With the global average life expectancy reaching over 70 years, it is more important than ever today to make services of all kinds more accessible to the elderly. The COVID-19 virus and the threat it poses to seniors has also been an important reason why they have shifted to the digital realm for their necessities.
The global startup ecosystem has been expanding since 2009, and as of 2021, the global startup economy is worth US$3.8 trillion in ecosystem value. With the startup ecosystem performing so well, who wouldn’t want to make the most of the explosive growth? Whether you are a budding entrepreneur or a seasoned veteran in the startup world, you would want to set up your next venture in a city which would get you the right returns.
Rapid advances in science and technology have led the global startup community to produce a number of technologies that have disrupted and altered business practices. The same can be said for India’s thriving startup ecosystem. Although India is not a new destination for venture capitalists, the country has seen an uptick in dollars spent over the last year and a half.
A financial or economic bubble occurs when the cost of a particular asset rises above its fundamental value. This “fundamental value” of an asset is not a specific figure but rather a spectrum of values. So, when people wrongly estimate that the value would skyrocket, they keep on buying that asset.
The startup journey is a challenging one. There are difficulties at every turn, including getting along with your founders, overcoming lack of demand, ineffective marketing, hiring and a myriad of other obstacles. However, one of the most difficult challenges is making sure the startup has enough cash to stay afloat.
On November 9, 2021, the global crypto market hit the US$3 trillion mark, which is more than the gross domestic product (GDP) of countries like India, the United Kingdom, France and Italy. With crypto becoming more and more widespread, individuals and companies alike have been seeking to benefit from the crypto mining (the process of adding new crypto tokens to circulation) business.
Are you new to the world of investing? Do you want to start investing for the future but don’t know where to start? If you answered yes to these questions, then micro-investment applications are ideal for you. This is certainly relevant if you don’t have a lot of money to start investing with, but you still want alternatives that help you put money down for the future.
On November 10, 2021, the U.S. passed a US$1.2 trillion infrastructure bill. The bill, or the Infrastructure Investment and Jobs Act, will ramp up government spending on public infrastructure like roads, bridges as well as water and broadband. The law was passed with a bipartisan vote of 69 to 30.
Imagine that you and your partners come up with an excellent business idea. After drafting a thorough plan, all you need is the money to execute it. For that, you can set up a decentralized autonomous organization, or DAO. To join the organization, people buy tokens, gaining part ownership of your company while investing in it.
Decentralized financing (DeFi) is a blockchain-based financial system that does not rely on traditional financial institutions like banks. Decentralized financing platforms allow users to trade cryptocurrencies and make available other financial services, like borrowing and lending. In 2021, DeFi industry has grown to US$80 billion, with an expected ten-fold growth by 2022.
The doge meme and the cryptocurrencies associated with it have been gaining popularity all through 2021, and you have business magnate Elon Musk to thank for it—from spending the first half of 2021 tweeting about Dogecoin to outrightly admitting that he doesn’t have any Shiba Inu.
As of September 2021, Bitcoin’s market capitalization was US$782.65 billion. The cryptocurrency has been gaining massive ground, with over 2,300 US businesses accepting it as a form of payment and Paypal launching crypto services in their U.K. app. However, in spite of the surge in Bitcoin adoption, the currency isn’t quite as safe as one might think it is.
In August this year, the content subscription website OnlyFans was struggling to raise capital, in spite of its US$1 billion valuation. While OnlyFans is a unicorn sporting a high-profit margin, investors are not too keen on buying into the company. The reason why OnlyFans is having such a hard time finding investors is because of their not-safe-for-work (NSFW) image.
Founded in San Diego in 2010, Cue Health is the latest med-tech startup to become a publicly listed company after a sharp term to profitability this year. Having found success in developing a portable COVID-19 test kit that provides lab-quality results in just a few minutes, it now hopes to expand its influence beyond the pandemic and into every corner of healthcare.