Author: OurCrowd

[Locusview in Forbes] How Women Can Tap Into Billions In Biden’s Infrastructure Spending Bill

Jun 21, 2021 |

Although Biden’s massive infrastructure spending bill has not yet passed, it still seems certain that the government will be committing close to $1 trillion to improve the nation’s bridges and roads and boost spending on childcare and healthcare. The bill is expected to generate millions of new jobs for Americans. Meanwhile, over 2.3 million women have left the workforce since February 2020 due to the Covid-19 pandemic. It is predicted that employment for women may not recover to pre-pandemic levels until 2024. Read more...

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Green Energy Makes Business Sense

Green Energy Makes Business Sense

Jun 20, 2021 |

• Venture funds are joining the rush to renewable energy—and it’s not a passing fad• Government subsidies will help, but innovative companies and business logic will drive growth From the frozen electric grids of Texas to the tar-soiled beaches of Israel, the urgent need to transform our dependance on fossil fuels is becoming clear. You don’t have to be a tree-hugging naturalist to embrace the shift. Even the world’s largest oil producers have begun a strategic pivot toward renewables. In 2016, the Saudi government announced its Vision 2030 which it said aimed to end the kingdom’s “addiction” to oil and diversify its economy and energy sources. Venture investment in renewables has soared as global investment in energy transition more than doubled from $235 billion in 2010 to $501 billion in 2020, according to Bloomberg NEF. In 2019, venture and private equity investment in cleantech was estimated between $9 and $16 billion, up from less than $500 million in 2013. Global oil companies like Shell, BP, Total and Repsol are investing unprecedented amounts to develop new solar, wind and other...

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OurPeople: Alec Ellison, Chairman, OurCrowd US

OurPeople: Alec Ellison, Chairman, OurCrowd US

Jun 20, 2021 |

By OURCROWD “Prices in the public market are stretched, which is why one should invest earlier in a company’s development cycle.” For 30 years, Alec Ellison helped hundreds of technology companies seal M&A deals that redefined the industry landscape. Since joining OurCrowd in 2016, he’s been putting that expertise to work to cultivate the innovation leaders of tomorrow. “Being on the inside means you can make a bigger difference fundamentally,” says Ellison, Chairman of OurCrowd US. “You can have a greater impact on one narrow area as opposed to a limited impact on many companies. That’s why this was such an attraction to me.” Ellison, 58, took on the role in May 2019 after three years on OurCrowd’s advisory board. He previously worked at Jefferies LLC where he was a Vice Chairman and Executive Committee member, roles he took on after leading the technology investment banking group for many years. He came to Jefferies through its acquisition of Broadview International, where he was President. Ellison, who lives in Greenwich, Connecticut, but hails from Charleston, South Carolina, and has been...

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