Author: OurCrowd

[SmartAsset in NAPA] More RIA Firms Relocating

While some firms had already planned to do so in 2020, changing preferences—such as more affordable office spaces and increased remote work options—appear to have prompted more RIA firms to relocate their headquarters, according to the study by SmartAsset. Read...

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YuLife: Life insurance for millennials

YuLife: Life insurance for millennials “Life-insurance companies in the US and UK are waking up to the fact that they have a young-people problem,” The Atlantic reports in a profile of OurCrowd portfolio company YuLife, which it describes as “something of a cross between Fortnite and a Fitbit… But YuLife isn’t some “freemium” game subsidized by ads and microtransactions. The ultimate goal is to… sell life insurance.” CEO Sammy Rubin says he hired King Digital Entertainment, the makers of Candy Crush Saga, to turn his life-insurance product into a game—and just like that, YuLife had created a life-insurance metaverse. The company now has 400,000 customers, and one in three who have downloaded the app opens it every day. OurCrowd investors can still participate in the company’s $70M round. Watch our recent webinar with Sam Fromson, YuLife Co-Founder and COO,...

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High-tech job vacancies soar

High-tech job vacancies soar 300% despite Covid The OurCrowd High-Tech Jobs Index for Q2 2021 shows strong demand for startup recruits despite the ongoing Covid-19 pandemic, with a 300% year-on-year increase in the number of jobs advertised from Q2 2020 to Q2 2021. There are now more than 3,300 jobs advertised on the OurCrowd Portfolio Jobs page. OurCrowd portfolio companies have no plans to slow down their proactive hiring strategy – more than 60% are growing their teams. Software engineering and business development are the sectors most in demand. Hybrid working continues across the industry. While 95% of companies have reopened their offices, only 13% are in the office full time while 80% allow employees to work from home part time. 77% of Israeli companies surveyed say they expect the hybrid model to continue at least until December. “As the spread of the Delta variant throws workplace planning in doubt once again, the widespread adoption of remote working patterns suggests many high-tech companies will be able to continue their business activities with minimal disruption,” says Laly David, Business Development...

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