Startups & VC

2022-06-07 14:02:03 The Biggest Companies Making the Least Money

Large companies making billions and billions of dollars in revenue are designed to earn their investors and stakeholders fortunes.

Unless — they just don’t?

The reasons for why large companies that are losing money are kept alive vary, however, as seen in an analysis of enterprises with more than $12 billion in revenue which were included on the Forbes Global 2000 list of the world’s biggest companies Открыть/Комментировать

2022-06-06 21:02:03 The Evolution of the Crypto Economy

Ever since the birth of Bitcoin back in 2009, the rise of the cryptocurrency market has been marked by turbulence, with both major advances and setbacks.

Our infographic takes a look at the evolution of the crypto economy over the past decade, with data from Statista’s Digital Economy Compass study

As our graph also indicates, the importance of Bitcoin, once ultra-dominant in this market, is starting to decline in the face of the rise of other digital assets such as Ethereum.

Today, Bitcoin represents between 40 percent and 50 percent of the market capitalization of all cryptocurrencies, compared to around 80 percent in 2014 Открыть/Комментировать

2022-06-06 14:02:03 Inflation Woes Abound in Developed Nations

Strong economic recovery following the end of the lockdown era of the coronavirus pandemic caused the price of goods and services to rise in 2021 in many developed nations, according to the OECD

Previously, inflation had risen much more slowly and even stagnated during the first year of the pandemic.

As of April 2022 - the latest month available -, the Consumer Price Index by the OECD rose by 8.3 percent year-over-year in the United States while in Europe the increase was 7.8 percent Открыть/Комментировать

2022-06-05 21:02:03 India's Venture Capital Grows While China Flails

In Q1 of 2022, Indian venture capital funding almost doubled year-over-year as investors are focusing increasingly on the market following China’s introduction of new regulatory measures in its tech sector

The trend already became visible last year but new developments show that India could soon profit even more from the pivot towards it. Открыть/Комментировать

2022-06-05 14:02:02 U.S. Gas Prices Reach New Heights

Americans are plagued by inflation in many different ways, but gas prices must be one of the worst headaches.

The price of one gallon of regular reached a new all-time high for the fourth week in a row on Monday, now sitting at $4.62 on average

The previous record set in the summer of 2008 was first surpassed on March 14, following the initial market shock of the Russian invasion of Ukraine Открыть/Комментировать

2022-06-04 21:02:02 More Chinese Sellers Rely on Strategically Placed Warehouses

The practice of spreading merchandise around strategically placed warehouses closer to one’s usual customer base has recently become more commonplace for Chinese B2C sellers shipping outside of their home country.

In 2020, so-called forward-location warehouses were used for 40 percent of the outbound B2C logistics market

Another trend that is speeding up delivery times while cutting costs is the direct line model, in which orders of more seasonal or trend-based items are (air-)freighted in bulk to the U.S. and Europe, before being handed over to local delivery services for last-mile fulfillment Открыть/Комментировать

2022-06-04 14:02:02 Turkey Takes the Lead for Mobile Banking Customers

Turkey is the country with the highest share of mobile bankers, with 85 percent of respondents saying it was how they carried out their transactions, according to the latest data from the Statista Global Consumer Survey

The U.S. and UK on the other hand saw lower rates of mobile banking usage, at only 58 percent, and 65 percent respectively.

Online banking was carried out by 46 percent of Americans, and 47 percent of Brits Открыть/Комментировать

2022-06-03 21:02:03 New Home Sales Plunge in Face of Surging Costs

Sales of new single-family houses dropped for the fourth consecutive month in the United States, as potential home buyers face a perfect storm of unfavorable conditions.

According to figures jointly released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, new home sales fell to a seasonally adjusted annual rate of 591,000 in April, the lowest it's been since April 2020, when the Covid-19 pandemic left markets flooded with uncertainty Открыть/Комментировать

2022-06-03 20:52:16 Silicon Valley investor has created his own Telegram channel!

He shares secret startup insights and useful analytics for free!

— How to create a startup and move to Silicon Valley?
— How to raise funds for your business?
— 5 mistakes that 4 of 5 young startup founders make.

Warning: reading this channel 5 minutes a day increases your chance of becoming rich 94% Открыть/Комментировать

2022-06-03 14:02:03 Zoom Consolidates Pandemic Gains

More than two years into the Covid-19 pandemic, life has returned to normal in most parts of the world.

With that return, some of the companies that profited from lockdowns and lifestyle changes brought about by the pandemic suddenly found themselves struggling.

Zoom, one of the biggest "lockdown winners" of 2020, is banking on that new way of working, and despite its stock price telling a different story, the company has managed to build on its pandemic growth spurt, albeit at a slower pace.

As the following chart shows, Zoom saw its revenue skyrocket throughout the fiscal year ended January 31, 2021

For the twelve months ended January 31, 2021, Zoom's revenue amounted to $2.65 billion, up more than 300 percent from just $623 million the previous year Открыть/Комментировать