investor

Investors rarely make or break a startup, but they can make life a hell of a lot easier or harder for an entrepreneur. That's why entrepreneurs need to put some thought into who they want to add to their team, instead of taking the first money that's offered to them.

But how do you choose the right investors for your startup?

There are hundreds of factors to consider, but some stand out more than others. While anybody can give you money, only a few can give you the sage-like advice you need to succeed. And while adding a … Read more

Foxconn, the manufacturing company best known for producing iPhones and iPads, saw sales drop considerably during the first quarter.

According to Reuters, which obtained a copy of the company's financials during the three-month period ending March, Foxconn saw its sales drop 19 percent to 808.9 billion Taiwan new dollars ($26.9 billion). During the same period last year, Foxconn's revenue hit 1 trillion Taiwan new dollars.

The bad news for Foxconn didn't stop there. The company said that its second-quarter revenue would be relatively flat compared to the prior period, and it might have trouble maintaining … Read more

To many investors last year, it must have seemed like an amazing opportunity -- giving financier Craig Berkman thousands in cash in exchange for early dibs at Facebook's highly coveted pre-IPO shares.

Berkman, 71, seemed trustworthy. He was a former gubernatorial candidate for Oregon, the state's Republican chairman between 1989 and 1993, and an ex-investment banker.

Little did they know that Berkman was said to have pocketed that money -- totaling $8 million -- and then allegedly used it to pay off debts and fund personal expenses.

Berkman was arrested in Florida today for allegedly defrauding investors in … Read more

Apple will likely tap into its hefty hoard of cash to fund a dividend increase of more than 50 percent, according to a consensus of six analysts surveyed by Bloomberg.

A quarterly dividend rise of 56 percent would cost Apple $4.14 per share, or $15.7 billion a year. That seems like a lot of money to most companies. But Apple is sitting on cash of $100 billion and has been under pressure to return some of that money to its shareholders.

Greenlight Capital's David Einhorn, a major Apple investor, has criticized the company for not sharing its … Read more

Just when it seemed like the Facebook shareholder lawsuits were easing up, the social network has been hit with a new IPO suit.

Investor Gaye Jones filed a new case against Facebook Chief Executive Mark Zuckerberg and the company's underwriters today, according to Reuters. Like several other investors that have sued Facebook, Jones claims that the social network knew about its weak revenue trends before its IPO but failed to disclose this information.

"The defendants were unjustly enriched because they realized enormous profits and financial benefits from the IPO, despite knowing that reduced revenue and earnings forecasts for … Read more

Apple opens up its doors to shareholders tomorrow, an annual event that's been home to everything from group renditions of "happy birthday" to environmental protesters donning giant iPod costumes.

It's also home to formalities like re-electing board members, choosing Apple's accounting firm, as well as a chance for executives to dodge the inevitable shareholder questions about products the company is working on.

This year is a little different though. Shareholders were set to vote on something that's no longer on the table following a lawsuit filed against Apple earlier this month.

Greenlight Capital, a … Read more

A federal judge said today he sees merit in an activist hedge-fund manager's lawsuit against Apple but did not issue a ruling on whether to block next week's shareholder vote on a proxy proposal.

U.S. District Judge Richard Sullivan declined to immediately rule on a request by Greenlight Capital to stop a February 27 vote because he wasn't sure the plaintiff would suffer "irreparable harm" if the vote was allowed to be held as scheduled.

"Candidly, I do think the likelihood of success is in favor for Greenlight," Sullivan said today in … Read more

Apple accused an activist hedge fund manager of attempting to hold investors "hostage" in his effort to get the electronics giant to share more of its massive cash reserves with investors.

The charge came today in Apple's response to a lawsuit filed last week by Greenlight Capital, which asserts that the company needed to distribute preferred stock to current shareholders and that Apple had balked at the idea when it was first discussed. The filing comes a day after Apple CEO Tim Cook called the lawsuit a "silly sideshow."

"Shareholders should not be held … Read more

Looks like there's a second act for Apple's "silly sideshow."

Another Apple shareholder is suing Apple, Reuters reported today. This time, it's over Apple's executive compensation policy, in addition to the company's intent to eliminate preferred stock for investors.

Pennsylvania resident Brian Gralnick has filed suit against Apple in an attempt to stop Apple from holding a shareholder vote on the two matters. The vote is scheduled for February 27. Gralnick has been a shareholder since 2007, but it's unclear how much of a stake in Apple he owns.

We've contacted … Read more