About a week ago, I put out the statistic that the typical, or median, size of an angel investment is $10,000. Many people have responded that they don’t believe the number because they see companies receiving $250,000 to $500,000 from angels. But these numbers aren’t inconsistent. Data from a survey of a representative sample of the adult age population in Read More

Thirty-nine percent (39%) of small business owners are seeing a return on investment from social media.  That is according to a recent survey by Manta, released just last week. Manta, an online small business community, surveyed more than 1,200 of its members to generate its quarterly Small Business Wellness Index, where these findings are from.  Chart excerpt: Now you might think Read More

The New York Stock Exchange. Photograph: Drew Angerer/Getty Images City unhappy about Barnier’s Brexit views Britain’s financial sector has reacted badly to the news that Brussels won’t accept a special deal for the City of London after Brexit. Michel Barnier, the EU’s chief negotiator, told the Guardian that the UK couldn’t have a bespoke deal that gave preferential treatment to certain Read More

Till now you have interacted with life insurance companies as a customer, and so you needed to understand the different products they sold, embedded costs, performance record of the insurer and processes of making a claim. But last year, with ICICI Prudential Life Insurance Co. Ltd going public, followed by two other insurers this year namely SBI Life Insurance Co. Read More

Ola’s rivalry with Uber has just entered a whole new dimension. Seven months after Uber launched its on-demand food delivery app UberEATs in India, Ola on Tuesday announced that it will acquire Foodpanda’s India business. In the bargain, the food delivery business in the country is likely to get a big boost, much to the delight of couch potato foodies. Read More

Apple reported strong quarterly results ahead of the iPhone X launch on Friday, with iPhone sales at 46.7 million unit, up from 45.5 million in the year-ago quarter. The company posted quarterly revenue of $52.6 billion (roughly Rs. 3,39,595 crores), an increase of 12 percent year-over-year (YoY), with international sales accounting for 62 percent of the revenue. India revenue doubled year-over-year, though the Read More

Apple Inc on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping season, allaying investor concerns about production delays on the new iPhone X and demonstrating remarkable strength across its growing line of products and services. The stellar earnings report came just as the iPhone X went on sale Friday morning in Australia. Long lines were forming at Apple Read More

If you use Microsoft’s accessibility features and want a free upgrade to Windows 10, better hurry up because Microsoft is closing this last deal on December 31. Microsoft mostly stopped offering free upgrades to Windows 10 in July last year but users who use accessibility features, got an extension of that promo, a report in ZDNet said on Saturday. Accessibility features in Windows are Read More

Saudi Arabia on Thursday unveiled a 72 billion-riyal ($19.2 billion) program to bolster private-sector growth, with money to support housing construction as well as fee waivers for small businesses, Commerce and Investment Minister Majid Al-Qasabi said. The package, part of a four-year, 200 billion-riyal stimulus program announced last year, contains 17 separate initiatives the government hopes will result in direct and Read More

House Republicans appear to have largely given into their Senate colleagues on a tax cut bill, news reports suggest. (Photo by Aaron P. Bernstein/Bloomberg) You might have thought that when it comes to the competing tax cut bills that have been duking it out behind closed doors at the Capitol, advocates for small business would feel like they’re living in Read More