We caught up with Akshay on what he learned from his Tip'd Off journey, from the day he started it to the day it got acquired. While admittedly, it was a very hard decision for Akshay and his cofounders to sell Tip'd Off. They just couldn't let go of this opportunity of a successful exit, with their investors and employees in mind as well.
According to a recent report by SFI, the total assets under management with a sustainable or responsible investment mandate is approximately 18 percent worldwide. This reflects a 929 percent increase since 1995. Investors are not only looking to eliminate negative impacts from their portfolio, they now want to make a positive impact with their dollars.
I've stated repeatedly that a massive amount of stimulus has been required to generate GDP growth of just 2.0%-2.5% annually since the end of the Great Recession (June 2009). We have further said that the removal or reversal of some of these stimulants will be a tough hurdle for the economy to overcome.
If one business leader is more presidential than several of the candidates currently running for president in 2016, it is Warren Buffett. The financial guru, philanthropist and billionaire is more than just the most successful investor of the 20th century. He embodies the traits and leadership skills that make a great president.
Since the Supreme Court's decision in Citizens United more than five years ago, the potential for corporations to secretly spend shareholder money to influence elections has been an ever-increasing threat to investors. The investors the SEC is charged to protect have called on the agency to deal with this problem, but thus far Mary Jo White hasn't moved the rule forward.