June 5, 2020

Bitcoin bubble? Not just for hackers

Remember bitcoin? The online currency that burst into people’s consciousness a few years ago and then kind of drifted off to the margins, not really being of much significance to anyone outside money launderers and suchlike? Sweeping generalisations aside, bitcoin never really went away. The reason for its loud arrival in 2013 can be put […]

How quickly can a start-up achieve a billion-dollar valuation?

Imagine you have finished your MBA and have decided to set up a business on your own. You have a great idea for a new product/service that you believe will fill a gap in the market. The only problem is that this will require money to get off the ground and you don’t have that […]

UK Airport VAT Scam – Storm in a Teacup or more evidence of Tax Avoidance by Big Business?

In the UK it is the height of the holiday season with millions of travellers heading off to the sun, escaping the wind and rain of dear old Britain (mind you it’s sunny today). First stop for the holiday maker is the airport shops (now like shopping malls with an airport sideline).   Any purchase […]

Is bitcoin dying?

Bitcoin update The noise around bitcoin has quietened over the past year (see here for blog item last year). The price spiked up to about $1200 and in 2015 recently fell to around $200, a fall of nearly 85%. Over the past few weeks there has been a bit of a recovery in the price […]

How much for the taxi? $41billion!

What is it?  A $41bn taxi firm called UBER.  That’s a lot of money for a taxi business. What size is the global taxi market? Estimates put it at between $50 – $100bn. What share of that market can Uber expect to capture and how can that justify a value of $41bn? Well consider what […]

How many tulips will your bitcoin buy?

Source:  www.fanboysanonymous.com In 2013 the value of a bitcoin fluctuated between  $20 and $1000, in late March 2014 it is now priced at around $590, but it can be pretty volatile. (What is a bitcoin? Read here.) Bitcoin advocates claim it as an alternative currency that cannot be manipulated by politicians, in the way that […]

Facebook buys WhatsApp

Facebook has just bought WhatsApp for $19bn. Source:appleinsider.com –          So what, what’s WhatsApp anyway? It’s a messaging service over all mobile phone networks, which is essentially free for users, so they don’t need to pay for text messages, pictures or videos. –          So why is Facebook paying $19bn for something that is given away for […]

Should Google pay its fair share of taxes?

Why should companies pay tax?  An American billionairess once said ‘We don’t pay taxes, only the little people pay taxes’.  Big companies are thinking like that too – they don’t need to pay taxes if they don’t have too. Companies like; Google, Amazon, Apple, Starbucks pay very little corporate income tax.  Shareholders will be very […]