NASDAQ’s CEO says bringing more people into capital markets is the way to create ‘inclusive capitalism’

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Adena Friedman, CEO of the online stock exchange, argues that creating value for all stakeholders will ultimately create more value for investors. NASDAQ is committed to achieving “inclusive capitalism,” said CEO Adena Friedman at the Fast Company Innovation Festival . What does that mean for the stock exchange? Bringing more first-time investors into the fold, creating an ecosystem to allow more companies to go public, and changing existing structures so that all stakeholders in a business share a company’s wealth. Read Full Story

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Trading platform Robinhood suffers another outage–on one of the most volatile days the stock market has seen

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Markets are crashing on coronavirus fears, but Robinhood users are unable to trade stocks due to another outage. Robinhood, the app-based trading platform popular with first-time investors, is currently suffering an outage resulting in users unable to make trades. Robinhood itself confirmed the outage in a tweet admitting “trading is currently down.” Read Full Story

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New data shows the number of women-led VC funds is exploding

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In an industry known for its dearth of women, a survey reveals a bright spot in the push for gender equity. Picture a classroom-style conference room with 50 angel and venture capital investors. A young woman of color pitches her startup: a promising team with great traction in a sector that’s poised to explode. When she’s done, hands shoot up into the air for questions. She points to the first one she sees. And this is what he asks: Read Full Story

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