According to members of The Guardian, the world is now home to 147 "unicorns" - companies with private valuations of at least $1 billion. This is a 277% increase, since 2014, that has also been accompanied by talk of a startup bubble. Many prominent venture capitalists have echoed this sentiment, including Benchmark Capital's Bill Gurley and Union Square Venture's Fred Wilson.
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Facebook Files For Troubling Patent, Receives Regulatory Approval
For those in the "know," FinTech (or financial Technology) is arguably the most admired startup sector in America. Next to cyber security and SaaS platforms, FinTech firms are revolutionizing the investment process. Companies like Wealthfront and Robinhood allow middle and lower class Americans access to services that have long been reserved for Wall Street's elite.
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You're Missing Out On $100,000s
Wealthfront, the Silicon Valley’s premier automated investing service, recently announced its decision to lower the minimum initial deposit requirement from $5,000 to $500, thereby giving younger individuals the ability to invest in an incredible product. For those unfamiliar with Wealthfront, it is a “robo-advisor” service that automatically allocates deposits into a diversified ETF (Exchange-Traded Fund) portfolio.
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Invest In Change
Do you want to start investing in the stock market? Do you want your money to consistently grow? Are you held back by fear and confusion? If you answered “yes” to any of these questions, we encourage you to research a new investing app called Acorns. It’s a low risk, automated money management platform that introduces young investors to the many aspects of trading.
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