Cover image via www.youtube.com Sam Lessin, former vice president of product management at Facebook (2010 – 2014), serial entrepreneur and seasoned investor, explains why cryptocurrency is the only "platform shift opportunity" he sees in the 2020s. "AI doesn’t disrupt anything, crypto is a platform shift," Sam Lessin says Mr. Lessin reflects on the concept of the "platform shift," which, he says, is very popular in Silicon Valley. However, the vast majority of "platform shifts" are over-marketed and lack real disruptive power. Crypto is the Only Meaningful Platform Shift Opportunity on the Horizon… not AI, VR/AR, Autonomous / EV, Etc. pic.twitter.com/Vhs04ChhWZ — sam lessin �‍☠️ (@lessin) February 16, 2023 He is certain that the majority of gamechangers are nothing but "big tech moments" that actually fold into existing infrastructure instead of creating new ones. For instance, artificial intelligence (AI) "doesn’t disrupt anything," being yet another product of the cloud computational segment. AI just scales differently and uses more powerful hardware for its development. VR/AR products are too expensive to build; no VR unicorn would be capable to compete with Apple or Microsoft since too much must happen to make it work. As the dust settles, Tesla – let alone other […]

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Imperial Valley Home School Academy kindergarten student Z. Gaddis’s bird-like arts and crafts project was shown virtually for the El Centro Elementary School District’s annual Arts Festival, March 29, in El Centro. IMPERIAL – Imperial County artists and cultural professionals are encouraged to attend an informational session discussing the opportunity for multiple people to receive approximately $33,333 in state grant funding, to develop and implement media, outreach, and engagement campaigns that increase public awareness on specific regional issues, according to a recent press release. The Far South/Border North: Artists and Cultural Practitioners in Community (FSBN) grant will hold a discussion session on Thursday, March 9th at 6 p.m. inside the Imperial Valley Food Bank’s Community Rooms located at 486 West Aten Road in Imperial. “Applicants are highly encouraged to attend information sessions organized by the FSBN partners before submitting applications,” the FSBN grant guidelines stated in the release. FSBN is a program developed by the city of San Diego in collaboration with Catalyst of San Diego & Imperial Counties, the San Diego Foundation, and the San Diego Regional Arts and Culture Coalition. FSBN is designed to provide artists and cultural practitioners opportunities to develop and implement media, outreach, and […]

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GREEN BAY, Wis. — The American Dairy Coalition applauds Senator Kirsten Gillibrand (D-NY) for the dairy priorities she has announced ahead of the upcoming 2023 Farm Bill negotiations, especially her plan to reintroduce the Dairy Pricing Opportunity Act. Senator Gillibrand first introduced the Dairy Pricing Opportunity Act in 2021 with Senators Leahy (D-VT) and Collins (R-ME). The introduction of this bill was a direct result of Senator Gillibrand’s 2021 Senate Agriculture Subcommittee hearing on modernizing milk pricing and the FMMO system and has paved the way for critical discussions surrounding FMMO reform in not just Class I pricing, but potentially other areas as well. Specifically, the Dairy Pricing Opportunity Act requires the Secretary of Agriculture to initiate the process of holding FMMO hearings within six months on “the views and proposals of producers and the dairy industry on Class I skim milk price, including the ‘higher of’ formula… and any other views and proposals on the Class I skim milk price, and such other matters as the Secretary of Agriculture considers appropriate.” “We are grateful to Senator Gillibrand for her leadership on this important bipartisan legislation to open the Federal Milk Marketing Order (FMMO) hearing process which will empower […]

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Rockville-based Camber Creek has closed yet another fund aimed at property technology companies, but this time with different plans for where that money could go. Managing Partner Casey Berman said the firm’s first Opportunity Fund — with oversubscribed capital commitments of more than $100 million — offers a chance for the firm to be more creative than in the past. Some of the new dollars will be reinvested into companies that were part of Camber Creek’s last four funds, but it also offers a chance to back new names "where it’s a unique situation." “It won’t be just the vanilla venture deal, and that could be anything from a secondary situation to a recapitalization of the company,” Berman said in an interview. “It’s hard to predict because we actually created this vehicle just for the very reason of being able to be creative. So, we can talk to the ones that I’ve seen before, but it’s quite likely the deals we’ll do will be things that we have not seen or done before.” This pot, he said, "was born out of our investors’ desire to deploy more capital into the best companies." The current market — with high inflation […]

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ATTOM’s newly released Q4 2022 Opportunity Zones Report found that median single-family home and condo prices decreased from Q3 to Q4 2022 in 56 percent of qualified zones around the country, and went down at least 5 percent in almost half. The report noted those declines closely paralleled drops in neighborhoods outside the zones as prices fell across the broader U.S. housing market during the second half of 2022, following a decade of almost continuous growth. According to ATTOM’s latest opportunity zones report, some signs emerged during the fourth quarter, however, revealing that designated zones targeted for redevelopment, were withstanding the national market retreat better than other neighborhoods. The report mentioned this happened just as they outperformed nationwide increases by some measures during the boom period. The report also noted that larger portions of opportunity zones saw typical values rise by at least 10 percent both quarterly and annually compared to the rest of the nation during the last few months of 2022. The report found that typical home values in opportunity zones remained well below those in most other neighborhoods around the nation in Q4 2022, as median prices fell beneath the nationwide figure of $321,500 in 79 […]

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Feb. 17, 2023 — Washington, DC — Today, the U.S. Department of Energy announced $80 million, provided by the Office of Science, to support fundamental research to drive the innovation cycle in support of the Accelerate Innovations in Emerging Technologies (Accelerate) initiative. The program announcement can be found here . A webinar on this opportunity will be held on February 27th at 2 p.m. EST, registration is here . Total combined planned funding is up to $80 million over two years, with outyear funding contingent on congressional appropriations. The funding anticipated for each award is $2M to $4M per year. Applications are open to the DOE national laboratories. Partnerships with other institutions, including academia, other national laboratories, not-for-profit organizations, or industry, are strongly encouraged, especially partnerships with emerging research institutions, including Minority Serving Institutions (MSIs) and Historically Black Colleges and Universities (HBCUs). Accelerate seeks to integrate novel concepts and approaches into fundamental research that could accelerate the innovation process, greatly reducing the time from discovery to product, which can take years to decades. Accelerating the innovation cycle requires identification of key gaps that need to be overcome at the early stages of basic research so these innovations can enter […]

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Written by Summary ILPT is trading at a very deep discount to its peers, due to various reasons, including the bad reputation of the company’s external manager. The company is very leveraged but tries to keep financing costs down by securing interest rate caps. I believe that the high debt issue will be tackled by a combination of asset sales and share offerings. The external management deal has clauses that link the manager’s remuneration directly to market cap, in a positive manner. Thus, a speculative investment in ILPT could make sense, at least until the P/FFO gap closes by 200 bp. gremlin It is no secret to people that have been investing for more than 15 years that the stock exchange is full of stories of greed and conflict of interest. Future readers should specifically read the story of Industrial Logistics Properties Trust (NASDAQ: ILPT ). It is a story of a high quality industrial REIT that is caught in the storm due to an unwise decision: The decision to get severely leveraged. And when a banker knocks on your door, the first thing to do is to slice your dividend. A few months ago, I had written an […]

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Source: Shutterstock Does the February share price for UP Global Sourcing Holdings plc ( LON:UPGS ) reflect what it’s really worth? Today, we will estimate the stock’s intrinsic value by taking the forecast future cash flows of the company and discounting them back to today’s value. Our analysis will employ the Discounted Cash Flow (DCF) model. Don’t get put off by the jargon, the math behind it is actually quite straightforward. We generally believe that a company’s value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. Crunching The Numbers We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second ‘steady growth’ period. In the first stage we need to estimate the cash flows to the business over the next ten years. […]

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Hear about the latest in grant funding opportunities as well as how the North Central Regional Planning Commission can partner with your community or organization to build a successful future by attending one of three community connection events in the region. According to the organization, the events will be an opportunity to get to know the NCRPC staff and learn about available project assistance that can help bring community or organization goals to reality. There are three options to attend as follows: • March 7 in Washington, Kansas, at the KSDS Meeting Room located at 702 D Street from 6 to 8 p.m. • March 9 in Beloit, Kansas, at the NCRPC Basement Meeting Room located at 109 N. Mill Street from 9:30 to 11:30 a.m. • March 14 in Ellsworth, Kansas, at the High Jinks Rec Club located at 301 N. Main Street from 6 to 8 p.m. “There are so many funding options that communities can access, but they are ever changing and sometimes have very short application windows. This is a chance for communities to visit with us so that they can be prepared to capitalize on these opportunities,” said NCRPC Strategic Development Advisor Deb Ohlde. […]

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Successful digital transformations start with getting the basics right. Digital transformations are notoriously hard. In Forrester’s Business And Technology Services Survey, 2022 , nearly all services decision-makers have or anticipate challenges in executing their digital transformation. But this does not mean that there is some secret sauce that only a chosen few digital natives possess that remains hidden to the rest of us. Akin to fitness plans, there’s a new program revealed regularly, presenting the latest “celebrity secret” to finally getting the transformation results you seek. But as with exercise, the foundation for a successful digital transformation starts with getting the basics right. And our data shows that most transformation journeys are still struggling with the basics. Don’t get me wrong: To truly excel at transformation, advanced concepts are crucial. At Forrester, we apply these daily to help clients push the envelope toward becoming future fit enterprises. But those concepts won’t help as long as the basics are not in place. In Forrester’s Business And Technology Services Survey, 2022, we asked more than 1,300 services decision-makers to tell us about the main challenges they encounter when executing digital transformation initiatives. Here are the ones that made the podium: Winner: […]

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