PitchBook, the premier data provider for the private and public equity markets, today released PitchBook’s VC Exit Predictor, a new tool and scoring methodology that objectively assesses a startup’s prospect of a successful exit. The tool leverages machine learning and PitchBook’s database of information on VC companies, financing rounds and investors. The primary component underpinning the tool is a classification model developed by PitchBook’s Institutional Research Group that predicts the probability a VC-backed startup will ultimately be acquired, go public, or not exit due to failure or becoming self-sustaining. PitchBook’s VC Exit Predictor is accessible within the PitchBook Platform and can be found on company profiles and in advanced search. Continue reading
Category Archives: Business
Seven tips for finding happiness at work
Cary Cooper, University of Manchester
Work, it’s something most of us do though it isn’t always enjoyable. Whether it’s long hours, gruelling tasks or just the repetitive nature of a day-to-day routine, work can sometimes be something we have to do rather than something we want to do.
This Week in Transportation News: 12 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week’s most newsworthy and popular releases, here’s a roundup of stories from the week that shouldn’t be missed. Continue reading
Budget 2023: government needs to show it can jack up growth to regain economic credibility
Steve Schifferes, City, University of London
UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.
Silicon Valley Bank: how interest rates helped trigger its collapse and what central bankers should do next
Charles Read, University of Cambridge
A former prime minister of Britain, Harold Wilson, is famous for remarking that a week is a long time in politics. But in the world of finance, it seems everything can change in just two days.
HSBC will acquire the assets of SVB UK. Deposits will be protected
Here’s the HM Treasury statement:
Silicon Valley Bank (UK) Ltd has today been sold to HSBC. HSBC is headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally. Customers of SVB UK will be able to access their deposits and banking services as normal from today.
The Institute of Chartered Accountants in England and Wales (ICAEW) aim to change the face of accountancy with the launch of their third consecutive virtual work experience programme in collaboration with Cappfinity
ICAEW has launched their latest virtual work experience programme in partnership with HR tech firm, Cappfinity. The professional membership body, which represents the interests of 195,000 members and students around the world and has 13 offices worldwide, launched its 2023 campaign following the success of its innovative work experience programme in 2021 and 2022. Continue reading
Lloyds Banking Group invests £10 million in digital identity company Yoti
Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data. Continue reading
PR NEWSWIRE’S PREMIUM CONTENT SERVICES BRAND, MULTIVU, KICKS OFF NEW YEAR WITH EXPANDED DIGITAL SOLUTIONS AND STRATEGIC NEW HIRES
Comscore Releases the Ranking for Gambling & Lotteries in Social Media for the UK
Comscore, Inc. (NASDAQ:SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, today released the ranking of top social properties by engagement for the Gambling & Lotteries category in the UK based on January 2023 data. Continue reading