VC Boom 💸

VC Boom

Venture Capitalists have always been big spenders, launching thousands of startups over the years, hoping that a few of them make it big. From Uber to Airbnb, some of the biggest companies were once small startups, but, with entrepreneurial grit, a good idea, the help of venture capitalists, and of course, a bit of luck, they became unicorns. In the startup world, unicorns are companies with a one billion dollars or higher valuation, marking some of the most prominent startups. Last year venture capitalists had one of their most significant years yet, investing $675 billion in startups worldwide. This massive figure doubled 2020′s previous all-time highs. With COVID continuing in different forms and variants, the continued flow of money into startups highlights the way innovation booms in the face of adversity. Moreover, the number of “unicorns” continued to rise, with around 133 startups in the San Francisco Bay Area alone hitting the coveted valuation of over $1 billion.

Following suit, the East Coast boosted impressive numbers with 69 unicorns in New York and 21 in Boston. Beyond the U.S, London saw 20 unicorns, Berlin saw 15, and Bengaluru saw 16. On the international scale, though, the U.S and China remain in the lead with few firms elsewhere rivaling the size of Alphabet, Apple, Amazon, Meta or Microsoft, or Alibaba and Tencent in China. With Web3 and the Metaverse just kicking off, a whole host of new startups could be coming, and eventually, more and more assets to invest into – a great reminder to set up an Invstr premium account if you haven’t already to gain access to some of the hottest cryptocurrencies out there.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:

More Posts

Taiwan’s Tango 🕺

Taiwan depends more on China for trade than it does on the U.S, China still holds major influence on the state of the Taiwanese econom

Permit 🚘

Self-driving cars have moved from a mere fictional and playful speculation to a reality.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

button_spotify.png
button_apple-1.png
button_google

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying, holding or investing in digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC.

The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.