Venture Capital

Advisor Upside

The Wealthtech That Quintupled Assets Year-Over-Year, Twice

Photo via Connor Lin / The Daily Upside

New funding and growth have launched the digital investment advisor Farther’s valuation to more than half a billion dollars.

2 min read

Image Credit: iStock, Austin Nooe

Investments

Silicon Valley Incubator Backs Its First Defense Company

Y Combinator is backing Ares Industries, a defense company that builds “low-cost cruise missiles.” It previously avoided the defense market.

2 min read

Photo by Kārlis Dambrāns via CC BY-SA 4.0

International Economics

China Brings in Subsidies for Smartphones

On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.

1 min read
Photo by David Vives via Unsplash

Private Equity

Will Private Equity Fuel a Big Year for IPOs?

As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Rawpixel via Freepik

Private Equity

All in the Franchise: Why Private Equity Loves the Business Model

It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.

6 min read

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