Stash is making investing accessible to everyone. The platform and app was started in 2015 and since then has grown to more than 1.2 million accounts and over 2.5 million content subscribers.
Brandon Krieg is the CEO and co-founder of Stash. He explains that Stash is not only about investing, it is also a learning platform. Stash opens up conversations between friends and family about investing and what to be looking for. Krieg says he is really proud of his customers.
The minimum investment in Stash is only $5, opening the door for all types of investors. In fact, over 80% of Stash customers are first-time investors.
When it comes to crypto, Krieg says they are waiting and watching. Krieg wants to get a sense of what regulators do and say. That being said, Stash customers are asking to invest in crypto. Krieg reveals that Stash will likely roll out a product sometime later this year.
Erika Nardini, CEO of Barstool Sports, joined Cheddar News senior reporter, Michelle Castillo at South by Southwest to talk about Barstool Sportsbook and the NCAA March Madness tournaments. "What we really believe is that there's going to be the next generation of sports bettor, [who] will follow sports the way Barstool Sports follow sports," she said. "They'll like winners. They'll like losers. They'll like the storylines. They'll like the drama with the fans.”
The movie theater chain and meme stock, AMC, bought a major share of Hycroft Mining Holding. The transaction makes AMC a 22 percent owner of the gold and silver mining company.
Twitter is pulling back its latest change after receiving major pushback from users. The feature pushed the user timeline experience onto a "home" feed that used individualized algorithms for displaying tweets rather than posting them in chronological order.
Cheddar catches up with Lior Keet, EY Emerging Technology Managing Director, at South by Southwest to discuss what's on the minds of today's tech leaders, and how IT can play a role in an organization's ESG agenda.
