To say that DeFi underwent a boom at the start of 2021 is technically accurate -- but it doesn’t quite convey the scope. In 2019, the DeFi market encompassed $40 million. By the beginning of this year, the total value had spiked to over $40 billion. This niche market has proven its mettle and then [...]
Private equity has long been an industry reliant on middlemen. Investors source deals through networks of business connections, turning to investment bankers, brokers, attorneys, and business connections for introductions to high-potential companies and founders. This approach works well enough, albeit at cost; given that investors often have to compete at auctions to win a deal, [...]
Will Microsoft design the blueprints for the future of digitally-facilitated healthcare? The answer seems likely -- but for once, the tech company won’t be able to accomplish its lofty goals alone. At the close of October, Microsoft and the health insurance giant Humana forged a strategic partnership. Over the next seven years, the partners [...]
When I started managing money in 1984 Chicago, people made a living out of yelling across the exchange floor. The room was perpetually in a state of frenzy; well-dressed professionals shouted instructions to colleagues poised over landlines and notepads, while runners darted in and out of the trading pits to ferry paper tickets between the [...]