We're hiring for these top 5 blockchain roles 🔥Explore ✨
💼 Due Diligence Officer
💼 Launchpad Business Development Manager
💼 Technical Recruiter
💼 Investor Relations
💼 Research & Competitor Analyst
Get in touch with uliana@jayatalent.com about the roles and learn more.
#Hiring #JayaTalent
💼 Due Diligence Officer
💼 Launchpad Business Development Manager
💼 Technical Recruiter
💼 Investor Relations
💼 Research & Competitor Analyst
Get in touch with uliana@jayatalent.com about the roles and learn more.
#Hiring #JayaTalent
🔥5🦄1
Why Startup Mergers and Acquisitions Are Increasing, But Still Slower Than Before
There has been a rise in startups being bought or merging with other companies (M&A), but it's not as fast as it used to be. Private equity (PE) firms are leading these deals, but overall, the pace is still slower than in previous years.
What’s causing this?
In recent years, PE firms have shown more interest in startups, especially in sectors with strong growth potential. But, compared to the past, the number of these deals has gone down.
Here’s why:
Uncertainty in the market: Changes in the economy, higher interest rates, and cautious investors have made people less willing to take risks, so fewer big deals are happening.
Focus on profits: Many companies are now more focused on being profitable and stable, which affects how many startups get bought. While PE firms are still active, they are being more careful and only going for strategic acquisitions rather than buying up many companies.
There has been a rise in startups being bought or merging with other companies (M&A), but it's not as fast as it used to be. Private equity (PE) firms are leading these deals, but overall, the pace is still slower than in previous years.
What’s causing this?
In recent years, PE firms have shown more interest in startups, especially in sectors with strong growth potential. But, compared to the past, the number of these deals has gone down.
Here’s why:
Uncertainty in the market: Changes in the economy, higher interest rates, and cautious investors have made people less willing to take risks, so fewer big deals are happening.
Focus on profits: Many companies are now more focused on being profitable and stable, which affects how many startups get bought. While PE firms are still active, they are being more careful and only going for strategic acquisitions rather than buying up many companies.
🔥2🥰2
We’re thrilled to announce that two standout members from our Ambassadorship Program, Victor and Promise, have officially joined the Jaya Talent team full-time!
Victor takes on the role of Creative Marketing Manager. His creativity and dedication have already played a key role in elevating our brand, and we’re excited to see him drive even more innovative marketing strategies!
Promise steps into the position of Growth Manager. His remarkable efforts in expanding our reach and driving growth have made a lasting impact, and we can’t wait to see him continue helping Jaya Talent grow and thrive!
Welcome aboard, Victor and Promise! 🚀
Interested in joining Ambassador 2.0?
Join here --> CLICK HERE. 💜
Victor takes on the role of Creative Marketing Manager. His creativity and dedication have already played a key role in elevating our brand, and we’re excited to see him drive even more innovative marketing strategies!
Promise steps into the position of Growth Manager. His remarkable efforts in expanding our reach and driving growth have made a lasting impact, and we can’t wait to see him continue helping Jaya Talent grow and thrive!
Welcome aboard, Victor and Promise! 🚀
Interested in joining Ambassador 2.0?
Join here --> CLICK HERE. 💜
❤10
Jaya Talent | Dubai’s #1 Crypto & Web3 Talent Agency
We're hiring for these top 5 blockchain roles 🔥Explore ✨ 💼 Due Diligence Officer 💼 Launchpad Business Development Manager 💼 Technical Recruiter 💼 Investor Relations 💼 Research & Competitor Analyst Get in touch with uliana@jayatalent.com about the roles…
Refer a friend and earn a $500 bonus! 🤑
*bonus paid once your friend competes two months probation period
*bonus paid once your friend competes two months probation period
🦄3
🔥2🏆2❤1
We’re back with another Sufi Night🔥 Get ready to immerse yourself in an enchanting evening of soulful melodies and spiritual vibes 🎼🌙
🗓️ Oct 5, 7 PM GST
📍 Zo House DXB
RSVP here: https://lu.ma/0hcey1ww
🗓️ Oct 5, 7 PM GST
📍 Zo House DXB
RSVP here: https://lu.ma/0hcey1ww
❤4🔥1
GV (Google Ventures) has been highly active in investments this year leading or co-leading 23 rounds totaling $859 million. This puts GV at the top among corporate venture capital (CVC) firms, with major deals including a $125 million round for biotech company Santa Ana Bio, $200 million for data startup Cribl, and $100 million for AI legal tech firm Harvey. These investments highlight GV's diverse portfolio across different sectors.
Salesforce Ventures follows closely, leading or co-leading nine rounds this year, totaling $240 million, compared to 14 rounds last year. One notable deal was a $106 million investment in Together AI, a cloud platform for AI development, which valued the company at $1.25 billion.
Other prominent CVCs include PayPal Ventures, which led or co-led nine rounds, and M12, Microsoft's venture arm, with seven rounds this year. Intel Capital has seen a decline in activity, leading six rounds totaling $166 million, down from 16 rounds last year.
Salesforce Ventures follows closely, leading or co-leading nine rounds this year, totaling $240 million, compared to 14 rounds last year. One notable deal was a $106 million investment in Together AI, a cloud platform for AI development, which valued the company at $1.25 billion.
Other prominent CVCs include PayPal Ventures, which led or co-led nine rounds, and M12, Microsoft's venture arm, with seven rounds this year. Intel Capital has seen a decline in activity, leading six rounds totaling $166 million, down from 16 rounds last year.
❤3
BREAKING: Elon Musk has crossed the milestone of 200 million followers on X (formerly Twitter)
🏆2
Recently attended the Hedge Funds Forum in Dubai, organized by The Wealth Today.
Some key takeaways:
- The DIFC will launch a Funds Centre in early 2025 in partnership with Capricorn Asset Management to support traders and portfolio managers.
- Currently, there are about 50 hedge funds registered in Dubai, with 40 managing over $1 billion in assets.
- Hedge funds are utilizing AI primarily for business operations rather than data analysis, and it is believed that blockchain technology will have a more significant impact than AI.
- Discussions included a comprehensive overview of macro and microeconomic factors, focusing on the impacts of the FED, China, and geopolitical issues.
#JayaTalent #Hiring #Jobs
Some key takeaways:
- The DIFC will launch a Funds Centre in early 2025 in partnership with Capricorn Asset Management to support traders and portfolio managers.
- Currently, there are about 50 hedge funds registered in Dubai, with 40 managing over $1 billion in assets.
- Hedge funds are utilizing AI primarily for business operations rather than data analysis, and it is believed that blockchain technology will have a more significant impact than AI.
- Discussions included a comprehensive overview of macro and microeconomic factors, focusing on the impacts of the FED, China, and geopolitical issues.
#JayaTalent #Hiring #Jobs
🔥3🤝2❤1🦄1
INDUSTRY OBSERVATIONS
To fund operations and expansion, crypto projects raise capital through primary markets like venture capital, ICOs, or launchpads, and secondary markets via token sales. In 2024, crypto projects raised $5.7B from VCs, a 26.6% year-on-year increase (DeFi Llama, Binance Research).
However, transparency around fund usage is often lacking. While some DAOs disclose treasury fund utilization, not all projects do. Greater transparency would benefit stakeholders, especially when native tokens are sold to cover expenses, as this affects token prices. Effective project management requires fiduciary responsibility and financial disclosure to protect stakeholder interests.
#jayatalent #crypto
To fund operations and expansion, crypto projects raise capital through primary markets like venture capital, ICOs, or launchpads, and secondary markets via token sales. In 2024, crypto projects raised $5.7B from VCs, a 26.6% year-on-year increase (DeFi Llama, Binance Research).
However, transparency around fund usage is often lacking. While some DAOs disclose treasury fund utilization, not all projects do. Greater transparency would benefit stakeholders, especially when native tokens are sold to cover expenses, as this affects token prices. Effective project management requires fiduciary responsibility and financial disclosure to protect stakeholder interests.
#jayatalent #crypto
🙈2🔥1
📢 The 21st edition of "Brewing with Jaya ☕" is here!
Our latest newsletter is packed with fresh insights on AI, Web3, blockchain, and the crypto talent landscape.
Whether you're a founder, investor, or enthusiast, this edition has something for you!
👉 Read it now
Our latest newsletter is packed with fresh insights on AI, Web3, blockchain, and the crypto talent landscape.
Whether you're a founder, investor, or enthusiast, this edition has something for you!
👉 Read it now
❤5🔥2
NOTABLE NEWS THIS WEEK
Visa launches the Visa Tokenized Asset Platform (VTAP), enabling banks to issue fiat-backed tokens on blockchain network.
Bitwise files for first spot XRP ETF with the U.S. Securities and Exchange Commision.
SWIFT to trial live digital asset transactions with global banks starting in 2025, focusing on payments, FX, securities, and trade.
CHART OF THE WEEK
According to Certik, a total of US$753.1M was lost across 155 security incidents in Q3 2024. This marks a 9.5% increase in value lost QoQ, despite 27 fewer incidents.
Phishing was the most costly attack vector, accounting for US$343.1M in losses across the 65 incidents, followed by private key compromises, US$324.4M stolen in 10 incidents. Despite fewer hacks this quarter, the increased amount of losses underscores the ongoing need for enhanced security measures and user education.
UPCOMING EVENTS
4-6 Oct : Ethereum Kaula Lumpur 2024
9 Oct : Stacks Nakamoto Hard Fork
9 - 11 Oct : Permissionless III Utha
Visa launches the Visa Tokenized Asset Platform (VTAP), enabling banks to issue fiat-backed tokens on blockchain network.
Bitwise files for first spot XRP ETF with the U.S. Securities and Exchange Commision.
SWIFT to trial live digital asset transactions with global banks starting in 2025, focusing on payments, FX, securities, and trade.
CHART OF THE WEEK
According to Certik, a total of US$753.1M was lost across 155 security incidents in Q3 2024. This marks a 9.5% increase in value lost QoQ, despite 27 fewer incidents.
Phishing was the most costly attack vector, accounting for US$343.1M in losses across the 65 incidents, followed by private key compromises, US$324.4M stolen in 10 incidents. Despite fewer hacks this quarter, the increased amount of losses underscores the ongoing need for enhanced security measures and user education.
UPCOMING EVENTS
4-6 Oct : Ethereum Kaula Lumpur 2024
9 Oct : Stacks Nakamoto Hard Fork
9 - 11 Oct : Permissionless III Utha
❤3🔥3
BREAKING: 🇦🇪 UAE removes taxes on all cryptocurrency transactions.