Balancing Act for Big Business

Reporter: Vested Staff

Balancing Act for Big Business: For anyone concerned about the wealth distribution among individuals, buckle your seatbelt — corporate America is just as bad. According to a report from Bloomberg News, just 10 percent of companies make 80 percent of the country’s revenue, while companies in the middle continue to struggle. Although the inequity itself isn’t new, the stark polarization between success and failure is.

More from Bloomberg: “As with individuals, a handful of companies make the lion’s share of profits, while struggling companies do so poorly they actually destroy value for their shareholders and debtholders. In the middle is a stressed-out majority: unable to keep up with the best, while pressured by the desperate tactics of the worst.”

Bachelors’ Bail-Out: As most of the country struggles with crippling college debt, 396 young men will graduate loan-free from Morehouse College thanks to their commencement speaker. According to the New York Times, Robert F. Smith, founder of Vista Equity Partners, surprised the group with a $40 million pledge. The announcement came on the heels of a heated political debate around the issue of student loan debt and a plan to make education more affordable.

Sleepless in Silicon Valley: Chances are, if you work for a start-up, you already get very little sleep — especially if you’re trying to replicate the bizarro habits of famous entrepreneurs. But now, the gods of Silicon Valley are taking the one, somewhat sacred time of the day and doing what they do best: turning it into a commodity through measurement and gadgets. It’s far from surprising, according to The Economist. The tech industry thrives off KPIs, analytics dashboards, and searching for ways to improve. No rest for the wicked.

Millennials: Moving Up or Barely Managing?: As American Millennials continue to age, the generation is entering “middle-age” in the worst financial shape of any living generation ahead of them, writes The Wall Street Journal. The generation staggers behind others in its wealth, its property ownership, its marriage, and its birth-rate. And yet, the massive demographic has had more access to education, “literacy,” financial planning apps, dating apps, and more. Experts point to the financial crisis as one of the largest sources of disparity between Millennials and other generations.

How Traditional Financial Marketers Compete with Fintech: Remember when the financial services industry was in its heyday 20 years ago? There were high barriers to entry, institutions had been around for centuries, and life was good. There hadn’t been a major disruptor since the invention of the ATM. Why has fintech been so successful? One reason is because of its stellar digital marketing strategies. Learn how those in traditional financial institutions can still compete with fintech campaigns on the blog.