🌊The Business Wave #70
Fintech investing, European quantum computers,and more...
Hi everyone,
welcome to another Business Wave edition!
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Now, let’s start!
Investing
Fintech stocks - worth your money?
Even though VC funds are shamelessly throwing money at fintech startups (well, they were up to recently), what happens when your favorite fintech goes public?
Check this out 👇
Of course, there are 2 ways how you can look at this:
sell stocks and get out
this is a good investment opportunity
However, there are two very interesting options to consider here.
Wise
Price wise (get the joke? 😁), this is how things stand at the moment 👇
But of course, you can’t look at the price only, there are other things to consider. First of all, Wise has profitability history dating back to 2017, which is something that not many other fintechs can brag about.
Another important thing is that the Wise has a lot of room for growth in cross-border money transfers which can be very lucrative.
So, we wouldn’t put Wise in the same basket as others.
Nubank
Nubank stock price currently is as follows 👇
However, Nubank has crazy, crazy potential, and this could be a bargain.
If you want to know more about Nubank, recently we did deep dive on it.
Also, if you are into similar things, we did little Revolut piece as well
👉 Revolut UK Banking license drama
Startup News & Funding
Europe
Europe - quantum computer powerhouse?
10 European quantum computer startups are close to reaching superposition. Now, I guess that 99% of our readers (including myself) don’t have a Ph.D. in Quantum mechanics/physics/something, so superposition won’t mean too much to you.
That is why I found good enough explanation of it 👇
Long story short, much more computer power, and a lot of interesting areas are opening up. The startups that are close to reaching superpositions are 👇
Alice&Bob (they get an extra credit for the name in my opinion)
3 startups are from Finland, 2 from France and UK, and 1 from the Netherlands, Switzerland, and Denmark.
Why is it that all the innovative startups are from cold-climate countries🤔
Tweets of the week
WeWork is going to zero👇
Are we getting lazier or is it productivity👇
Who approved this? Worst rebrand ever👇
This is true. MS Word is still here👇
Crypto focused VC fund, just switched to AI
