America's Justice Department and SEC have targeted India's Adani Group with a bribery case. Using Nationalistic sentiment doesn't help. Yes, law has been weaponized and India's sovereignty compromised but not how they think. A definitive guide to understanding the case.
There was a clear warning from Putin on provision of long range missiles that could hit deep into Russia to Ukraine. It would be consider as a direct attack by NATO on Russia. Biden has done just that!
While game-playing the future, one of the main flashpoints we came across, where the global conflict can start, was the Arctic. We look at it in complete detail.
As of end of May, 197 privately held companies were valued at $1 bn and above with a combined net worth of $697 bn. These companies have raised $142 bn until now.
Other (includes, among others, Ed Tech, Aerospace and Augmented Reality / Virtual Reality)
What is a Unicorn? A Unicorn is a startup company which has a valuation of over $1 billion. To describe how rare such enterprises are, Venture Capitalist Aileen Lee had used this term in one of her articles. By the same token, decacorn are companies over $10 billion and hectocorn are companies valued over $100 bn.
Of these the top three sectors are: e-commerce / marketplace (17%), internet software & services (14%) and fintech (11%) which contribute to the top unicorns! The top guns in these three sectors are:
The most valuable company in the e-commerce/marketplace category is Airbnb ($29B), while Infor and Dropbox are the two most valuable companies operating in internet software & services, worth $10B and $9.4B, respectively. China’s Lu.com ($18.5B) is the most valuable private fintech company, followed by Stripe ($9.2B).
The top 5 Unicorns by their valuation are:
Uber ($68 billion)
Didi Chuxing ($50 billion)
Xiaomi ($46 billion)
Airbnb ($29 billion)
Palantir Technologies ($20 billion)
The countries where these companies are located are: USA (54%), China (23%), India (4%), the UK (4%), Germany (2%) and South Korea (2%). No other country has three or more private companies with a $1 bn valuation. One can say that the top four countries to set up a start-up are US, China, India and the UK.
Which of these companies will become the next Google or Microsoft is to be seen, but the future of the world is being defined today by these players!
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