported Friday. Key Takeaways Nasdaq readies the launch of crypto custody by end of the second quarter The exchange announced digital assets business last year Traditional financial institutions like BNY Mellon and Fidelity also offer crypto custody Nasdaq announced its foray into the digital assets business in September and will join traditional financial institutions such as Fidelity and BNY Mellon in offering crypto custody. The new digital offering will be headed by Ira Auerbach, who joins the company from Gemini, which was caught in the crosshairs of the FTX collapse . Auerbach was the Global Head of Gemini Prime, which was the company's prime brokerage service. The timing of Nasdaq's crypto custody launch could prove to be interesting. The U.S. Securities and Exchange Commission is keen on keeping a close eye on custodians … [Read more...] about Nasdaq Readies To Launch Crypto Custody

Share to Twitter Share to Linkedin Is it time for us contrarians to “buy the dip” in bank stocks? We’re drowning in big bank-scare headlines. Silicon Valley Bank (SIVB VB ) knuckled under in days, Signature Bank (SBNY) wasn’t too far behind, and across the pond, Credit Suisse (CS) needed a buyout bailout from rival UBS (UBS) . The next bank run, however, won’t be with the big boys . Too big to fail, baby . Here, we’ll find not only government help but also secure yields of up to 5.1%—trading at a discount, no less. Why the big guys? Well let me show you. Last week, my software firm received this email from one of our vendors: “Brett, Just wanted to give you our new banking details. We’re out of SVB; we’re moving to JPM.” JPM for the win. And they’re not the only big bank benefiting. CNN recently reported that Bank of America BAC (BAC) , Wells Fargo WFC (WFC) and Citigroup C (C) “have all experienced a … [Read more...] about Make Your Own Bank Run On These Blue-Chip Yields

E.l.f. is No. 26 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. E.l.f. (which stands for “eyes, lips, face”) may sit beside L’Oréal and Revlon on shelves at Walgreens, Ulta, and Target, but its leaders also view it as an entertainment company, servicing a huge audience of followers across its social platforms. “When you have 14 million people showing up on your doorstep every day,” says CMO Kory Marchisotto, “you can’t just sell them a product, you have to entertain them.” Known for its affordable, fair-trade products and beloved “dupes” of high-end items, E.l.f. began partnering three years ago with marketer Movers+Shakers on inventive digital work that went viral. Its 2019 #eyeslipsface campaign, with original music by Grammy-winning producer Ill Wayno and featuring Holla FyeSixWun, garnered 7 billion views. It attracted the most user-generated videos ever at the … [Read more...] about How Gen Z favorite E.l.f. cosmetics became an entertainment powerhouse

(CTN NEWS) – U.S. legislators have questioned TikTok CEO Shou Zi Chew about data security and objectionable content, and some have called for a statewide ban on the well-known short-video app. Chew, a Singaporean citizen, claimed to the congressmen that TikTok prioritizes user safety in an effort to prevent the app from being blocked in the United States by downplaying its connections to China. Representatives from both the Republican and Democratic parties vigorously grilled Chew on issues such as TikTok’s content moderation methods, data security policies, and history of snooping on journalists. Here are some of the issues people have with TikTok and its ownership. WHAT MAKES WASHINGTON BELIEVE THAT TIKTOK IS A THREAT? TikTok, a Chinese technology company ByteDance Ltd. entirely owns the app and hires its leaders , with more than 150 million American users. ByteDance is a privately owned Chinese company with its headquarters in Beijing but its … [Read more...] about What Makes TikTok A Security Threat To The US?

Explore the full 2023 list of Fast Company’s Most Innovative Companies , 540 organizations that are reshaping industries and culture. We’ve selected the firms making the biggest impact across 54 categories, including advertising , architecture , design , and more. Nature has typically been the first place that beauty companies turn to for solutions to aging and skin imperfections. Now there’s a new source—biotech—and it takes its inspiration from the pharmaceutical industry. The move toward lab-generated ingredients that promise to improve on what scientists would find in nature dovetails with society’s larger embrace of personalized medicine, including cell and gene therapy, says Sarah Broyd, a partner at Durham, North Carolina–based Clarkston Consulting who specializes in consumer healthcare and pharmaceuticals. “Even the mRNA technology used in some of the COVID vaccines has contributed to a greater general understanding of how biotechnology works, which has … [Read more...] about The 10 most innovative companies in beauty of 2023

Holdfast Collective is No. 4 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. In September 2022, Patagonia, renowned for being at the forefront of environmental advocacy, sustainable production, and progressive business practices, had a new declaration: Earth would be its only shareholder. What that actually meant was that founder Yvon Chouinard and his family had given up ownership, transferring the company’s voting stock to the Patagonia Purpose Trust and the other 98% of its ownership to the Holdfast Collective , a new 501(c)(4) organization. Holdfast’s mission is to preserve wildlands and pursue other nature-based climate solutions, fund grassroots environmental organizations, and support politicians working to fight the climate crisis. Although other companies have used this organizational structure for philanthropic ventures, Patagonia is taking a different … [Read more...] about Patagonia uses capitalism to save the planet with the Holdfast Collective