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BST - Tech Startups: Hitting Records As The Money Is There

  • Tech startups are establishing new records almost constantly, in terms of both the total number of startups taking place as well as the quantity of money supporting the new firms.
  • The force creating this startup explosion is Federal Reserve actions, as the Fed's largess has provided nontraditional sources of investment to have more money on hand they need to invest.
  • This is changing both the venture capital industry and the nontraditional sources of funds, like hedge funds, mutual funds, pension funds, and others that are now involved.
  • The coronavirus pandemic has caused numerous changes in the U.S. economy, but this is one that was unexpected, yet will be the source of innovation and expansion in the future.

For further details see:

Tech Startups: Hitting Records As The Money Is There
Stock Information

Company Name: BlackRock Science and Technology Trust of Beneficial Interest
Stock Symbol: BST
Market: NYSE

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