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Trading Ideas

Mailbag: Silicon Valley Isn’t the Only Place to Find Startup Investments

Q: Are all the good investments in Silicon Valley?
A: No, not at all. Great startups can come from anywhere. But Silicon Valley produces more of them than anywhere else. And it’s no accident that the majority (20 out of 35) of the newest American unicorns (companies worth at least $1 billion) are based in the San Francisco Bay Area. It’s where most of the most successful venture capital (VC) firms operate, from Andreessen Horowitz to Kleiner Perkins to Benchmark to Sequoia. They’re part of Silicon Valley’s uniquely incredible startup infrastructure made up of talented coders, software engineers, and current and …read more […]

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Business News

Fed trades ‘remarkably positive’ for ‘no precedents’ after volatile year

A year ago, U.S. Federal Reserve Chair Jerome Powell held a “remarkably positive outlook” for an economy enjoying a “historically rare” combination of good news including low unemployment, steady inflation and strong growth that were all expected to continue.

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