Chronicling Robots Since 2011
CBS MarketWatch declared 2020: The Year of the SPAC (Special Purpose Acquisition Corporation). A record 219 companies went public through this fundraising vehicle that uses a reverse merger with an existing private business to create a publicly-listed entity. This accounted for more than $73 billion dollars of investment, providing private equity startups a new outlet … Read more
Last month, private equity giant Blackstone Group announced the acquisition of Colony Capital for $5.9 billion, a deal that encompasses 60 million square feet of warehouse space across 465 facilities. Blackstone is reported to manage now over $250 billion worth of property worldwide, and the Colony purchase comes on the heels of a previous warehouse … Read more
Traveling to six countries in eighteen days, I journeyed with the goal delving deeper into the roots of my family before World War II. As a child of refugees, my parents’ narrative is missing huge gaps of information. Still, more than seventy-eight years since the disappearance of my Grandmother and Uncles, we can only presume … Read more
A day before snow decapacitated New York commuters, researchers at the University of Iowa and Princeton demurred the growth of urbanization as the leading cause for catastrophic storm damage. Wednesday’s report stated that the $128 billion wake of Hurricane Harvey was 21 times greater due to the population density of Houston, one of America’s fastest … Read more