Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round of funding, according to the company. Led by Kaszek Ventures, the round will support the continued expansion of Ayenda’s chain of hotels in Colombia and…
Alphabet this afternoon became the fourth tech giant to join the highly exclusive trillion-dollar club, one whose original member, Apple, saw its market cap soar past $1 trillion for the first time in August 2018 and which has since welcomed — and pushed back out — Amazon, which passed the $1 trillion mark in September…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, something short. Continuing our loose collection of looks back of the past year, it’s worth remembering two related facts. First, that this time last year SaaS stocks were getting beat up. And, second, that…
Investment in space startups is significant and growing, and the opportunities available to commercial players in space exploration, research and industrialization are multiplying. But for non-expert investors and observers, these opportunities can seem obtuse and obscured, buried in technical jargon and a heady amount of hype. That’s a great time to consult with those already…
Based on pre-market trading, the Dow Jones has surpassed 27,000 points with an implied opening gain of 125 points as markets shrug off impeachment talks. Within a month, the Dow Jones has surged from 26,118 points to over 27,000 points, demonstrating a noticeable increase in the confidence of investors towards the short to medium term…
Some days, it feels like there’s almost no end to the number of jobs that might be replaced altogether or in some part by smart machines, from radiologists to truck drivers to, gulp, journalists. You might be tempted to sob about it to your friendly restaurant server, but wait! It’s a robot, too! So it…
Grin investors have more to frown about these days, with the crypto currently trading at $2.22, near an all-time low since the coin was launched. | Source: Shutterstock Privacy coin Grin is taking it on the chin lately, along with many other altcoins in the cryptocurrency market. Grin investors have more to frown about these…
Investors flocked to the precious metal instead of bitcoin today as fears of a recession, either in the short-term or long-term, loom. | Source: ShutterstockThe bitcoin price is trading mostly flat today despite the fact that the stock market got hammered, with the Dow Jones tumbling some 400 points. Meanwhile, the gold price is looking…
