Share to Twitter Share to Linkedin Michel Kilzi is a serial entrepreneur, data intelligence expert with a vision to redefine the role of data as an asset. If there’s one thing that’s the talk of the town today, it’s the metaverse. A blend of virtual reality, augmented reality, sensorial tech and spatial computing, the metaverse promises to give us new experiences from our couches or cubicles. But the metaverse is not just some gaming space, sci-fi dream come true. Nor is it limited to tech companies—it is an entirely new economy. Even traditional firms, including restaurants like McDonald's and retailers like Nike , are preparing for the metaverse to become a space where you’ll be able to go shopping, play games, meet friends, attend concerts, work and generally build a virtual life. Since the metaverse is still in its infancy, there is no clear path to profitability for most businesses; everyone is scrambling to strike gold first. As we … [Read more...] about The New Virtual Economy Of The Metaverse
Global tech trends 2017
Share to Twitter Share to Linkedin It's going to be a busy summer travel season. And different. The summer travel advice from experts is different, too. Domestic travel volume will rise 16% over last year, with almost 75% of Americans planning to travel domestically for summer vacations, according to Allianz Partners' Top 10 Summer Destinations review . And travel to Europe will soar 600% over last year. "The floodgates have opened," says Valentina O'Kane, owner of Incognito Global Travel , an affiliate of Embark Beyond. "People are rushing to get out there again. The popular tourist destinations are overbooked, with little if any availability. They are going to be overcrowded and overpriced this summer." I just interviewed 200 top travel experts about what lies ahead for travel. Here's part one of my series , which outlines what to expect in the next three months. There are two important takeaways. Covid is far from over, so you may … [Read more...] about Don’t Go There! Expert Summer Travel Advice For Your Next Vacation
Share to Twitter Share to Linkedin Lane Kawaoka is a Podcaster for SimplePassiveCashflow.com & Real Estate Syndicator of 1B AUM (7500+ rental units) For those investors searching for assets that can withstand the test of time, I believe real estate prevails. Whether through a market crash, health crisis (like a pandemic) or even an increase in interest rates, real estate can still work for you. While I admit it can be challenging to find new deals right now, if the price is right, who can stop you from investing? Overall, downturns are inevitable, and as investors, we need to prepare for them. If you’re investing in equities, for example, you shouldn’t focus on one category alone. The same thing goes with real estate; you need to expand and diversify your real estate portfolio to lessen the impact of any downturn. It has been shown time and time again that being prepared helps beat future recessions. Real Estate Portfolios A real … [Read more...] about Expanding Your Real Estate Portfolio: Types Of Real Estate To Consider
Beijing should allow more open debate on the consequences of its zero-Covid policy amid fears the country is “losing more than it gains” from harsh lockdowns that are taking an enormous toll on the economy, Chinese experts say. The recent Omicron wave and corresponding containment measures hammered the world’s No 2 economy harder than expected in April , fuelling worry that China may not achieve economic growth of “around 5.5 per cent” this year. Though Beijing is rolling out support for the economy, it is refusing to budge from its zero-Covid strategy, saying it is putting people and lives first. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. However, comments from a high-profile economics professor at the weekend have called the government’s approach into question – and … [Read more...] about China’s zero-Covid policy questioned as expert says ‘stabilising the economy will protect lives’
Share to Twitter Share to Linkedin Sergey Gribov is a Partner at Flint Capital , an early-stage venture fund that invests across Israel, USA and Europe. In 2021, American VC-backed companies raised $329.9 billion . This is a nearly 100% increase over the record-breaking $166.6 billion raised in 2020. On top of this, early-stage VC activity surpassed $80 billion for the first time, and annual exit values soared to more than $774 billion. This huge influx of funds led to skyrocketing startup valuations in 2021. However, as the end of the Covid-19 pandemic appears to be on the horizon, entrepreneurs and investors alike are wondering what the future holds. Can these sky-high valuations last? Is this investment frenzy sustainable, or should we brace for a crash? Fortunately, the answers to these questions paint a brighter picture than you might expect. How The Federal Reserve Influences The VC Market The U.S. Federal Reserve is … [Read more...] about Startup Valuations Now: Are We In A Bubble?