Clarification.Shane Rodgers, a principal of Signal Capital Management, a start-up Start-up The earliest stage of a new business venture. hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" that was featured in an April 10 article headlined "Hyping Pipe," said his firm seeks to invest in established, well-managed companies with a clear path to growth and with market capitalizations Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of $50 million to $1 billion. |
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