capital

A big hit for the Canadian technology sector, because a wave of layoffs is looming, industrial players say

A big hit for the Canadian technology sector, because a wave of layoffs is looming, industrial players say

Goodfood employees in January 2022. The Montreal-based food delivery company fired 2.8 percent of more than 2,500 jobs.Fred Lum / Globe and Mail A wave of layoffs and a recruitment freeze in the US technology sector has hit Canada hard, industry observers say. They warn that although there has already been a reduction in the …

A big hit for the Canadian technology sector, because a wave of layoffs is looming, industrial players say Read More »

Venture capital funds from Silicon Valley are unlikely prophets of doom

“Simply put, the world is rethinking how business models are doing in a world where capital costs something,” the presentation said. Sequoia, at least according to Charlie Munger, have one of the best investment records in history. The presentation also highlighted several public market benchmarks to warn their companies of the dark clouds ahead. The …

Venture capital funds from Silicon Valley are unlikely prophets of doom Read More »

Why Bitcoin, Coinbase and Silvergate Capital are declining today A colorful fool

What happened Cryptocurrencies and cryptocurrency-related stocks have risen today after recovering in the last few days and as the market has continued to worry about the future of the economy. In the last 24 hours, the price of the world’s largest cryptocurrency, bitcoin (BTC -4.10%), has dropped by about 5% to today 12:55 ET. Meanwhile, …

Why Bitcoin, Coinbase and Silvergate Capital are declining today A colorful fool Read More »