Tag: percent
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Is Venture Capital the Secret Sauce of the American Economy? (Ep. 482)
The U.S. is home to seven of the world’s 10 biggest companies. How did that happen? The answer may come down to two little letters: V.C. Is venture capital good for society, or does it just help the rich get richer? Stephen Dubner invests the time to find out. Listen and follow our podcast on…
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Unlocking India’s $1 trillion SaaS opportunity
India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled ‘Shaping India’s SaaS Landscape’ by SaaSBOOMi, in association with McKinsey. To be clear, software accounts for 20 percent of the total enterprise spending on technology…
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Bitcoin slides below $40k mark, down nearly 40pc from all-time high
Bitcoin’s dream run hit a major road bump as it slid below the $40,000 mark for the first time since February. One of the most well-known cryptocurrencies globally, Bitcoin’s tumble started when Tesla CEO Elon Musk made a U-turn and announced it will not accept Bitcoin in payments, citing environmental concerns created by cryptocurrency mining.…
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Pandemic reveals tale of 2 Californias like never before
SACRAMENTO — The tale of two Californias has never been clearer. As Bay Area tech workers set up home offices to avoid coronavirus exposure, grocers, farm workers and warehouse employees in the Central Valley never stopped reporting to job sites. Renters pleaded for eviction relief while urban professionals fled for suburbs and resort towns, taking…
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Meet the startup that’s getting the right fit for women’s tailored apparel
A penchant for dressing but seldom finding the perfect fit with readymade garments led Gurugram-based physician Drishti Anand to turn to entrepreneurship and set up an online platform which helps women get perfectly dressed outfits delivered to their doorsteps. “I have always been someone who enjoys dressing up, but readymade clothes have a dimension and…
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[YS Learn] What does Elon Musk’s move to Texas mean for startup ecosystems around the world
Tech entrepreneur and Tesla CEO Elon Musk moved to Austin, Texas, last week. Musk, who is also the Founder, CEO, and chief designer of SpaceX, is one of the high-profile tech entrepreneurs to have moved out of California during the pandemic. Similarly, in November 2020, Joe Lonsdale, a general partner at venture capital firm 8VC,…
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WoodMac: Volkswagen Will Be World’s Biggest Electric Car Maker by 2030
German automotive giant Volkswagen will grow to be the biggest manufacturer of EVs earlier 2030, according to new analysis from Wood Mackenzie. WoodMac anticipates Volkswagen to produce 14 million battery powered electric vehicles (BEVs) cumulatively by 2028, and climb out of its 2018 standing since the 10th biggest manufacturer to the very top of this worldwide…
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ICYMI: Australian Apocalypse, Farewell to Paddlefish & Baby Whales
Catastrophic bushfires in Australia burn off an area larger than Portugal. Twenty-six people have died, along with a billion animals could have perished–maybe more– even leaving some species about the verge of extinction. Australian authorities are likely to kill 10,000 feral camels because they are competing with humans for scarce water. Smoke from the fires…
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Fast Times for the US Residential Solar Market
Season brought a barrage of information on the operation of solar installers, since all the large national players are traded. For starters, the residential solar business is quite much alive, contrary to fears of years ago that these companies couldn’disagreements and t endure that solar is still an inherently local small company enterprise. Sunrun is…