CFO Checklist: How to Mitigate Single Bank Failure Risk

Based on my research as a Contributing Editor at CFO.com Finance executives are on high alert in the aftermath of the failures of Silicon Valley Bank (SVB) and Signature Bank. Following the sudden collapse of the start-up focused lender SVB, it’s clear that without the appropriate contingency plans in place, the risk to companies is […]

Read More »

Silicon Valley Bank Collapse Puts CFOs on Notice

Written by Vincent Ryan and Wayne Spivak March 12, 2023 in CFO.com Finance chiefs must follow SVB’s collapse to assess their own exposure, and also to help guard their organizations from future interest risk. On Friday, Silicon Valley Bank (SVB) was closed by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit […]

Read More »

The “new” Scam?

I was approached years ago by several companies that wanted me to appear on their TV show. Boy they painted a great picture of the demographics of the audience, and the benefits of appearing.  It was really interesting until the gotcha,  it will only cost me $5,000, $10,000 or some other amount. Excuse me?  Guests […]

Read More »

KPIs and Benchmarks

I’m a participant on a finance orientated Slack Channel.  There are 3,700 participants, obviously not all active and of those who are active I’d say the majority are in the SaaS game. One of the questions that keep popping up is like this, “Hi Everyone, was wondering if anyone had a source of B2B SAAS […]

Read More »

Diversity Hiring? Be careful…

Just read an interesting posting on LinkedIn.  The post centered around what is legal and illegal during the hiring and recruitment phase vis a vis Diversity hiring. The question was “Is it still illegal to ask a candidate for employment for his/her race to determine if the person is “diverse” and can apply for a […]

Read More »

NFTs and Blockchain, is it worth it?

I went to an NFT event the other week. I learned a great deal from knowledgeable people about the NFT marketplace, and blockchain. Initial Opinion Before I went to this event, my opinion about Crypto (a giant Ponzi scheme) and NFTs were the same. You’re buying a piece of digital something (a non-tangible item) with […]

Read More »

Why one should never go into business

A recent LinkedIn discussion shows why there are people who should never go into business or give business advice. A “self-described Entrepreneur” posted about a disturbing trend. He was correct, it is disturbing, but nothing new. The trend was predatory “VC’s,” who offer limited dollars for exorbitant equity. These swindles are nothing new, as usurious […]

Read More »

Culture, Diversity, and Inclusion

Is it all encompassing? I have noted with increased frequency the use of these buzz words; Culture, Diversity, and Inclusion; populating both the media and individual writings found on social media. Culture, Diversity, and Inclusion appear in poll after poll, article after article. These words claim the terms as used are the reasoning behind the […]

Read More »

On the spate of Mass Shootings

Yesteryear When I was in grade school, in the middle of the Cold War, we had air raid drills. We were taught to duck under our desks. I always thought (and I think I did back then) that it was absurd, if a bomb (and if it was an Atomic Bomb), what was my desk […]

Read More »