As the 2024 NBA Finals arrives, the league finds itself at a crossroads – in the best way possible. With viewership hitting record numbers across the world, 26 billion video views globally across NBA social media platforms and the NBA app, the NBA is being consumed like never before, thanks in large part to a new […]
VC firm Antler’s CEO says Asia presents ‘biggest opportunity’ in the world for growth
Asia’s startup ecosystem hasn’t been doing well in the past couple years, as everything from geopolitics to higher interest rates affected investors’ willingness to write checks. Many venture firms have exited China, which used to be the continent’s biggest venture market, and elsewhere, though there hasn’t been a huge decline in the number of fundraising […]
Tesla’s new growth plan is centered around mysterious cheaper models
Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is […]
Stripe’s growth continues to impress as total payment volume tops $1T
Stripe’s annual letter provides the outline of a business that is healthy and growing. Stripe is sufficiently large that when we consider its growth we have to weigh it against the overall growth in the payment space more generally. By that measure, the company is outperforming its market. Major growth points In its annual missive, […]
As spot bitcoin ETF volumes continue to rise, Bitwise Asset Management predicts a high ceiling for growth
The price of bitcoin hit $ 50,000 today, a month after the U.S. Securities and Exchange Commission approved 11 applications for spot bitcoin ETFs. The issuers of those ETFs have seen demand skyrocket beyond initial predictions of a few billion. Assets under management at these issuers total around $ 28.35 billion, making for a market […]