Peter Thiel’s motto for his Founders Fund is “We wanted flying cars, instead we got 140 characters.”
We’re still not very close to the flying cars, but at least some of the technological improvements in the vehicle manufacturing world will make our wheels of the future safer, connected, and leveraging the analytics of big data. These new technological features can currently be found in some of the more luxurious brands, but as sensors and technology gets cheaper it will eventually make its way down to the Toyota Corollas of the world.
Canyon Distressed Opportunity Fund likes the backdrop for credit
The Canyon Distressed Opportunity Fund III held its final closing on Jan. 1 with total commitments of $1.46 billion, calling half of its capital commitments so far. Canyon has about $26 billion in assets under management now. Q4 2020 hedge fund letters, conferences and more Positive backdrop for credit funds In their fourth-quarter letter to Read More
Vehicle Manufacturing: Wheels Of The Future
Infographic source: Symphony Teleca