Your address will show here +12 34 56 78
Uncategorized

今年較早時,我們推出了首次創作人調查,邀請各位在Patreon上賺取收入的創作人分享更多自己的情況。一直以來,我們不斷透過長期研究、意見表格、焦點小組等不同方式了解我們的社群,而透過這次創作人調查,我們有機會一次過聽取所有人的聲音,更全面了解大家所思、所需、所想。

感謝各位創作人抽空完成調查。這次調查收到數以千計創作人分享自己的情況、經營創意事業的方式、精彩體驗及困難之處,以及期望日後在Patreon平台內外所獲得的體驗。過去數個月,我們認真閱讀了大家的每一份意見,詳細研究了每一項數據。大家的意見有助我們認清方向,釐定之後的工作範疇。

這次調查讓我們更深入了解Patreon上充滿朝氣、各具特色的創作人社群,以下是我們的調查結果。

有關這份調查結果的備註:為準確反映Patreon創作人社群情況,除非另有說明,以下所顯示的受訪者數據一律經加權處理。具體而言,我們注意到視覺藝術家接受調查的機會較其他類型的創作人高出4倍。如果調查結果在不同創作媒介之間有顯著差異,則會以未經加權處理的數據顯示。

I. 創作人資料

參與調查的創作人人數超過13,000人,分別來自113個國家/地區,使用18種不同語言。就Patreon上超過250,000名創作人的社群而言,這次調查所取得的樣本為至今最大的單一樣本。

創作內容

Patreon創作人透過不同媒介展現自我,創作媒介由音樂至視覺藝術不等。影片是Patreon上最受歡迎的主要媒介(超過三分之一創作人使用此媒介),其次是文字作品Podcast

你對哪些主題感興趣?

大家的興趣與表達媒介同樣廣泛而多元化,這一點在調查中顯而易見。從食譜到犯罪紀實,從財務金融到流行文化,各位的創作主題包羅萬有。

II. 經營創意事業的方式

展現創意的方式有千萬種;我們深入了解了創作人建立創意業務的獨門方式,其中包括各位使用Patreon的方式。

你的創作旅程處於甚麼階段?

56%受訪創作人認為自己傾向屬於專業老手,其餘44%受訪創作人則表示自己是新手。

Creative tenure你和誰一起創作?

80%受訪創作人獨力創作作品,另外11%以團隊方式合力創作,其餘8%則獨力創作,但會與非創作人團隊合作。Podcast製作人最常以團隊方式創作(39%),而視覺藝術家則最常獨力創作(94%)。

尋找粉絲

正如大家所料,創作人最初選用及建立受眾社群的平台因創作媒介而異。

  • 超過50%的影片和ASMR創作人,以及超過30%的聲音作品/音樂創作人從YouTube起步。
  • 遊戲/遊戲模組創作人在Twitter(18%)和Discord(17%)上建立自己的粉絲社群。
  • Podcast製作人透過Facebook(17%)、Podcast網絡(16%)和Twitter(16%)開始創作旅程。
  • 視覺藝術家透過DeviantArt(21%)和Twitter(19%)吸納自己的受眾。
  • 作家最常透過Facebook(19%)、Twitter(17%)和自己的網站(14%)起步。

Finding Your Fans

在大家的創作旅程中,Patreon扮演甚麼角色?

Patreon對大家的收入有多重要?

受訪創作人表示自己在Patreon的收入平均佔總收入超過40%。其他主要收入來源包括與創意事業相關的工作接案,以及其他平台上的訂閱計劃。(數字四捨五入至最接近的整數百分比。)

Creative Income創作人的Patreon會籍有哪些特點?

除了接受粉絲支持自己的作品,創作人亦會為自己的Patreon會員提供福利,其中最熱門的福利是獨家內容和率先欣賞創作內容。對不少創作人而言,與訂閱會員互動是會籍的重要組成部分,其中包括粉絲要求/投票、公開表達謝意和/或訂閱會員社群空間。

Benefits delivered on Patreon建立社群:如何命名?

四分之一受訪創作人為自己的社群選用了專有名稱,而非使用「訂閱會員」或「會員」。其中一些獨特的名字包括:「Lanterns」、「Resistance officers」、「Sleepyheads」、「Inklings」、「Slay Squad」、「Podsiders」、「Sofa potatoes」,以及「Amigos」。三分之一的Podcast製作人為社群設定了自訂名稱,比例高於其他類型的創作人。

Patron Names

我們也發現,如果將每月收入差異納入考慮,使用自訂會員名稱的創作人的每月會員保留率平均高出4至8%。雖然這些數據之間並不存在因果關係(亦即為訂閱會員設定專有名稱不一定會導致他們訂閱較長時間),然而,有關數據可以表明,為訂閱會員營造社群氣氛有助加強歸屬感。

分享你的精彩之舉。

79%受訪創作人每月至少宣傳自己的Patreon頁面一次,而43%受訪創作人則每星期至少宣傳一次,主要是透過Twitter、Instagram,以及YouTube影片和相關說明進行。

我們也發現,宣傳頻率與收入息息相關。相比起並非經常宣傳自己頁面的創作人,勤於宣傳的創作人有較大機會獲得較高收入。平均而言,與每月只宣傳頁面一次的創作人(以及控制收入)相比,每日均宣傳頁面的創作人收入高出75%,而每星期宣傳一次的創作人收入則高出31%

Promotion cadence

III. 深入探討:精彩體驗及困難之處

調查問及大家日常使用Patreon的體驗,並收到大家就不同重要範疇所提供的意見,包括方便使用的程度,以及我們提供產品和政策最新消息的方式。

改善的機會

整體而言,大家認為Patreon能夠滿足需求、提供準確的帳戶資料,並設有清晰的政策和指引。大家亦表示希望我們在三個主要方面有所改善,我們為此採取了以下措施。

  • 提高決策透明度
    • 我們聽到:大家希望我們提供更多關於政策及產品的決策背景。
    • 我們採取的措施:
      • 產品優先事項和新功能:我們首先分享了我們2022年的產品優先事項,以及每項決定的背景資料。我們正同時試用新方式,讓創作人與我們的產品團隊交流,例如在推出產品前後舉辦直播的問答環節,方便大家了解我們的各項決定。
      • 指引及政策:除了透過季度直播收集大家對即將推出的政策方案意見外,政策團隊將在今年稍後發表透明度報告,提供相關數據及背景資料,說明我們如何處理非法、有害或其他違反規定的內容。
  • 改善溝通
    • 我們聽到:你希望能更輕易找到有關產品改進、資源和社群活動的最新消息。
    • 我們採取的措施:
      • 定期通訊瀏覽更方便:為確保更多用戶可以查閱我們的季度產品總結,我們會將每一期通訊發表至博客,方便大家隨時瀏覽。我們也會確保及時更新創作人資源中的「最新消息」(位於Patreon.com創作人管理中心的左下角)。最後,我們知道部分基本改善措施(如網站速度和播放體驗)有時難以察覺。我們會改善提供有關資訊的方法,說明這些不為人所見、但卻十分重要的變更。
      • 有關關鍵產品優先事項的最新消息:請留意我們2022年產品優先事項的年中最新消息。
  • 你可以透過以下方式掌握最新消息: 
    • 電郵:在此訂閱定期產品通訊,以及即將舉行的活動和工作坊的通知。
    • 博客我們會利用這個空間分享產品總結、介紹新團隊成員,以及深入講解個別產品的改善詳情。
    • 創作人社群Discord:雖然這個空間的主要目的是讓創作人互相交流,但我們亦會透過#patreon-announcements#ask-patreon以及專門的問答頻道,提供個別計劃的消息、新聞和公告(如季度政策直播)。
    • 資源中心:你可前往Patreon.com創作人管理中心左下角的「創作人資源」,查看最新產品變更。
  • 聆聽創作人的意見
    • 我們聽到:你希望知道我們有聽取你的意見,並更深入了解我們如何收集意見的渠道和方式。
    • 我們採取的措施:多年來,我們發現並非所有創作人都希望以相同的方式提供意見,而這次調查亦再次引證了這一點。因此,我們進行了這次調查,為所有活躍創作人提供表達意見的新方式。以下的概覽則說明我們用於聽取和了解創作人想法的其他現有渠道。我們會繼續透過定期分享觀察所得(例如這份報告、創作人政策參與計劃,以及即將推出的透明度報告),來加強現有渠道,並尋找新的交流方式。

Feedback channels

IV.展望未來 

身為創作人,大家不斷破舊立新、探索新可能,而我們則不斷尋找新方式,助大家向前邁進。我們希望了解你有興趣使用甚麼新工具、服務及技術,助你實現理想——無論這些工具是否由我們建造。

2022年產品優先事項

感謝大家對我們的2022年優先事項發表意見,並按自己的業務需要,為各項內容排定先後次序。綜觀各項內容,原生影片改善發佈流程內容整理最常被列為最重要的兩項內容,其次是解決賬單混淆,以及更簡潔的設計

我們一直在擴大原生影片的測試計劃,並提供新的賬單選項,同時也開始著手改善發佈流程(自動儲存草稿、加快載入速度)和網站瀏覽。我們會在未來幾個月內公佈2022年優先事項的最新消息,請密切留意我們的所有溝通渠道。

2022 Product Priorities未來可能加入的功能

我們也想知道你對各種經常要求的潛在功能的想法。你的意見將有助我們了解我們如何確定前進路線圖的優先順序。其中最受歡迎的功能包括:

  • 單次打賞
  • 贈送會籍
  • 個人化的登入頁面設計
  • 關於新訂閱會員來自哪裏的資料
  • 訂閱會員升級、降級或取消時的通知
  • 允許創作人控制先前發佈內容的存取

Value of Potential Features

關於web3的注意事項: 

我們知道,web3對創作人經濟影響是一個熱烈討論的問題。雖然我們仍專注於你告訴我們你關心的事情(你的調查回覆突顯了),但我們也正在研究,以了解web3應用對創作人的正面和負面影響。

透過調查、公開對話和其他意見渠道,我們知道創作人社群中有許多觀點。部分創作人(包括許多參加此調查的創作人)因為對潛在欺詐行為、環境持續性以及目前應用程式中無法存取技術的疑慮,反對Patreon建立任何web3功能。其他創作人已經在Patreon外提供web3福利,並對他們可以為會員提供新類型數碼商品的彈性和價值感到興奮。在調查中,視覺藝術家(68%)和作家(50%)最反對創作人在Patreon上接受加密貨幣付款的能力,而39%的圖片、34%的聲音/音樂和31%的影片創作人表示,這是「關鍵」或「能擁有真好」的能力。

當web3的新應用程式出現時,我們將繼續應有的努力,以評估創作人可能會遇到的機會和陷阱,就像我們對待任何新興科技一樣。我們不會因為聽起來很有型而創造新事物。現在和未來,我們的發展方向是專門建立能為創作人帶來長期價值的科技。因此,每當我們考慮建造任何新東西時,它必需: 

  • 讓創作人擁有他們的作品和粉絲群
  • 為創作人提供自由和靈活的工作方式
  • 讓創作人有機會建立自己的業務 

 

在未來幾年內,作為創作人,你最渴望做甚麼?

毫無疑問,你在未來幾年內的首要願望是增加受眾。四分之一的你亦在尋找與創作人的新合作,以及新媒體的實驗。

Future Aspirations謝謝!

今天,作為創作人是最困難的工作之一,但同時是最具獎勵的工作之一。此次創作人調查的目標是更好地了解你的需求和渴望,我們為你提供最好的平台,讓你做自己最擅長的事情。向所有參與我們調查的人說一聲:謝謝。我們很高興在未來幾個月內及以後,利用我們在這裏學到的東西來完善我們的優先事項。請留意我們的最新消息!

0

Uncategorized

When investing, your capital is in danger.

Do you know that the common Brit spends £300 a yr on home vegetation? Surprisingly, Gen Z are the most important plant lovers, proudly owning a median of 10 vegetation.

The pandemic definitely introduced in a surge of curiosity for houseplants, particularly the Chinese language Cash Plant which noticed a search rise of 402%. Are you able to blame them? 

Chinese language Cash Plant – Leaf Envy

The rationale folks had been shopping for extra vegetation lies between just a few causes: partaking with a brand new non-digital pastime, social media tendencies, lastly having the time to take higher care of their residence aesthetic and the psychological advantages of houseplants. 

In response to the RHS, houseplants are recognized to: 
  • Enhance your temper
  • Scale back stress ranges
  • Improve your productiveness 
  • Scale back blood strain
  • Scale back fatigue and complications by 20-25%

Dr. Hayk Khachatryan, an Affiliate Professor and Director of the Client Behaviour & Insights on the College of Florida, performed a houseplant analysis research which discovered that 72% of plant consumers said their houseplants made them really feel happier. 44% reported feeling extra optimistic about their future in the course of the pandemic. 

With the indoor houseplant sector final valued at £2.2 billion within the UK, specialists predict that it’s solely going to develop. Beth Chapman, the founding father of Leaf Envy, is carving out her personal area on this rising discipline (pun supposed).

Beth Chapman Leaf Envy Seedrs

Leaf Envy is the final word vacation spot for the trendy plant lover. Beth, an inside design and nature fanatic, got here up with the concept when she moved to Los Angeles for a earlier job. Because of the relocation, she bought all the things and determined she wished to solely buy significant issues. So when she arrived at her new empty house, she determined she would incorporate nature into her residence. 

Nonetheless, on this journey, Beth noticed a spot available in the market and Leaf Envy was born as a pop-up on her sister’s canal boat. Quick ahead to 2019, Beth was accepted onto Google’s Feminine Founder programme and so they shortly outgrew the boat! 

So far, Leaf Envy has processed over 25,000 orders (which implies they’ve planted over 25,000 timber). A champion within the sustainability area, all packaging is 100% sustainable and orders are delivered with electrical vans and bikes. The Leaf Envy group has a powerful background in Enterprise Growth and Advertising and marketing which no surprise has led to 80% of income pushed by non-paid site visitors and phrase of mouth, and touchdown massive B2B accounts similar to Grind, Google and Soho House. 

How does Leaf Envy generate income?

Leaf Envy’s enterprise mannequin covers 5 income streams:

  1. Product: Vegetation, pots and equipment
  2. Subscription plant field: Subscribers obtain a shock plant & pot every month, curated by plant designers.  
  3. Company gifting: Shoppers embody the likes of Amazon, DAI and Google.
  4. Dropship & wholesale 
  5. B2B channel: Designing and putting in luscious greenspaces in organisations like Grind & Adidas.

By diversifying their income streams, they’ve created a enterprise which may thrive within the worst of conditions. However with 68% YoY income development and a 45% order repeat fee, we’re certain they’ll be simply high-quality. 

Now able to take the enterprise to the following degree, they’re nearly to hit their £360,000 fundraising goal. With over 130 buyers becoming a member of them on the experience, Leaf Envy plans on utilizing the capital to rent digital specialists, create top quality content material to extend model consciousness and make investments extra into their tangible merchandise. 

Wish to be part of their journey to take the plant trade by storm? Take a look at their marketing campaign right here.

0

Uncategorized

On the finish of the day, all folks really need on this life is sweet vibes. After all, we imply that within the emotional/religious/psychological means, however we additionally imply that within the very literal means — the vibrator means. And we are able to all however assure that investing within the latter will assist enhance the previous.

Doubtless, you don’t want us to checklist the virtues of getting a vibrator you’ll be able to depend on — the advantages of getting your self off communicate for themselves. Discovering that dependable vibrator although, generally is a complete different story. Even for those who’re happy with the intercourse toy stash you’ve constructed up, confronting the sheer variety of choices in the case of choosing out a brand new vibe is overwhelming. And for those who’re new to the sport? Effectively, choosing that excellent first vibe can really feel subsequent to not possible.

Does the proper vibrator exist?

Sure! Additionally, no. As with every part else in the case of intercourse, what makes an excellent vibrator depends lots on a single issue — your personal preferences. That’s to not say there aren’t key options you must search for in a vibe, however what one individual’s excellent vibrator is might be one other individual’s buzzing nightmare.

On Mashable’s personal intercourse and relationships group, clit suction toys are extremely divisive, pointing to the very apparent proven fact that completely different folks get pleasure from completely different sensations, and subsequently reward completely different vibrators as The Finest. All of this to say, for those who’ve tried a vibrator that didn’t do an entire lot for you regardless of testimony after testimony that it could provide the greatest orgasms of your life, all meaning is that your intercourse toy search continues, not that there’s something incorrect with you.

How to decide on your vibrator

Vibrators are available in all completely different shapes, sizes, and although they carry out the identical fundamental operate, differ fairly a bit in how they get you there. Discovering precisely what works for you generally is a generally irritating, however in the end very attractive and enjoyable course of, that requires you take note of what you want and what you are much less keen on.

Vibration speeds and patterns

On this case of vibration speeds and patterns, extra doesn’t essentially equal higher. Certain, it may be enjoyable to combine it up infrequently, however clicking by 11 completely different settings for those who by accident hit a button mid-masturbation is not precisely the definition of an excellent time. Nonetheless, for those who’re somebody who likes a vibrator that’ll hold you in your toes, having the variation might be good.

Buzzy vs. rumbly

Along with programmed vibration intensities, speeds, and patterns, vibrators fall into three classes: rumbly, buzzy, or someplace in between. Some manufacturers, like Dame, will put the place a vibe falls proper on the product web page, however in different cases, its value taking a look by the evaluations to see what folks say. Usually, battery-powered vibes are buzzier. Rumbly vibrators are likely to have decrease frequency vibrations which can be quieter and might be felt deeper, whereas buzzy are increased in frequency, are louder, and hold sensations extra floor stage, which might be nice for pinpointed stimulation (although some folks complain that this causes a numbing sensation). On your comfort, we have made positive to mark the place all of the vibrators under fall.

Dimension and form

The Magic Wand is a cult favourite for a purpose. However regardless of its normal reliability, a bigger wand vibrator does not essentially scream discreet. This wand particularly tends to be louder, and positively requires extra actual property in your nightstand drawer.

The scale of a vibrator may decide the completely different or restricted methods you need to use it. The Magic Wand because it comes with no attachments and is not designed to be put inside you. A bullet vibrator, nonetheless, most likely can (although we advocate following a model’s directions concerning the secure methods to make use of its intercourse toys). On the very least, a smaller and extra compact vibe might be higher for use throughout intercourse, if that is when and the place you intend on utilizing your vibrator probably the most.

Cleanliness

In case your vibrator isn’t made out of high quality materials or all that simple to wash, you most likely received’t be reaching for all of it that a lot, even for those who’re attractive 24/7. Merely put, for those who’re commonly placing one thing close to, on, or in your genitals, you’ll wish to ensure that one thing is secure and that it might probably take a pleasant thorough clear after. This may imply that you just steer clear of these mildly sketchy tremendous low-cost vibrators and make investments a bit extra, which doesn’t essentially imply you’ll should sacrifice affordability.

Battery life

Some vibrators run on teeny, tiny, batteries, however most lately (particularly for those who’re paying a bit extra) are USB rechargeable. For those who discover a vibrator makes use of a magnetic USB charger, it’s most certainly splash-proof and perhaps even waterproof, which is very excellent news for those who such as you use your time within the tub to actually chill out. Most rechargeable vibes have at the least 30 minutes of runtime in them, however it’s positively value double checking if you recognize you want taking your time and dislike feeling rushed.

Good vibes await you

On this checklist, you will discover vibrators designed to tease you till you’ll be able to’t take it, get you there in two minutes flat, or allow you to select the pace that day. You’ll be able to select one for now or fill up on a number of to make use of for various events. In any case, you deserve one of the best of one of the best, so listed here are our prime picks for vibrators for 2022 (up to now).

0

Uncategorized

Investing in startups is dangerous and long run. There’s no arguing with that. We’ve been doing this for practically a decade now, however nothing good in life ever got here straightforward!

We’ll maintain the historical past transient.

Traditionally, expertise firms would increase a bit capital at an early stage to get the corporate off the bottom. They’d then work rapidly to checklist on public markets so as to increase additional capital for future development.

With the rise of deep-pocketed Enterprise Capitalists, like Andreessen Horowitz, Sequoia Capital, and Atomico, new tech startups have the chance to lift extra financing with out seeking to the general public markets.

The common time to exit (from preliminary funding to public itemizing) has elevated from three years in 2000 to eight years in 2020, in keeping with information from ThomsonOne1. 2.5x – a major change.

For context, Apple listed on the general public markets in 1980 at a valuation of $100 m (round $349 m adjusted for inflation) with 1,000 workers and $118 m in income ($410 m adjusted), four years after its first angel funding. Stripe joined its first accelerator in 2010 and stays non-public as we speak, rumoured to be the subsequent huge fintech IPO2. While non-public, Stripe has achieved a valuation of $95 bn, grown its headcount to greater than 7,000, and reached revenues of $7.four bn in 2020 (when valued at $36 bn).

The scales have modified. Apple had raised four rounds and fewer than $four m in capital from a handful of angels, VCs and Asset Managers earlier than its IPO, and used the general public itemizing to lift an additional $100 m. Stripe has raised $2.23 bn by means of 15 funding rounds while remaining non-public, with 86 angels and establishments listed as traders on Pitchbook.

Corporations now not want to show to the general public markets to lift billions in capital to gasoline development.

While this variation is nice for personal firms, sidestepping most public market volatility, it’s not so good for the on a regular basis investor. Until you’re fortunate sufficient to know the subsequent Jeff Bezos, or have already amassed sufficient to speculate £25,000 or extra right into a single firm, you’re unlikely to have the ability to put money into the subsequent Apple or Amazon. This leaves on a regular basis traders on the sidelines as the normal incumbent early traders, resembling VCs and their LPs, make the large cash.

The prolonged timeline has positives and negatives for early traders. Corporations have extra time to mature, develop and create worth away from the volatility of public markets, and shares can attain a lot larger valuations than if this timeline remained at four years. Nevertheless, early traders, workers, and founders now have to attend far longer to understand the money worth of their investments (whether or not these be money investments, or time spent constructing the corporate).

With these wants thought of, the enterprise capital secondary market has grown in recognition as these traders need versatile entry to their money. Secondaries particular funds have appeared, shopping for unique fairness stakes, restricted partnership pursuits, and buying shares straight from founders and traders, typically at appreciable reductions to their paper worth.

Setter Capital reported that world non-public fairness secondary market quantity reached a file $143.Three bn in 2021, greater than doubling the overall quantity of $61.eight bn in 2020. While these figures are dominated by Non-public Fairness leveraged buyout secondaries, enterprise capital fund secondary transactions jumped 154% from 2020 to 20213.

This shift accounts for the wants of the VCs and shareholders, however it doesn’t allow you as a person investor to realize publicity to the expansion of those tech firms. 

That’s the place Seedrs Secondaries are available. We’re capable of assist shareholders exit in the identical manner that secondary VC funds can, with one easy transaction, due to the Seedrs Nominee. 

We additionally permit you, Seedrs traders, to put money into these firms pre-IPO. For the primary time, on a regular basis traders at the moment are capable of put money into late stage, excessive development tech firms from as little as £10.

You now not should miss out on these thrilling funding alternatives. 

This 12 months we’ve listed and closed Inconceivable Meals, the biggest and quickest rising plant-based firm worldwide, and Freetrade, the quickest rising funding platform within the UK, ramping up its European enlargement. We’ve received thrilling alternatives coming within the subsequent few weeks, so maintain your eyes peeled!

While secondaries in these pre-IPO giants are a comparatively new function, secondaries are a part of our DNA at Seedrs. Our Secondary Market, Europe’s largest, has been enabling our portfolio shareholders to exit since 2016. With over 600 companies listed, the market has transacted practically £20 m since its inception, together with £7.6 m in Revolut shares.

We’re positive you have got extra questions so try our Secondaries FAQ to get your solutions.

What’s a secondary spherical and the way does it differ from a major spherical?

A secondary gives fairness from present shareholder “sellers”. This differs from a major the place ‘new’ shares are issued by the enterprise. Present shares are being offered by present shareholders in change for liquidity, reasonably than new shares being issued by the corporate elevating capital.

What forms of secondaries are listed on Seedrs?

There are two forms of secondaries listed on Seedrs. Firm-led secondaries and Shareholder Secondaries. 

A Firm-led Secondary is a liquidity alternative managed by the unique share issuing firm. These secondaries could happen as a result of a founder needs to promote some fairness, the corporate needs to reward workers, or to scrub up its Cap Desk. Our pals at Cheeky Panda ran a profitable secondary marketing campaign on Seedrs final 12 months, you’ll be able to examine it right here

A Shareholder Secondary is a Secondary Share Sale the place the Firm wherein shares are being offered isn’t straight managing the transaction. We lately ran Shareholder Secondaries in Freetrade and Inconceivable Meals Inc. Sellers in these transactions are sometimes early traders or (ex-)workers with vested shares seeking to entry liquidity earlier than a full exit occasion. The transaction is initiated by a shareholder, and the corporate is prone to solely be concerned on the finish of the method to approve the commerce, relying on switch restrictions.

What are the dangers related to secondaries?

Secondary investments carry the identical dangers as major investments. The kind of funding is illiquid and personal firms can take years earlier than reaching a degree of exit, if an exit occurs in any respect. If the corporate goes out of enterprise, all funding is prone to be misplaced.

A key distinction, nonetheless, is that the Secondary transactions sometimes happen in later-stage, established companies which are sometimes well-funded, well-respected manufacturers. They’ve have gained appreciable traction and are backed by a few of the finest traders on this planet. In precept, this doesn’t make Secondary investments any much less dangerous than Main investments. Traders will nonetheless have to conduct their very own due diligence and guarantee they’re snug with the dangers related to investing in a personal firm.

Key phrases:

Enterprise Capitalists (VCs): a personal fairness investor that gives capital to firms with excessive development potential in change for an fairness stake. 

Liquidity: The benefit with which an asset, or safety, may be transformed into money.

Preliminary Public Providing (IPO): the method of providing shares of a personal firm to the general public in a brand new inventory issuance. When an organization IPOs, they’re able to increase capital from public traders. 

Fairness: the worth of the shares issued by an organization.

Shareholder: an proprietor of shares in an organization.

Secondary: A secondary transfers fairness from present shareholder(s) who’re “sellers”. 

Until in any other case specified, all information is from Pitchbook. 

[1] – Greenspring Associates – The Rise of the Enterprise Secondary Market
[2] – The Enterprise of Enterprise – Mega-unicorn Stripe is mulling an IPO
[3] – Institutional Investor – Secondary Markets Simply Had Their Largest 12 months Ever

0

Uncategorized

A number of days in the past, soon-to-be Twitter proprietor Elon Musk (ought to the deal undergo) casually tweeted about introducing a payment for some customers of the service. “Twitter will at all times be free for informal customers, however perhaps a slight price for business/authorities customers,” he wrote.

It sounds virtually inconsequential, however it seems that Musk’s plans for that future arm of Twitter’s enterprise are greater than it appears. In response to The New York Instances, which has obtained Musk’s pitch deck for traders, Musk has an extremely formidable plan for Twitter’s subsequent couple of years, and that plan does not depend on promoting income.

This is the rundown: Musk plans to extend Twitter’s annual income to a whopping $26.four billion by 2028, up from $5 billion in 2021. By then, he additionally plans to achieve 931 million customers, up from 217 million on the finish of 2021, with common income per person additionally growing to $30.22, up from $24.83 final 12 months.

Proper now, Twitter makes 90 % of its cash from promoting. However Musk plans to cut back the corporate’s reliance on advertisements, and that is the place that “slight price for business customers” is available in – by 2028, Musk plans to generate $12 billion in income from promoting, and $10 billion from subscriptions, with the remainder of the income coming from funds, knowledge licensing, and so on.

This might imply a large change to how Twitter operates proper now. Sure, the corporate has an experimental, paid model referred to as Twitter Blue (Musk additionally plans to have 159 million subscribers for that by 2028), however the fundamental model of the service is free for everybody. Musk appears to suppose that companies and governments will see sufficient worth in Twitter’s platform to start out paying a payment to entry it, a speculation that hasn’t but been examined on a serious, normal function social media platform. Twitter’s main rivals, akin to Fb, Instagram, TikTok, and Snapchat, are all free, however make the majority of their cash in promoting.

In response to The New York Instances’ report, Musk additionally has plans to introduce a brand new product referred to as “X,” and have 104 million subscribers to it by 2028.

To realize all that, Musk plans to fireplace some staff subsequent 12 months, with the overall quantity declining from 9,225 in 2022 to eight,332 in 2023. Finally, Musk plans so as to add extra staff to Twitter, with the overall quantity being 11,072 by 2025.

0

Uncategorized

If you have not already performed right this moment’s Wordle, ensure you refresh your browser, otherwise you may get an unintentional reminder of how distressing the information is correct now.

The New York Instances printed a be aware to Wordle gamers simply after midnight Japanese Time right this moment, Could 9, asking them to refresh their browsers earlier than they performed so as to guarantee they’ve the up to date model of right this moment’s puzzle. The Instances, which bought Wordle from creator Josh Wardle earlier this 12 months, has changed the answer that had been meant for right this moment in line with Wardle’s authentic listing of solutions.

This is not the primary time the Instances has substituted in a brand new Wordle reply to the one which had initially been deliberate. When this occurs, gamers who have not refreshed their browser for the reason that change was made could also be served the outdated puzzle, and never the one which most individuals shall be enjoying.

On the earlier events the place this transfer has been made, it was as a result of the Instances staff has been regularly excising phrases it considers to be obscure, complicated, or “doubtlessly insensitive” from the glossary so as to make the sport “extra accessible”. For Could 9, puzzle #324, it was as a result of the unique phrase occurs to have a particular and loaded connection to a present information story.

“At New York Instances Video games, we take our function severely as a spot to entertain and escape, and we would like Wordle to stay distinct from the information,” wrote the Instances’ Editorial Director, Video games, Everdeen Mason, within the be aware. “However due to the present Wordle expertise, it may be troublesome to alter phrases which have already been loaded into the sport. Once we found final week that this explicit phrase can be featured right this moment, we switched it for as many solvers as attainable.”

“You received’t obtain the outdated model when you’ve got refreshed your browser window. However we all know that some folks received’t do this and, in consequence, shall be requested to unravel the outdated puzzle.”

On this useful archived listing of the answer phrases as initially assigned to every day’s puzzle (which was pre-set via the 12 months 2027 and visual in Wardle’s website code), you possibly can see that the phrase for Could 9 was once FETUS. Whereas Mason stresses that this was “fully unintentional and a coincidence”, it is comprehensible that the Instances would wish to keep away from showing to make use of the massively widespread phrase sport to supply any sort of commentary on the subject of being pregnant proper now.

The appropriate to terminate a being pregnant is at all times a uniquely intense and emotionally fraught matter of dialogue in American public life and politics. The temperature has risen once more up to now week following the leak of a draft determination that indicated the Supreme Courtroom is poised to overturn Roe v. Wade — the landmark 1973 determination that has protected the precise to abortion. If the choice holds when the Courtroom guidelines on this case within the new few months, sufferers in at the least 13 states would lose some or all entry to abortion care instantly, with extra states more likely to cross partial or outright bans following the overturning of federal protections.

“We wish to emphasize that it is a very uncommon circumstance,” wrote Mason. “Once we acquired Wordle in January, it had been constructed for a comparatively small group of customers. We’re now busy revamping Wordle’s expertise so that everybody at all times receives the identical phrase.”

0

Uncategorized

It is a new daybreak, it is a new day, and there is a new Wordle for me… and also you! We’re right here that will help you out with the Might 9 Wordle, sport #324, and which means suggestions, clues, and at the moment’s Wordle reply, which you could find means down the underside of the web page.

In case you are new right here: Wordle was invented by engineer Josh Wardle as a present for his puzzle-loving associate, and it went super-viral in late 2021. His authentic sport was purchased by the New York Occasions for his or her Puzzle part earlier this yr in a seven-figure deal. 

Is the New York Occasions making Wordle more durable now, you might need puzzled? If something, they’ve made it simpler. It is the standard Wordle, with some “more durable” phrases given the boot. However in case you’re not feeling challenged sufficient, you possibly can at all times change on Onerous Mode, which suggests you possibly can’t make any guesses that do not have beforehand confirmed letters in them. (Sure, you have been enjoying on Simple Mode.)

Not the Wordle reply you are after? Listed below are the Wordle reply and hints for Might 8.

What’s the perfect Wordle beginning phrase?

Working that out definitively requires precise math, and we’re not right here for math — however fortuitously, different individuals have labored it out for us. There are a great deal of choices.

What’s a Heardle? Quordle?? Dordle?!

When you simply need extra Wordle, suddenly, strive Dordle and Quordle and the larger numbers that lie past. (It is the Jazz + Jazz = Jazz of Wordle.) If you wish to capitalize in your years of Star Wars or Taylor Swift experience, strive these fandom-inspired variations, or check your ears (and your nostalgia) with the music guessing sport Heardle.

This is how one can play outdated Wordles from the archive

One a day not sufficient? The entire archive of previous Wordles is on the market to play on-line.

Why are there typically two completely different Wordle solutions on the identical day?

As we have beforehand reported, that is right down to some modifications the New York Occasions has made to creator Josh Wardle’s authentic glossary to take away obscure, probably offensive, or complicated phrases.

This is a touch for the Might 9 Wordle reply:

It has to do with mild.

Wordle 324 is a 5-letter phrase that begins with…

The letter S!

What is the reply to the Might 9 Wordle?

Need the reply to Wordle #324? It is…

SHINE.

Did not get there at the moment? That is OK! the fantastic thing about Wordle is there’s at all times extra tomorrow. Come on again now for extra clues and suggestions, y’hear?

Reporting by Caitlin Welsh, Amanda Yeo, and Adam Rosenberg contributed to this text.

0

Instagram
Email
Phone
Messenger
Messenger
Instagram
Phone
Email