article thumbnail

Collateralized Debt Obligation (CDO)

Wall Street Mojo

CDOs are considered highly astute financial instruments Financial Instruments Financial instruments are certain contracts or documents that act as financial assets such as debentures and bonds, receivables, cash deposits, bank balances, swaps, cap, futures, shares, bills of exchange, forwards, FRA or forward rate agreement, etc.

Debt 52
article thumbnail

Empire Building

Wall Street Mojo

In 2006, it acquired YouTube, the world’s largest video-sharing platform, further expanding its presence in the media and entertainment industry. The company then introduced various services, such as Gmail, Google Maps, Google Drive, and YouTube, among others, establishing its presence in different online domains.

article thumbnail

Tech unicorns UK – complete guide to the billion-dollar club

Growth Business

Banking software Bio: Thought Machine is a banking software provider whose customers are financial institutions. The London-based company raised $478m in early 2021. #40 – PPro Value: $1bn Founded: 2006 What do they do? 35 – Thought Machine Value: $1bn Founded: 2014 What do they do?