Business

Raise is an online marketplace where you can buy and sell gift cards - and it has saved members a total of $150 million since 2013

4 monthes ago   |   By Business Insider

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.
Raise/Instagram
Few of us ever use all the gift cards we receive. Instead of letting them go to waste, you can sell them for free on an online marketplace called Raise.
You'll be able to set your own selling price, and after Raise takes a 15% commission from the sale, the rest of the money is yours.
You can also buy discounted gift cards to the places you really want. They're shipped to you for free or made available in your...
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2 Wall Street banks made millions selling the collapsing shares of MoviePass' parent company, as their analysts kept ‘buy' ratings on the cratering stock

2 Wall Street banks made millions selling the collapsing shares of MoviePass' parent company, as their analysts kept ‘buy' ratings on the cratering stock

4 monthes ago   |   By Business Insider

Hollis Johnson/Business Insider
As investors in MoviePass' parent company - the Nasdaq-listed Helios and Matheson Analytics - have seen the value of their stakes nosedive 99.99% in recent months, two Wall Street banks have made millions in fees selling the stock.
Since last August when Helios bought MoviePass, a popular movie-theater subscription service, the company has covered massive losses by selling new shares to the public and diluting previous shareholders.
To sell these new shares, Helios has primarily employed the services of two investment banks: Canaccord Genuity, which has...
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