Chinese venture capitalists are using redemption rights clauses to hound failed founders for repayment, leading to asset seizures and placement on a national debtor blacklist, hindering their ability to start new businesses. With over 80% of Chinese venture deals including redemption provisions, founders face severe consequences for failing to meet set targets. The absence of personal bankruptcy laws in China exacerbates the situation, leaving many entrepreneurs trapped in debt and facing legal actions from investors seeking to recoup their investments.
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The Smartest S&P 500 ETF to Buy With $500 Right Now
Investing in the stock market can be simplified by mirroring the S&P 500 index, which offers great long-term results without the stress of individual stock performance. For those with a $500 budget, the SPDR Portfolio S&P 500 ETF (SPLG) is an affordable option at $70 per share, compared to pricier alternatives like Vanguard and SPDR ETFs. Explain It To Me Like I'm 5: You can invest in a big group of companies easily by buying...
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