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?
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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
This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay