Global market share of 1%. But market cap = combined total of Toyota, Volkswagen, Daimler, GM, BMW, Honda, Ford. Raised $10 billion in three months by selling shares.
Startup investors making hay while the sun shines. Public in blindly exuberant feeding frenzy. But the IPO ETF is down 3.0% today, on too much hot air?
Plaid asks for your bank credentials, logs into your account, and obtains your banking data, such as balances, assets, transaction history, and debt. Visa wants to buy it all.
Why do bondholders and leveraged speculators have to be enriched, instead of providing fiscal relief to the unemployed and small businesses? That’s the question.
