From: June 2015

Congratulations Facebook ….Time to Buy Slack

The only thing Facebook has really missed is email and lucky for them, email is mostly dead. Today Facebook hit another all-time high and is worth $238 billion. Facebook owns a lot of our digital history and wants to own the digital future. They have acquired a genetically better Kodak (Instagram), a genetically better ‘Ma …

Twitter To Have a New CEO…Poor Bastard

Nothing more productive than having wifi on a jetBlue flight to NYC for 6 hours to catch up on email, reading and writing. The future of Twitter is now in the hands of a player to be named later. Perfect. The amazing ‘Game of Thrones’ drama continues. Everyone is chiming in and everyone has chimed …

Goldman Sachs and ShittyBank…

It is hard to argue with price. Forgetting all the stealing, cheating, lying and government loans (gifts), Goldman Sachs is up 150 percent since the crisis in 2008. Here are how the rest of the ‘banks’ have fared. Global banking’s winners and losers since the crisis $GS $CS $C $JPM http://stks.co/i2XgV — Allan Schoenberg (@allanschoenberg) …

What is Taking Social Finance so Long?

I wish I had all the answers because I have spent a lot of my 40’s working in this sector. I started Wallstrip (acquired by CBS), invested in AngelList (pretty damn successful and social), invested in Covestor (acquired recently by Interactive Brokers), Robinhood, Chart IQ, YCharts and Datafox which all have at least a small …

The Profit Bubble…Late is the New Early

We have been in a profit and cash flow bubble now since 2010. Free money, low wages, high margins, humongous conglomerates etc. Goldman Sachs and JP Morgan took their time but are back at or near all-time highs on a daily basis. They laugh at all their disruptors (Payment, Brokerage, Bitcoin, Blockchain). They have the …

An Open Letter to Twitter and Chris Sacca

I love Game of Thrones. Mostly because I can’t follow it no matter how hard I listen. The creators/producers/HBO can’t possibly please everyone. The stories get deeper (for Twitter it’s the network). The gore, drama and fighting are also fantastic. If you spend some time with the show it draws you in. It’s pretty much …