In Shibuya ward, at the center of Japan's capital, the amount of vacant restaurant properties has doubled over the course of the outbreak. Meanwhile, tenants for coworking offices are increasing, as people increasingly work outside their company headquarters. Tokyo has developed on the premise of its huge commuting population, but the pandemic is gradually altering its property market. Bagus, an operator of darts bars, started to collaborate in July with coworking office company iioffice. Bagus repurposed two of its darts bars so customers can work from there in shared office space. Many companies are asking employees to work at home.
The drug industry is shattering capital-raising records in 2020, as investors funnel money into pharmaceutical and biotech companies. Business Insider spoke with top venture capitalists about why this is happening and how they plan to take advantage. Several VCs said they are advising biotechs that are now considering going public earlier than expected because of the booming public market. Biotech is still a risky gambit, VCs say, but money has flowed into the space as other industries, clobbered by the pandemic, appear shakier than usual. For more stories like this, sign up here for our healthcare newsletter, Dispensed.
The World's Largest Hedge Fund Dumped These 5 Investments Last Quarter As The Coronavirus Recovery Raged | Markets Insider
The fund, founded by billionaire investor Ray Dalio, exited a number of ETFs and Canadian bank stocks in the second quarter.
Thirty Madison Raises $47M In Series B Financing From Polaris Partners, Johnson & Johnson Innovation - Jjdc, Inc. And Existing Investors
Thirty Madison Raises $47M in Series B Financing From Polaris Partners, Johnson & Johnson Innovation - JJDC, Inc. and Existing Investors Funding to enable expansion of digital healthcare portfolio and launch of new brands to treat chronic health conditions NEW YORK, August 14, 2020-- Thirty Madison, a leading digital health company reinventing the patient experience for the estimated 133 million Americans living with chronic conditions, today announced a $47 million Series B round led by Polaris Partners. New investor Johnson & Johnson Innovation - JJDC, Inc. (JJDC) also participated in the funding, along with existing investors Maveron and Northzone.
Although the leak on the vessel is being stemmed, a larger, invisible second wave is about to hit Mauritius. This is why the Wakashio disaster is so bad, and could go down in history as having one of the world's worst ever impact on rare and endangered biodiversity.
No matter what you think of Sequoia Capital, the firm doesn't rest on its laurels. Though it's now managing ungodly amounts of money and has for decades been considered among the top venture firms in the world, it routinely finds new ways to stay relevant and to ensure that it gets a first look at [...]
Here are a pair of long recommendations for this week. : The daily S&P cycle points to higher prices next week. Nine of the last eleven buy signals have proven to be profitable. Expect moderately high prices. The coming week is likely to resemble the prior week. Air pockets will likely occur to relieve any overbought condition. The strength is likely to occur early in the week followed by weakness late in the week. Expect a moderate rally to new highs. We remain long American Airlines AAL and Apple AAPL from last week.
Initialized Capital Management has notched $230 million for Initialized V, the California venture firm's fifth fund, which is geared toward backing early-stage companies, Bloomberg reported. Initialized Capital Management Co-Founder Garry Tan told Bloomberg, "We love finding tomorrow's unicorns." The fund intends to invest in roughly 45 startups during the three years to come, and it [...]