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Piqqem
Piqqem was an online stock selection service. It is located in Los Altos, California Method It uses a method of selection based on the Wisdom of Crowds. It launched in the fall of 2008 with funding from early-stage Apple investor Mike Markkula (the first investor in Apple) and Tellme Networks founder Mike McCue Mike may refer to: Animals * Mike (cat), cat and guardian of the British Museum * Mike the Headless Chicken, chicken that lived for 18 months after his head had been cut off * Mike (chimpanzee), a chimpanzee featured in several books and document .... Piqqem encourages users to make predictions on stock prices with simple graphic icons or using online graphing charts. Piqqem then uses a proprietary algorithm to aggregate the expressed sentiments in graphics and symbolic form and compile those aggregate sentiments to provide predictions on share price movement based on the collective "crowd opinion." Critics Critics of Piqqem's approach assert that the stock market a ...
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Mike Markkula
Armas Clifford "Mike" Markkula Jr. (; born February 11, 1942) is an American electrical engineer, businessman and investor. He was the original angel investor, first chairman, and second CEO for Apple Computer, Inc., providing critical early funding and managerial support. At the company's founding, Markkula owned 26% of Apple, equivalent to each of the shares owned by cofounders Steve Jobs and Steve Wozniak. Early life Markkula's great-grandfather, Isak Ferdinand Markkula, was born in Sievi, Finland. He and his wife moved to the United States in either 1865 or 1883, depending on the source. Mike Markkula's first name ''Armas'' and last name ''Markkula'' are traditional Finnish names. His first name ''Armas'' means "dear" or "beloved" in the Finnish language. Markkula earned Bachelor of Science and Master of Science degrees in electrical engineering from the University of Southern California. Career Markkula made millions from stock options he earned as a marketing manager for ...
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Privately-held
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ...
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Investment Management
Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts or, more commonly, via collective investment schemes like mutual funds, exchange-traded funds, or REITs. The term asset management is often used to refer to the management of investment funds, while the more generic term fund management may refer to all forms of institutional investment, as well as investment management for private investors. Investment managers who specialize in ''advisory'' or ''discretionary'' management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management within the context of ...
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Los Altos, California
Los Altos (; Spanish for "The Heights") is a city in Santa Clara County, California, in the San Francisco Bay Area. The population was 31,625 according to the 2020 census. Most of the city's growth occurred between 1950 and 1980. Originally an agricultural town with many summer cottages and apricot orchards, Los Altos is now an affluent bedroom community on the western edge of Silicon Valley, serving as a major source of commuters to other parts of Silicon Valley. Los Altos strictly limits commercial zones to the downtown area and small shopping and office parks lining Foothill Expressway and El Camino Real. History The area was originally called "Banks and Braes". Paul Shoup, an executive of the Southern Pacific Railroad, and his colleagues formed the Altos Land Company in 1906 and started the development of Los Altos. The company acquired of land from Sarah Winchester. Shoup wanted to link Palo Alto and Los Gatos by making Los Altos a commuter town. It continued a train- ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Wisdom Of Crowds
''The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations'', published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group. The book presents numerous case studies and anecdotes to illustrate its argument, and touches on several fields, primarily economics and psychology. The opening anecdote relates Francis Galton's surprise that the crowd at a county fair accurately guessed the weight of an ox when their individual guesses were averaged (the average was closer to the ox's true butchered weight than the estimates of most crowd members). The book relates to diverse collections of independently deciding individuals, rather than crowd psychology as traditionally understood. Its central thesis, that a diverse collection of independently decidi ...
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Apple Inc
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the largest technology company by revenue (totaling in 2021) and, as of June 2022, is the world's biggest company by market capitalization, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Meta, and Microsoft. Apple was founded as Apple Computer Company on April 1, 1976, by Steve Wozniak, Steve Jobs and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977 and the company's next computer, the Apple II, became a best seller and one of the first mass-produced microcomputers. Apple went public in 1980 to instant financial success. The company developed computers featuring innovative graphical user inter ...
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Mike McCue
Mike may refer to: Animals * Mike (cat), cat and guardian of the British Museum * Mike the Headless Chicken, chicken that lived for 18 months after his head had been cut off * Mike (chimpanzee), a chimpanzee featured in several books and documentaries Arts * Mike (miniseries), a 2022 Hulu limited series based on the life of American boxer Mike Tyson * Mike (2022 film), a Malayalam film produced by John Abraham * ''Mike'' (album), an album by Mike Mohede * ''Mike'' (1926 film), an American film * MIKE (musician), American rapper, songwriter and record * ''Mike'' (novel), a 1909 novel by P. G. Wodehouse * "Mike" (song), by Elvana Gjata and Ledri Vula featuring John Shahu * Mike (''Twin Peaks''), a character from ''Twin Peaks'' * "Mike", a song by Xiu Xiu from their 2004 album ''Fabulous Muscles'' Businesses * Mike (cellular network), a defunct Canadian cellular network * Mike and Ike, a candies brand Military * MIKE Force, a unit in the Vietnam War * Ivy Mike, the first t ...
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Companies Based In Santa Clara County, California
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Financial Services Companies Established In 2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ...
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Investment Management Companies Of The United States
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ...
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