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Coinbase Co-Founder’s New VC Firm Paradigm Raises $2.5 Billion for Crypto Investments

November 17, 2021November 17, 2021 Loknath Das$2.5, Billion, Co-Founder's, Coinbase, Crypto, Firm, for, New, Paradigm, raises, VC

Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital Partner Matt Huang have raised $2.5 billion (roughly Rs. 18,598 crore) for a venture capital fund aimed at the “next generation of crypto companies and protocols” called Paradigm One, making it the biggest crypto VC fund. Paradigm One was launched in 2018 with an initial $400 million (roughly Rs. 2,976 crore), and the eventual amount raised is double the initial investment goal for the VC fund. The size of Paradigm’s fund highlights the anticipation of a major boom in the crypto industry among…

Consider These Factors Before Investing in Cyber Insurance for Your Business

November 15, 2021November 15, 2021 Loknath DasBefore, Consider, Cyber, Factors, for, In, Insurance, Investing, these, Your

Cybersecurity isn’t just a big business problem. While huge corporations like T-Mobile and Microsoft have made headlines with recent data breaches, smaller companies have also found themselves increasingly at risk. A recent report from the cybersecurity firm Sontiq found that in 2021, the data breaches posing the greatest risk to consumers were those launched against small businesses. Meanwhile, the breaches themselves are getting more costly. In fact, a 2020 analysis by Cybersecurity Ventures estimates that cybercrime will cost businesses $10.5 trillion globally by 2025—a huge increase from just $3 trillion in 2015. With the…

Are You Working for Your Business or Is Your Business Working for You?

October 26, 2021October 26, 2021 Loknath DasAre, business, for, Is, or, Working, You, Your

Business owners are a special breed. At some point, they decided that working for themselves (despite all the perils that come with this occupational choice) is a better path to their version of success than working for someone else. In the beginning, passion and lofty goals can be a real elixir for the journey ahead. And, although the finish line can seem a long way off, the usual sign of victory is some sort of financial freedom. The assumption is that building a business will free you from all the financial…

A Strong Parallel Between Health Care And Housing For “All”

June 4, 2020June 4, 2020 Loknath Dasa, and, between, Care, for, Health, Housing, Parallel, Strong

My colleague Alex Berezow at the American Council on Science and Health (ACSH) has a skill for writing efficiently about complex issues like COVID-19 and health care. In one of his latest posts at ACSH he points out the deep flaw in the notion of “universal health care” in a way that, with some minor edits, could be repurposed to criticize the notion of “housing as a human right.” Simply put, when anything is made universal it almost certainly isn’t unless there is an absolute equilibrium between supply and demand,…

PSU banks loan report: Govt banks lent this much for business, farming during coronavirus months

May 19, 2020May 19, 2020 Loknath Dasbanks, business, coronavirus, During, Farming, for, govt, lent, Loan, much, PSU, Report, This

Under the scheme, the banks provide an additional line of credit of 10 per cent of the existing fund based on working capital limits, subject to a maximum of Rs 200 crore. State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors including MSME, agriculture and retail between March 1 and May 15 when businesses were reeling under the impact of COVID-19 crisis. Loans sanctioned at the end of May 8 stood at Rs 5.95 lakh crore. “Loans worth over Rs 6.45 lakh crore were sanctioned…

Should you go for investment products that come with lock-in?

May 12, 2020May 12, 2020 Loknath Dascome, for, Go, investment, Products, Should, That, With, You

Uncertain financial situation and the market dynamics coupled with a bleak economic scenario are prompting people to take a hard look at their investment options. Investors are especially concerned about products with long lock-in periods, say five, 10 or 15 years. Many are wondering whether it is the right time to lock funds for the long term. Read more to know what you should do if you are in a similar situation. Enhance your liquidity position Considering job losses and pay cuts in the wake of the covid-19 pandemic, financial…