Venture Capital

2022-08-23 14:00:10 More Data

1) A new report shows that the world's workers are still mega-stressed. 44% of employees surveyed experienced a lot of daily stress in the previous day of work, up from 31% in 2009.

2) The news that K-pop group BTS are to take time-off to focus on their own music wiped $1.7bn from the valuation of label HYBE in trading on Wednesday.

3) A Game of Thrones spin-off, focused on main character Jon Snow, is reportedly in early development. Producers will be hoping for better ratings than the final season of the main show.

4) An animated visualization of the most popular websites since 1993.

5) It's pride month! The latest data shows that LGBT identification in the US rose to 7.1% of the population last year, up from 5.6% the year before.

6) Want a deeper dive into business and investing news? Check out our friends at The Daily Upside. Written by a former investment banker, it’s a newsletter that delivers quality insights to make you smarter — sign up for free here. Open / Comment

2022-08-22 23:01:03 Telegram sells off branded links

Just so you realize:

@bitcoin is already sold for 5 bitcoins.

Among the cool ones that can still be re-bought for ridiculous money and sold for more

@google, @apple, @twitter, @china, @history, @lasvegas

Important: all channels are shared with links and each one grows on its own every day. Hard to imagine how much @china might be worth by 2030

For questions about buying channels, email here: @Number_997 Open / Comment

2022-08-22 21:00:10 ​Visualizing the Coming Shift in Global Economic Power (2006-2036p)

As the post-pandemic recovery chugs along, the global economy is set to see major changes in the coming decades. Most significantly, China is forecast to pass the United States to become the largest economy globally.

The world’s economic center has long been drifting from Europe and North America over to Asia. This global shift was kickstarted by lowered trade barriers and greater economic freedom, which attracted foreign direct investment (FDI). Another major driving factor was the improvements in infrastructure and communications, and a general increase in economic complexity in the region.

Our visualization uses data from the 13th edition of World Economic League Table 2022, a forecast published by the Center for Economics and Business Research (CEBR). Open / Comment

2022-08-22 14:00:12 ​The Humble Lego Brick Is The Foundation Of A Remarkable Business

This week iconic toymaker Lego announced its plan to build a new 1.7 million square-foot factory in Virginia, creating up to 1,800 jobs once complete. The Danish company plans to spend $1bn on the factory, which is an enormous investment for any company, let alone one that produces such a simple product.

But selling a simple product, and doing it really, really well, has been the cornerstone of Lego's remarkable business model. Sales last year jumped 27%, a number that some cash-burning tech companies would have been happy with.

All told Lego sold 55bn Danish Kroner worth of plastic bricks in 2021, squeezing out a 31% margin on those sales thanks to the company's iconic brand and build quality, with a reported manufacturing error rate of just 18-in-a-million. Open / Comment

2022-08-21 21:00:10 ​Made in America: Goods Exports by State

After China, the U.S. is the next largest exporter of goods in the world, shipping out $1.8 trillion worth of goods in 2021—an increase of 23% over the previous year.

Of course, that massive number doesn’t tell the whole story. The U.S. economy is multifaceted, with varying levels of trade activity taking place all across the nation.

Using the latest data on international trade from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, we’ve visualized the value of America’s goods exports by state. Open / Comment

2022-08-21 14:00:07 The Reading Revival: Business Is Booming For Publisher Bloomsbury

British publisher Bloomsbury, which was the publisher behind the Harry Potter series, revealed this week that sales were surging in May and that 2021 was its best ever year, with sales rising 24% to £230m. The success of one individual publisher is complemented by wider industry data — NPD BookScan estimates more than 825 million print books were sold in the US last year, up 9% on the year before.

The fact that book sales got a bump during COVID, as we spent more of our free time at home, was perhaps expected — but it wasn't clear if the reading boom would last. It seems it has.

Interestingly, social media platform TikTok has played its part, with communities cropping up to discuss the latest books on #BookTok — a hashtag which has 58.5 billion views associated with it according to the platform. Open / Comment

2022-08-20 21:00:09 ​What Are the Five Major Types of Renewable Energy?

Awareness around climate change is shaping the future of the global economy in several ways.

Governments are planning how to reduce emissions, investors are scrutinizing companies’ environmental performance, and consumers are becoming conscious of their carbon footprints. But no matter the stakeholder, energy generation and consumption from fossil fuels is one of the biggest contributors to emissions.

Therefore, renewable energy sources have never been more top-of-mind than they are today. Open / Comment

2022-08-20 16:00:18 Dear followers, we open sales of ads on our channel now

If you are interested, please, contact @relevant_theory Open / Comment

2022-08-20 14:00:09 More Data

1) What do American couples argue about most.

2) Airbnb is doling out a total of $10m to Airbnb hosts via a new OMG! Fund to build 100 of the craziest and most unique property ideas.

3) Kellogg has revealed plans to split up into 3 separate companies in a bid to give the company's shares a little more snap, crackle and pop.

4) In a survey of 150,000 people around the world, analytics firm Gallup found that negative emotions reached a record high last year.

5) High gas prices aren't leading to less driving... yet (chart).

6) The rise of the 3-pointer in the NBA in light of the Golden State Warriors' latest championship victory. Open / Comment

2022-08-19 21:00:06 The US Still Spends A Lot More Than Peers On Pharmaceuticals

This week a new study from Harvard Medical School researchers estimated that Medicare could save almost $4bn a year were it to purchase drugs and prescriptions from Mark Cuban's Cost Plus Drug Company instead of the complex supply chain of private brokers and pharmacies that it currently sources from.

Billionaire Mark Cuban launched the Cost Plus Drug Company in January this year, selling generic prescriptions direct to consumers with a fixed pricing structure of a 15% mark-up, a $3 dispensing fee and a $5 shipping fee, in a bid to disrupt the $350bn+ a year prescription-drug industry.

America #1

The study showed that in some specific cases Medicare was being charged 800%+ more than what they could pay if they had gone direct or via Cuban's new company. Open / Comment