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.
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Tech Startups: Hitting Records As The Money Is There