Culture The Social Currency of Investing
A State Street report shows that even some of the largest investors lack the scale, resources, or foresight to leverage artificial intelligence.
“You’re fighting a system that’s so ingrained. You just have to be smart. You have to be strategic,” says Angela Miller-May.
“A lot of investors are hesitant to be in a first close or to go first. They want to see a seeded portfolio, they want to see evidence of fundraising traction. But at the end of the day, someone has to go first,” says MPowered’s Yibai Li Haney.
“In our fast-paced markets, it shouldn’t take 10 days for the public to learn about an attempt to change or influence control of a public company,” said SEC Chair Gary Gensler.
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