Big Tech’s health care battle
Health care is the latest Big Tech battleground. It’s no secret that America spends on health care. In 2019, that spending reached $3.8T ($11.6k per person). By 2028, it’s projected to hit $6.2T. To the folks in Big Tech, any number with a “T” means one thing:...
Bitcoiners are in a triumphant mood these days
Bitcoiners are in a triumphant mood these days. The price is near all-time highs. Coinbase just went public. Institutional interest is growing. All the naysayers who mocked it over the last decade are humiliated and Having Fun Staying Poor. However in their drive...
The skyrocketing cost of lumber, explained
Low supply and high demand have pushed lumber prices through the roof, but European beetles are helping. Wood is typically used for building roofs. Now it’s known for blasting through them. Lumber prices are up nearly 260% since April 2020, following a perfect storm...
Fortnite-maker Epic completes $1B funding round. The most ironic investor on the list: the Ontario Teachers’ Pension Plan Board.
How much is Epic Games worth? Well, we’ve long ago surpassed the realm of dollar figures regular humans can contextualize. With its latest round, the gamer hit an equity valuation of $28.7 billion. Yes, “b” for “billion.” That’s a lot of...
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