Patblack

221 Flips | 8 Magazines | 60 Likes | 5 Following | 115 Followers | @mrpatblack | Keep up with Patblack on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Patblack”

The True Cost of Bad Credit

Your credit is critical to your overall financial health for at least three reasons.<p>First, bad credit means you pay higher interest rates when you …

Personal Finance

P2P Lending Is Profitable, Even In A Recession

Val Katayev Contributor<p>Val Katayev is the founder of Poise Lending.<p>People often ask me how I went from building multiple companies in ad tech, music tech, data analytics and mobile advertising to being a lending fund manager. It didn’t happen overnight. In fact, it was almost a decade in the …

Facebook Eavesdropped On Millennials To Learn Their Money Mindset

<i>Read the companion story, 8 Ways Millennials Can Combat Crippling Debt Stress.</i><p>Facebook crunched data, conducted surveys and took cues from users’ financial conversations to learn how Millennials approach their finances, and came up with insights based on more than 70 million users in the United …

Personal Finance

We’ll give unsecured credit on the go

With financial technology improving, new products or innovations hit the market at frequent intervals. A lot of this has to do with the evolution of …

Consumers don’t like video ads targeted using their browsing history

One of the key findings of a new survey conducted by Millward Brown is that out of all the types of video ad targeting on the market, consumers are least receptive to ads that target their browsing history.<p>Forty-one percent of people who responded to the survey said they were most receptive to …

Digital Advertising

Facebook adds 'shop' tab to push e-commerce

Facebook has taken another step toward its goal of making it easier for brands to reach customers and drive sales on mobile devices.<p>The company has …

eCommerce

News for October 2015

Russell Simmons: "I will not rest" until customers' trust is regained<p>ConsumerAffairs<p>Hip hop impresario and RushCard co-founder Russell Simmons is …

Online Lender Avant Gets $2 Billion Valuation

The company will use the proceeds of a massive $325 million funding round to expand its business of making unsecured personal loans over the internet.<p>Avant, the almost three-year old year old online lender that was once known as AvantCredit, is the latest startup financial services company to be …

Loans

Search vs Social: Where Should You Be Spending Your Advertising Budget?

It’s a battle that is heating up (but has been going on for years).<p>Everyone seems to have a different opinion or way of looking at it.<p>So what’s the …

Public Relations

Twitter Opens the E-Commerce Floodgates; Here Come the Buy Buttons

Twitter has some new partnerships -- which mean a lot more retailers can sell stuff in your timeline.<p>Twitter is getting serious about shopping — for real this time.<p>The social network has dabbled with a Buy button and product pages in the past, but on Wednesday it announced partnerships with …

9 ways you're cooking your steak wrong, according to the chef of Wall Street's oldest steakhouse

And even fewer home-cooked steaks compare to those of your local favorite steakhouse.<p>From fridge to plate, there are a lot of little secrets steakhouse chefs employ.<p>Thanks to executive chef Billy Oliva, we're now hip to those secrets. Oliva oversees the kitchen at one of Wall Street's favorite …

BBQ

Oakland sues Wells Fargo, alleging predatory lending on minority clients

The city of Oakland sued Wells Fargo on Tuesday, alleging the bank preyed on minority clients in mortgage lending, offering worse terms than white clients with the same economic standing.<p>The practice led to disproportionate foreclosures in minority neighborhoods in Oakland, costing the city …

Finance

16 More Startup Metrics - by Jeff Jordan, Anu Hariharan, Frank Chen

A few weeks ago, we shared some key startup metrics (16 of them, to be exact) that help investors gauge the health of a business when investing in …

Ben Horowitz

A master list of free tools for lean startups

Any entrepreneur worth their salt will be excited at the thought of accessing free yet functional tools. Been there, done that, and having run from …

Obama unleashes big tweetstorm to show how much better the country is since he became president

Lehman Brothers, the giant investment bank, collapsed after the housing-market crash came to a head.<p>A sharp plunge in the stock market followed.<p>The US economy's collapse came right in the middle of the 2008 presidential election, and Barack Obama was elected less than two months later with an …

Economy

Peer-to-peer lender Zopa did £265 million in loans last year — but still lost £5 million

Accounts for 2014 filed with Companies House on Friday show revenue jumped from £5.3 million ($8.17 million) to £11.4 million ($17.5 million) in the year to December 2014.<p>But losses also jumped from £2.5 million ($3.8 million) to £5.6 million ($8.6 million), as Zopa poured more money into growing …

Demandbase buys data provider WhoToo for better B2B targeting

Demandbase, which provides B2B targeted marketing, is today announcing it has bought data provider WhoToo.<p>Terms of the deal were not made public. CEO Chris Golec told me the acquisition will allow Demandbase to add a “finer layer and more sophisticated targeting” as it ingests WhoToo’s hundreds of …

AdTech

Pinterest Targets Search Ad Budgets

By<p>Suzanne Vranica<p>Suzanne Vranica<p>The Wall Street Journal<p>Biography<p>@VranicaWSJ<p>Suzanne.Vranica@wsj.com<p>Pinterest is trying to distance itself from the Facebooks of the world in an effort to convince advertisers that it deserves a piece of their search advertising budgets.<p>Over the past few months, the …

Dow Jones

Facebook's Atlas takes digital advertising beyond the cookie — here's how

For years, digital marketers have been shackled to an increasingly outdated technology known as cookies, which are still used to measure and target digital ads.<p>Cookies — bits of code dropped into web browsers — are known to generate poor approximations of how many people view a digital ad, …

Digital Advertising

U.S. Consumers Now Spend More Time In Apps Than Watching TV

At yesterday’s Apple event in San Francisco, CEO Tim Cook spoke about the need to bring apps to the TV’s big screen, while introducing the new Apple TV. Today, a new report from Flurry also highlights how apps have edged their way further into our lives, noting that, for the first time ever, the …

The siege of Herbalife

At about 2 p.m. on Wednesday, Dec. 19, 2012, CNBC’s Kate Kelly broke the news that billionaire Bill Ackman’s hedge fund had taken a massive short …

Indian ecommerce war moves to the data front: Snapdeal buys Silicon Valley startup

Reduce Data<p>Shopo: This marketplace for artisanl goods was acquired in May 2013 and relaunched as an app-only, zero-commission marketplace last in …

E-Commerce Feed Management Company Lengow Secures €10M Series B

Lengow, which claims to be the European leader in “e-commerce feed management,” has closed a Series B round.<p>The French company, originally backed by Kima Ventures, the personal fund of French billionaire Xavier Niel, has raised €10 million in new funding from Serena Capital, BPI and Series A backer …

GOAT Lets You Cop Kicks Without Getting Jacked

Yesterday on Facebook, a man named Matt Neal sent out a plea. He’s 26, his blood type is B+ and he has a failing kidney. His ask? “One working kidney from a true sneaker head.” His offer? A pair of some of the hottest sneakers on the planet at the moment, Yeezy 350 Boosts.<p>The pair of sneakers is …

Shoes

Here's How Startups Actually Start Up

There’s a sucker born every day — or so they say. But the way startup fever has been spreading across the land, it almost feels more like there’s a …

The startup game, and why I find Founderfox's crappy looking pitches refreshing

I’ve wasted way too long today looking at Founderfox’s low-rent, self-service pitch platform, but I find the videos – of people pitching while sitting in cars, stood around in the park, wherever they like – strangely compelling in a tech world dominated by high-budgets.<p>As well as receiving a lot of …

Startups

PredictSpring Helps Brands Embrace Mobile Shopping

Longtime Googler Nitin Mangtani (manager for a number of products including Google Shopping) has founded a startup of his own, PredictSpring, where he’s working to help brands and retailers get up-to-speed with mobile commerce.<p>To illustrate why PredictSpring is necessary, Mangtani pointed to …

Strong Start for Instagram Ads in Early Going (Report)

Salesforce analyzed the Instagram ad performance of 12 of its clients and found that the Facebook-owned photo- and video-sharing network fared better …