5 Key Stories From The Digital Worlds

April 9

BY NABYL CHARANIA

1.

VENTURE CAPITAL IN Q1 2019

  • Just under $75 billion was invested in almost 8,100 funding rounds, worldwide…down from highs set in Q4 2018.
  • 8,097 deals were struck in Q1 2019 worldwide, down 3 percent from last quarter, but up 6 percent from last year.
  • Roughly $74.96 billion was invested across all stages, down a considerable 19 percent from last quarter’s global highs.

2.

GM, BMW BACK BLOCKCHAIN DATA SHARING FOR SELF-DRIVING CARS

  • Bid to unlock valuable data held in silos which will ultimately get autonomous vehicles on the road.
  • Next MOBI working group on so-called autonomous vehicle data markets (AVDM) will be chaired by General Motors.
  • Getting to the stage where AVs are safe in all conditions could take hundreds of billions of self-driven miles.

3.

THIS DIGITAL LEDGER HELPS SMALL FARMERS GET A FAIR DEAL

  • Instead of cash, each farmer received a digital payment through BanQu’s blockchain platform.
  • Tracks and stores what volume of goods were delivered, the quality of those goods, and what price-per-pound that yield commanded.
  • Eliminating large cash transactions also lowers the risk of that money being stolen.

4.

PRIVATE BANK KLEINWORT HAMBROS LAUNCHES BLOCKCHAIN EXCHANGE-TRADED NOTE

  • New derivative is available for a minimum investment of £1,000.
  • Include 20 companies which are expected to profit from blockchain and distributed ledger technology (DLT) adoption.
  • Companies that make up the ETN reportedly come from the technology, shipping, oil and gas, custody banking and industrials industries.

5.

SCALING A COMPANY WHILE CONTROLLING COSTS

  • Costs of scaling a company in the bay area, NYC, and many other startup regions in the US has escalated.
  • Encouraged our portfolio companies that are located in these high cost regions to build out secondary locations.
  • Have a secondary location outside of the US, where talent can be hired a much lower cost than the US.