The U.S. authorizes an American investment in a private business in Cuba

Jaime E. Love

A woman waits to be shown a dress in a private clothing and craft store in Havana, Cuba, Sept. 16, 2021.

A woman waits to be shown a dress in a private clothing and craft store in Havana, Cuba, Sept. 16, 2021.

AP

In what appears to be a first in more than six decades, the U.S. has authorized an American company to finance and invest in a private business in Cuba, an unprecedented move that could open the gate to American investment to help Cubans on the island gain economic independence from the state.

The U.S. embargo on Cuba, in place since 1960, prohibits most financial transactions involving Cuban nationals or entities, unless they fall under an exception or are authorized by a license. The people behind the recent initiative believe this is the first time the U.S. government has authorized direct financing and investment in a Cuban private enterprise.

The decision came last week, when the U.S. Treasury Department allowed a company headed by John Kavulich, president

Read More

Asenso Finance Crowdfunds For New Seed Round

Jaime E. Love

Asenso Finance, a fintech startup trying to make it easier for small businesses to receive loans from community banks and financial institutions, is looking to raise $1 million in a new crowdfunding campaign.


Manhattan Beach-based Asenso is using the crowdfunding platform Wefunder.com to find retail investors willing to back its seed round. The startup, which launched last fall and is backed by Los Angeles venture studio Talino Venture Labs, is raising the funds at a $15 million pre-money valuation. It is also offering seed investors special “Early Bird” terms: those contributing the first $300,000 will invest in a simple agreement for future equity (SAFE) at a $12 million pre-money valuation, or a 20% discount. As of Monday afternoon, it had raised nearly $91,000.

Asenso aims to close the round by the end of the first quarter or early second quarter, Carina Oriel, the firm’s corporate development and strategy lead, told

Read More

What Are The Qualities Of A Good Software Developer?

White label WEB OPTIMIZATION & hyperlink constructing providers. Our purchasers achieve superb outcomes due to our 1-2 combo of skilled digital marketers and the insights of our technology platform, MarketingCloudFX. WebFX has engineered a customized-built software program platform designed to help purchasers make smarter advertising selections utilizing tools like IBM Watson and Google Cloud Platform. Get actual-time analysis on how your web site is performing, what your pipeline appears like, what your competitors are up to, and what alternatives exist in your industry.

Google states, Information articles, Wikipedia articles, weblog posts, journal articles, discussion board discussions, and scores from unbiased organizations can all be sources of popularity info” but they also state specifically boasts about loads of web traffic, for example, should not influence the standard ranking of an internet page. What should affect the popularity of a web page is WHO has shared it on social media and so … Read More

Boxed Stock: A Technology-First Grocery Retailer (NYSE:BOXD)

Jaime E. Love

Mature woman steps out to pick up e-commerce grocery order

SDI Productions/E+ via Getty Images

Investment Thesis

Boxed (NYSE:BOXD), an online grocery platform went public through a SPAC merger last year with Seven Oaks Acquisition Corp. Unlike other SPAC companies that are down over 80%, its stock is holding up very well since its de-SPAC hovering around $10. It is now trading at $9.92 which represents a mere 0.8% loss from its SPAC price of $10. Backed by notable companies like Palantir (PLTR), Boxed has a really strong prospect in my opinion. Its platform makes bulk buying groceries online easy while providing a superior user experience. It also has a fast-growing proprietary e-commerce software that it licenses to other companies. The company is growing revenue while expanding its margin rapidly. I believe the stock is a hold right now as fundamentals are strong but profitability is still an issue and valuation is also a bit

Read More