Startups Are Shutting Down!

Startups Are Shutting Down!

Send us a textBig startups are shutting down. More than 3000 private venture backed startups failed in the last year. Of the startups raising money, 19% were funded at a lower valuation than in prior funding rounds. 38% of VCs disappeared from dealmaking last year and more than a quarter of a million workers at tech companies lost their jobs over the same period. US corporate bankruptcy filings closed out 2023 with the most filings since 2010. The year has been described as a mass extin...

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Jaksot(317)

Where is Venezuela’s oil money?

Where is Venezuela’s oil money?

When the United States took control of Venezuela's oil exports in early 2026, it collected an estimated $13 billion in crude sales — but the official ledger in Caracas records almost none of it, and s...

27 Heinä 37min

The World's Best Stock Market Is Also Crashing!

The World's Best Stock Market Is Also Crashing!

South Korea has the best performing stock market in the world for the second year running — and it's also in the middle of one of the worst bear markets on earth. The KOSPI is down around 27% from its...

19 Heinä 37min

Is Russia Actually Losing?

Is Russia Actually Losing?

Russia's war economy is running out of road. Ukrainian drone strikes have knocked out roughly a third of Russia's oil refining capacity, forcing an energy superpower to ration petrol at home and impor...

12 Heinä 33min

The Real Reason European Cars Can't Compete

The Real Reason European Cars Can't Compete

Europe's automotive industry is facing a historic crisis as Volkswagen weighs unprecedented factory closures and massive job cuts. However, the root of the problem isn't just high energy costs or Euro...

5 Heinä 26min

Brexit, 10 Years On: What It Actually Cost Britain

Brexit, 10 Years On: What It Actually Cost Britain

Ten years on from the 2016 Brexit referendum, the UK is about to appoint its seventh Prime Minister in a decade — so was Brexit worth it? In this video we break down the real economic impact of Brexit...

28 Kesä 37min

How to Lose a Global AI Monopoly in One Afternoon

How to Lose a Global AI Monopoly in One Afternoon

Last week, shortly after Anthropic launched its most powerful AI models, the U.S. government imposed export controls restricting foreign nationals from accessing them - and rather than try to verify t...

21 Kesä 28min

What SpaceX, Anthropic and OpenAI’s IPOs mean for investors

What SpaceX, Anthropic and OpenAI’s IPOs mean for investors

Yesterday SpaceX became the largest company ever to go public, in an IPO that values Elon Musk's rocket-and-AI conglomerate at $1.78 trillion. But SpaceX is just the first. Anthropic and OpenAI have b...

14 Kesä 39min

When a Housing Boom Turns to Bust

When a Housing Boom Turns to Bust

A three-bedroom "dunger" in New Zealand with peeling paint and boarded-up windows sold for 1.81 million dollars at the peak of the boom. A few years later, prices had fallen by as much as a third in r...

7 Kesä 27min

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