Investors beware: Snap’s secrecy at odds with IPO

Drew Pascarella, lecturer of finance at the Samuel Curtis Johnson Graduate School of Management, says that the photo-sharing social network Snap, which officially filed for an IPO on Thursday, has a history of secrecy that is at odds with its now public profile.   Bio: https://www.johnson.cornell.edu/Faculty-And-Research/Profile?id=ddp4   Pascarella says: “Investors, beware. Snap’s dismissive behavior towards […]

Massive new investment shows Uber is early leader in mobility industry

Uber raised $3.5 billion from Saudi Arabia’s Public Investment Fund this week, one of the largest cash infusion made by a private investor into a start-up. Drew Pascarella is lecturer of finance at the Samuel Curtis Johnson Graduate School of Management. Before joining Cornell University Pascarella has spent 15 years working at bulge bracket investment […]