Connect with us

Private Equity

Where I’m Investing in Blockchain – Shelly Hod Moyal

Uncertainties regarding regulation may discourage investors from backing blockchain companies. iAngels co-CEO shares blockchain investment insights Written by Shelly Hod Moyal, this article was originally published in CTech There are many similarities between the emergence of blockchain and the early stages of the internet. The Internet caused a lot of hype early on, but its […]

The post Where I’m Investing in Blockchain – Shelly Hod Moyal appeared first on iAngels.

Avatar

Published

on

Uncertainties regarding regulation may discourage investors from backing blockchain companies. iAngels co-CEO shares blockchain investment insights

Written by Shelly Hod Moyal, this article was originally published in CTech

There are many similarities between the emergence of blockchain and the early stages of the internet. The Internet caused a lot of hype early on, but its real impact on our lives didn’t fully materialize until roughly 20 years had passed.

Many people don’t realize, but the blockchain doesn’t fully work yet for real-world applications, as the nuts and bolts aren’t fully in place. For example, real-world companies that process millions of transactions with millions of users can’t currently run on the blockchain, as the technology is too slow and too costly. For example, Ethereum can process 15 transactions per second whereas Visa processes 45,000.

This does not mean people should sit on their hands and wait for blockchain technology to mature. There are smart ways to invest in this still budding technology. Here is where investors should direct their attention in 2018.

Two words: blockchain infrastructure. With blockchain technology needing to pick up the pace, any technologies that enable the blockchain to be faster and more scalable are appealing. We have invested in several protocols that have built their own blockchain, Cardano and Neo for example, as well as networks, like Raiden, which enhance the performance of existing blockchains. Since each business comes with its own security, speed, and privacy requirements, we believe businesses will go on to adopt several blockchains for different uses. Technologies enabling blockchains to connect with each other, such as Aion and Icon, will play a key role in the future of the industry.

All eyes on China. There is a lot of uncertainty around the regulation, but if we look historically at how China dealt with the emergence of the internet and social media, it’s more likely that China will cooperate with local blockchain networks in order to take part in the economic opportunity they bring. Instead of outright banning blockchain, the likely scenario would be that China would compel the industry to comply with regulations, just as Chinese companies Baidu, Alibaba and Tencent have done. Given the size of the Chinese economy and the scale of the opportunity with companies like Alibaba, and Tencent—the most valuable internet company in the world—there is a lot of upside potential in China. We have made several investments in this theme, specifically in Chinese counterparts to some of the more established western blockchain platforms, such as Neo, Wanchain, and IOT Chain.

Tokenization is the theme. Tokenization of assets, equity, limited partner interests and other securities will be a very interesting theme in the coming years. In the long term, the majority of tokens are likely to disappear, leaving a select few that will be used for most blockchain applications. Like in the fiat money world, only a handful of strong currencies prevail. However, tokenization as a means to distribute a stake in a venture will gain popularity whether it be equity or LP interests. This will be applicable to any kind of venture. As blockchain technology develops, people will no longer want to lock up their funds in any given investment, as it will be possible to create liquidity throughout the lifecycle of the company, partnership, or network. Liquidity providers will include regulated exchanges like Quoine and Tzero for security-like tokens. We are already seeing innovators in this space. Recently, VC backed Kairos created a token distribution which includes both security and utility tokens and Spice VC is creating a platform allowing venture capital and private equity firms to create tokenized funds.

Blockchain-based business model. While we believe it is still relatively early to focus on the applications of blockchain, we are making select investments in businesses that have decided to transition to a blockchain-based model, and have pre-existing customers and revenues. Our investments so far in this space include Kin, Props, and Bread. These companies are unique because they are lead by entrepreneurs with business experience and assets they’ve built over the years, giving them a real shot at generating initial adoption of blockchain applications. Social networks, sharing economies, and mainstream access to blockchain assets are some of the applications that make a lot of sense for blockchain technologies.

Invest in the marketplace. In an economy with many networks and tokens, marketplaces that allow people to access, use, and convert token value are crucial. Any blockchain application will ultimately need to integrate exchange functionality in order to allow people to gain value. This is why we have invested in several exchanges, such as Binance, QASH, 0x, and Kyber.

Turning insight into action, I believe that the best approach to investing in the industry—with all the uncertainties around regulation and application—is to build a diversified portfolio of infrastructure companies with a heavy weighting towards tokens that are positioned to be winners can withstand volatility and market corrections.

Shelly Hod Moyal is the founding partner and co-CEO of iAngels, a Tel Aviv-based venture capital and private equity firm.

Source: https://www.iangels.com/2018/01/im-investing-blockchain/

Private Equity

Boston startups expand region’s venture capital footprint

This year has shaken up venture capital, turning a hot early start to 2020 into a glacial period permeated with fear during the early days of COVID-19. That ice quickly melted as venture capitalists discovered that demand for software and other services that startups provide was accelerating, pushing many young tech companies back into growth […]

Avatar

Published

on

This year has shaken up venture capital, turning a hot early start to 2020 into a glacial period permeated with fear during the early days of COVID-19. That ice quickly melted as venture capitalists discovered that demand for software and other services that startups provide was accelerating, pushing many young tech companies back into growth mode, and investors back into the check-writing arena.

Boston has been an exemplar of the trend, with early pandemic caution dissolving into rapid-fire dealmaking as summer rolled into fall.

We collated new data that underscores the trend, showing that Boston’s third quarter looks very solid compared to its peer groups, and leads greater New England’s share of American venture capital higher during the three-month period.

For our October look at Boston and its startup scene, let’s get into the data and then understand how a new cohort of founders is cropping up among the city’s educational network.

A strong Q3, a strong 2020

Boston’s third quarter was strong, effectively matching the capital raised in New York City during the three-month period. As we head into the fourth quarter, it appears that the silver medal in American startup ecosystems is up for grabs based on what happens in Q4.

Boston could start 2021 as the number-two place to raise venture capital in the country. Or New York City could pip it at the finish line. Let’s check the numbers.

According to PitchBook data shared with TechCrunch, the metro Boston area raised $4.34 billion in venture capital during the third quarter. New York City and its metro area managed $4.45 billion during the same time period, an effective tie. Los Angeles and its own metro area managed just $3.90 billion.

In 2020 the numbers tilt in Boston’s favor, with the city and surrounding area collecting $12.83 billion in venture capital. New York City came in second through Q3, with $12.30 billion in venture capital. Los Angeles was a distant third at $8.66 billion for the year through Q3.

Source: https://techcrunch.com/2020/10/23/boston-startups-expand-regions-venture-capital-footprint/

Continue Reading

Private Equity

Alternative Investments/Real Estate: Housing Market Demand Is “Insane”

Speaking to CNBC on Power Lunch, Glenn Kelman, CEO of real estate brokerage Redfin (NASDAQ: RDFN), said he expected the current boom conditions in the housing market to last well into next year. He attributed the high demand to affluent professionals looking for remote homes as well as low interest rates. Also, he thinks some sellers will put their properties on the market only after the presidential election.

Avatar

Published

on

Alternative Investments/Real Estate: Housing Market Demand Is “Insane”

https://platodata.net/wp-content/uploads/2020/10/alternative-investments-real-estate-housing-market-demand-is-insane.jpg

Redfin CEO Glenn Kelman says the boom could last into next year.

Speaking to CNBC on Power Lunch, Glenn Kelman, CEO of real estate brokerage Redfin (NASDAQ: RDFN), said he expected the current boom conditions in the housing market to last well into next year. He attributed the high demand to affluent professionals looking for remote homes as well as low interest rates. Also, he thinks some sellers will put their properties on the market only after the presidential election. (CNBC)

Kelman: Too good to last forever

“This level of demand is absolutely insane. I would expect it to last into 2021, at least,” Kelman said.

Recent data from the National Association of Realtors shows up the strength in the housing market.

Existing home sales shot up 9.4% in September beating expectations. Even though the median purchase price of a home rose approximately 15% year over year, there is just a 2.7-month supply of for-sale homes, showing tight market inventory conditions.

The 30-year fixed-rate mortgage averaged 2.80% for the week ending Oct. 22, down from 2.81% in the previous week and 3.75% a year ago, according to the Freddie Mac Primary Mortgage Market Survey. Therefore, mortgage rates crept even lower in the latest week.

However, “there’s no way it can last forever,” Kelman warned of the bullish conditions.

Canada: Off the charts

Meanwhile, at the northern neighbor, home sales activity in September is described as “off-the-charts.”

Housing data released by the Canadian Real Estate Association (CREA) last week showed a nationwide year-over-year increase in sales of 45.6%.

This was a new all-time monthly record for the third month in a row.

“This is starting to sound like a broken record (about records being broken), but Canadian home sales and prices set records once again in September … as they did in July and August,” said Shaun Cathcart, senior economist at CREA, in a statement.

Real Estate ETFs in the U.S.

The year-to-date performance of some real estate ETFs is shown below:

iShares U.S. Home Construction ETF (ITB)              +24.61%

SPDR S&P Homebuilders ETF (XHB)                          +20.83%

Vanguard Real Estate Index Fund ETF                      -13.91%

It may be noted that despite the boom conditions in housing, real estate ETFs and stocks have declined in recent days.

According to Barron’s, this may be due to yields on the 10-year and 30-year Treasuries moving higher in recent weeks.

Other reasons could be fears of inflation ticking up in the future amidst an improving economic situation.

Nevertheless, the view is that interest rates are likely to remain low for longer. So demand may remain strong.

“Part of what is fueling this boom is that the economy has just split into two and rich people are able to access capital almost for free, so, of course, they’re going to use that money to buy homes,” said Redfin’s Kelman.

Related Story:   Mortgage Rates Set Another Record Low; Real Estate ETFs Could Benefit

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

Shape

Latest Alternative Investment News

Source: https://dailyalts.com/alternative-investments-real-estate-housing-market-demand-is-insane/

Continue Reading

Private Equity

Asda’s new owner EG Group seeks new leadership ahead of IPO – report

EG Group is owned by the billionaire Issa brothers and the private equity firm TDR Capital, who teamed up for a £6.8 billion takeover of Asda last month

Avatar

Published

on

UK grocer Asda Group’s new owner EG Group is looking for a new chairman and independent directors as it prepares for a £10bn initial public offering, The Timesreports.

EG Group is owned by the billionaire Issa brothers and the private equity firm TDR Capital, who teamed up for a £6.8 billion takeover of Asda last month.

The move comes after Deloitte resigned last week as the company’s auditor because of concerns over the group’s governance and lack of internal controls, according to the publication.

A decision on candidates will be taken before the end of this year, although roles haven’t been finalised yet as the company is in the process of deciding whether to float in the UK or the US, The Times reports.

Write to Barcelona editors at barcelonaeditors@dowjones.com

From Dow Jones Newswires

Source: https://www.penews.com/articles/asdas-new-owner-eg-group-seeks-new-leadership-ahead-of-ipo-reports-20201023

Continue Reading
Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Saas9 mins ago

Press Releases3 hours ago

ACLU Calls Prop 24 “Fake Privacy,” Warns About its “Pay for Privacy” Provision

Press Releases3 hours ago

ESSA Pharma Presents Therapeutic Potential of EPI-7386 at 32nd EORTC-NCI-AACR Symposium

Press Releases3 hours ago

Lianluo Smart Limited and Newegg Inc. Announce Entering into Merger Agreement

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Saas3 hours ago

Press Releases5 hours ago

Yes on Prop 24 Campaign Announces Endorsement from Data Privacy Advocate and Cambridge Analytica Whistleblower, Brittany Kaiser

Press Releases5 hours ago

Army’s Black Knights Accepts Invitation to Radiance Technologies 2020 Independence Bowl

Press Releases6 hours ago

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP is Investigating the Following Companies; Investors are Encouraged to Contact the Firm – CEIX, GLIBA

Press Releases6 hours ago

BAK FINAL DEADLINE ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Reminds Braskem S.A. Investors of Important October 26 Deadline in Securities Class Action – BAK

Press Releases6 hours ago

cCARE is on a Myth-Busting Mission to Boost Breast Cancer Awareness

Press Releases6 hours ago

cCARE is on a Myth-Busting Mission to Boost Breast Cancer Awareness

Press Releases6 hours ago

It’s Time To Celebrate #SecureHalloweenWithPureVPN

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Saas7 hours ago

Trending