Social Funds

Unique model earns Cooper’s Hawk a big salary

It may not be entirely correct to call Cooper’s Hawk Winery & Restaurants a chain of restaurants, not in the traditional sense. And that’s why the company was able to achieve a meteoric valuation in its sale agreement with Ares Management. The private equity firm pays more than $ 700 …

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Battle Brewing Over Ohio Payday Lending Bill

A battle is brewing for payday loans in Ohio. There are more than 650 storefronts in the state, but the industry argues that a new bill threatens to shut them all down. However, consumer advocates say payday loans have circumvented state law for years to prey on desperate borrowers. Denise …

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Google Ventures backs LendUp to rethink payday loans

A startup called Flurish Inc., better known as LendUp, has raised $ 14 million in Series A funding to provide an online alternative to traditional payday loans, according to co-founders Sasha Orloff and Jacob Rosenberg. Google Ventures led the investment in LendUp, joined by Data Collective and QED Investors. The …

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