PYMNTS

APRIL 16, 2019

When they are filtered through smart AI that is learning all the time, along with “fancy math,” it allows Upstart’s system to approve more borrowers at a lower cost than traditional systems can because the Upstart system is more accurate in assigning risk.

Banking 89

Banking Math Credit Risk Education 89

PYMNTS

NOVEMBER 11, 2016

Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. Meanwhile, in Australia, bitcoin competitor Dash has been integrated into cryptocurrency startup company Living Room of Satoshi.

Math 76

Math Startups Securities Currencies 76

PYMNTS

FEBRUARY 20, 2017

While the fundamentals of math, science, English and social studies are still at the core of learning, the various technologies surrounding nearly every aspect of everyone’s lives is unavoidable. One company helping to lead the charge is coding startup Ozobot. Hamda said: “Ozobots have always been used outside of coding.

Education 43

Education Math Startups Retail 43

PYMNTS

MAY 19, 2016

Apple kicked things off this year, announcing back in January that it had purchased Emotient, an AI tech startup in the facial recognition business. In fact, the very term “structured data” connotes less of an association with science fiction and more with something like … factual math. Did Apple say why it bought that company?

Math 46

Math Startups Retail eCommerce 46

PYMNTS

DECEMBER 28, 2016

Any startup bumps or battle wounds you can share? So I would say we’ve had many more challenges than your typical Silicon Valley startup. We’ve built an amazing team, and we try to solve issues through math or engineering. I can tell you we have hundred of clients. That’s really interesting. It’s very complicated what we do.

Securities 69

Securities Math Startups Technology 69

CFO Plans

MAY 26, 2021

A startup is a chaotic place. Well, a little bit of 5th grade math. By Umesha Lakshani, Client Group Controller at CFO Plans Inc. It has to be! The team is learning, trying, sweating, pushing, wearing multiple hats and trying to stay afloat. It is no crime that setting up a payroll properly is the last thing in the founders’ mind. .

Math 40

Math CFO Startups Planning 40

PYMNTS

JANUARY 19, 2017

Lucy Crespo, CEO of the Puerto Rico Science, Technology and Research Trust, a public-private trust working to transform the island into a tech hub by 2020, noted that Puerto Rico graduates 22,000 STEM (Science, Technology, Engineering and Math) students per year, of whom 60 to 70 percent leave the island.

Math 44

Math Startups Nonprofit Manufacturing 44

PYMNTS

NOVEMBER 16, 2017

Touch of Modern eventually found its way to Israeli startup Tipalti , thanks to the guidance of an investor, and has been working with the tech startup for five years now. Meanwhile, Wu doesn’t have to triple-check his math anymore: All that tax compliance stuff is simply embedded into the system. “We

Math 46

Math Compliance Currencies Startups 46

PYMNTS

APRIL 11, 2016

One of the consequences of the startup unicorn phenomenon is that the success of the rare few who manage to scale effiencetly overshadows the sheer difficulty involved in getting to that point at all. This minutia of getting a unicorn off the ground has largely been lost in the haze of uber successful startups like, well, Uber.

Math 40

Math B2B Startups Marketing 40

PYMNTS

MAY 4, 2016

Prosper also spent $40 million to acquire medical loan provider American Healthcare Lending LLC and personal finance startup Billguard Inc. Changing market conditions (and some higher-than-expected default rates) have changed the math and softened investor interest some. And though Prosper was valued at $1.9

Profit and Loss 42

Profit and Loss Math Healthcare Retail 42

PYMNTS

DECEMBER 20, 2017

Shrad Rao, CEO of payroll startup Wagepoint , says small business owners that suddenly find themselves in charge of payroll struggle to acclimate quickly to a process that can be complex and confusing. Payroll is a combination of math and moving money,” the CEO noted.

Math 44

Math Finance Startups Numbers 44

PYMNTS

JANUARY 6, 2017

That’s part of the premise behind ShopSeashells.com , the flagship site and latest iteration of startup Seashells (we’ll stop with the alliteration in a moment). The advent of digital gifting may be paving the way for instant cash back. We are using that to pay instantly,” Hines said. “By By doing that, we can pass along cash back instantly.

Math 41

Math Retail Startups Accounting 41

PYMNTS

JULY 14, 2017

Sizzle: European startups: Startups get validation when big investors put their money to work. Prime numbers may have been confusing in high school math, but here they are the type of numbers that make retailers smile.

Advertising 40

Advertising Math Startups Forecasting 40

PYMNTS

JANUARY 15, 2019

In other words, some of their identity attributes can help them attain housing, a job or credit – but that identity might not be very good: That is, it might be bad data, inaccurate data or data filled with bad math. As a result, 3.5

Math 43

Math Technology Numbers Banking 43

PYMNTS

JULY 13, 2017

Peapod was one of the earliest Internet startups to offer grocery delivery services, so it only makes sense that the company would strive to stay at the forefront of the grocery sector – now more than ever, as the changing grocery landscape threatens to cull the weakest players in the space.

Math 40

Math eCommerce Planning Startups 40

PYMNTS

AUGUST 16, 2016

That “team of geeks” would be the folks at Adore Me , the disruptive eCommerce lingerie startup founded by a Harvard Business School student in 2011 after he couldn’t find his girlfriend any affordable lingerie online for their anniversary. 15) to explain just how the company figured out “The Math Behind Lingerie Models.”.

Math 41

Math Management Consulting Sales eCommerce 41

PYMNTS

APRIL 7, 2017

Last month at PYMNTS Innovation Project, author and Harvard PhD mathematician Cathy O’Neil spoke to the audience about how the biases that can be built into models can lead to a very dangerous situation when the algorithms become WMDs: weapons of math destruction.

Credit Risk 49

Credit Risk Math Leverage Technology 49

PYMNTS

OCTOBER 3, 2017

But at some point, unit economics has to play a part, and when they sit back and do the math and discover that they are spending more on their customers then they are making, they’ll end up in trouble.”. And this, he noted, speaks to a bigger issue that FinTech has over other kinds of tech.

Math 43

Math Banking Marketing Startups 43

Barry Ritholtz

NOVEMBER 21, 2023

Brad Gerstner is a founder and investor in technology startups. And he had a little startup RV company called Forest River. But one of the things I learned in that first startup, I had two guys on the two investors who were not traditional venture capitalists. What can I say? Once again? I have an extra special guest.

Investments 98

Investments Marketing Startups Accounting 98

PYMNTS

JUNE 14, 2019

It is a complicated question — and one greatly dependent on how exactly one lays out the math. delivery startup that raised $575 million in funding. And while Jetblack is more costly than Prime by a wide margin, it is less expensive than startups like Hello Alfred and Magic , which offer similar services at a higher price point.

eCommerce 40

eCommerce Retail Leverage Marketing 40

CFO News Room

NOVEMBER 23, 2022

I talked to Lenore Blum , she was one of the first professors of math at Berkeley, and she was talking about how difficult it was and how eventually her contract was not renewed, how she was almost kicked out of her next university, before she went on to a great career and success.

Leadership 130

Leadership Technology Math Numbers 130

PYMNTS

MARCH 14, 2016

Is it a stealth startup from Silicon Valley? Many of the most dynamic public companies, from Alibaba to Visa, and many of the most valuable startups, like Uber, are multisided platforms. It’s like being asked to figure out the solution to one of those unsolved math problems that mathematicians work on for years before they go insane.

Startups 43

Startups Economics Math Securities 43

CFO News Room

DECEMBER 1, 2022

” Everyone starts doing the math of what their typical clients pay multiply by 300 clients was like, “This is mind-blowing profitability, effectiveness of the firm. Every cute little toy startup that comes around with the goal…that has the goal of removing the most expensive part of the equation, the human, right?

Technology 130

Technology Planning Investments Leverage 130

CFO News Room

NOVEMBER 3, 2022

It’s probably a little bit towards the low end for advisors, but it makes the math easy with the 30-month day. And every once in a while, you see… And I purposely go talk to these people because every once in a while, you see somebody who’s like brand new with their startup and you don’t know what it is.

Numbers 130

Numbers Planning Communication Marketing 130

Barry Ritholtz

SEPTEMBER 19, 2023

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. Two reasons.

Investments 59

Investments Math Risk Management Benchmarking 59

PYMNTS

JANUARY 11, 2017

But I also don’t think it’s sexy enough for most startups because we’re not a B2C business, and we’re not an app. For homeowners, we don’t want them to have to do math or take a cut of what they receive. AM: It’s a fascinating question! KW: Let’s talk about the business model.

Communication 40

Communication Math B2C Marketing 40

Barry Ritholtz

JANUARY 9, 2024

So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? It was derivatives math, it was like working with the traders on like risk management. Like, like the, you know, like the accounting standards.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Finance Math Banking 52

Barry Ritholtz

APRIL 29, 2023

Institutional Investor ) • Bringing the lofty ideas of pure math down to earth : There is no shortage of popular books and lectures on math—but they can only teach us so much. ( MIT Technology Review ) • How the World Is Spending $1.1 MIT Technology Review ) • How the World Is Spending $1.1

Math 111

Math Startups Technology Marketing 111

Barry Ritholtz

JANUARY 17, 2023

Tight Money Will Pressure Startups to Sell in 2023 : Startups holding out for an IPO or Figma-scale acquisition are likely to be disappointed ( Businessweek ). The joy of sets : Why won’t our artistic-literary establishment recognise that there’s mystery, beauty and humanity in maths? A Wealth of Common Sense ). up from 3.2%

Math 97

Math Startups Sales Investments 97

CFO News Room

NOVEMBER 29, 2022

It seems that whether you work in government, a not for profit, tech startup, corporation, or even your own business, the part of the economy that is claiming positive social impact is growing rapidly. And I am a lover of math. I was a math nerd in high school. Math is one of my favorite tools.

Nonprofit 130

Nonprofit Math Economics Valuation 130

PYMNTS

MAY 15, 2017

Bitcoin uses math — and math equations that anyone can solve and see — to provide this cash-like feature. Speaking of math, doing it helps explain that big billion dollar-plus number. Japan has clamped down on them, with complaints, naturally, that regulations make it too hard for startups to operate.

Currencies 62

Currencies Math Startups Technology 62

Barry Ritholtz

SEPTEMBER 19, 2022

WENGER: Yeah, that had really been my goal since my own first startup in ’96, ‘97, which was a company called W3Health that ultimately failed. From that experience, I realized that I really loved startups, but then I was never going to be good operator, but I thought I could maybe be a decent investor. Why is that?

Valuation 122

Valuation Investments Marketing Technology 122

PYMNTS

MAY 25, 2018

The MATH doesn’t add up,” Jefferies analyst Randal Konik wrote in a note to clients. The market Victoria’s Secret is competing in has evolved to reach out to customers in a very different fashion: The lingerie startup brigade push hard for inclusion and personalization.

Math 43

Math eCommerce Retail Advertising 43

CFO News Room

DECEMBER 6, 2022

Particularly, 10 years ago, this is a new startup or just in the very early days of “robo-advisors.” And if you went through the math, it gave us hundreds of hours that a typical firm would spend. And it’s something that, as a tech startup and as an online digital brand, we think very much about.

Planning 130

Planning Budgeting Investments Communication 130

Barry Ritholtz

JANUARY 21, 2025

But the numbers you can’t argue with, I mean, we all know that the brutal math of investing before costs investors collectively will earn the market return after costs. And then I was approached by Citigroup about being director of financial education for this startup called MiFi. You know, what would happen next?

Investments 59

Investments Finance Education Marketing 59

PYMNTS

OCTOBER 25, 2016

Cofounder and CEO of Russian artificial intelligence startup Luka Inc., Bennett said: “If you look under the hood of AI, it’s all made of rather mundane math.”. But as an entertainment asset, it was pretty weird and not even close to ready for prime time.”. Forget Joey, how about bringing back someone from the dead via chatbot?

Entertainment 71

Entertainment Math Startups Planning 71

PYMNTS

DECEMBER 24, 2018

That, he noted, will be a very paced process — since the mistake startups often make in attempting to scale up is biting off more than they can chew operationally. Instead the startup buys the vehicle and enters into an agreement in which the driver will pay for that car on a month-to-month basis.

Math 60

Math Startups Risk Management Compliance 60