Talk about the ultimate camera flip: it has come to light that some savvy camera collector (or investor) won a rare Leica camera at auction in 2019 for $24,000 before turning around two years later and re-selling it at auction for a staggering $480,000.
If you were an investor in Kodak prior to this week, you're probably grinning from ear to ear right now. After news emerged yesterday that Kodak is doing a major pivot into drug manufacturing with a $765M loan from the US government, mom-and-pop investors are now piling into KODK, sending the stock soaring over 2,000%.
Activist investor Daniel Loeb is reportedly using the current low stock prices to build a bigger stake in Sony and "push for changes," including spinning off the brand's image sensor business into a separate entity called Sony Technologies.
If you’re looking for a fun photography-related way to invest some money, you might want to look into photobook …
In March 2011 we reported that an iPhone photo sharing app called Color had raised a whopping $41 million in funding before it had even launched. Sequoia Capital, one of the most prominent VC firms in Silicon Valley, invested more money in Color than they had originally invested in Google. Now, just three short months later, Color is still struggling to find users while its less-funded competitors are leaving it in the dust.