US pension funds. Indonesian financing trends. Fitness tech.
Just pluggin’ away
Hi there,
If you are into the internet of things (IoT), we live in wondrous times.
Today, the team and I assembled a list of a few “favorites.”
First is a salt shaker, the Smalt, which you can control with your smart phone or Amazon Echo.
It takes all the labor out of putting salt on your food, as detailed below on The Verge. (I should have highlighted the entire passage since it’s that good)
Ok — now some data.
US pension funds shift focus
Many pension plans in the US have been considering shifting their portfolio strategies away from managed funds and into more direct investments, following the moves of Canadian pensions. Three of Canada’s largest pension funds have made at least 88 direct investments in private companies since the start of 2012, totaling over $19B in funding.
No sharing economy here
Lots of debate as to whether this device should have been added to our poop tech market map.
P.S. We’re bringing together senior VC, corporate M&A, and strategy folks across a range of industries for drinks, dinner, and maybe even some fintech data on September 26th in NYC. Request an invite here.
