iTrustCapital is a popular Crypto IRA (Individual Retirement Arrangements) retirement platform that offers users a simplistic way to build up retirement funds. The company provides 24.7 access to these markets alongside low fees and an intuitive interface. These factors have helped iTrustCapital gain a reputation as a premier crypto IRA provider. As such, there's a strong demand for the company's shares. iTrustCapital offers a full suite of services to its users. Currently, the company has +10B in transactions completed across +200k accounts. Analysts predict this growth will continue as demand for crypto retirement services soar. Notably, Crypto IRAs are one of the best ways for traders to gain exposure to the crypto market and build up their reserves securely. Notably, iTrustCapital hasn’t made a statement regarding going public yet. Considering the company's dominant position in the crypto IRA sector, any announcement signaling plans to go public could cause pre-IPO shares to skyrocket. Here's how you can get your hands on some pre-IPO iTrustCapital shares. What is iTrustCapital? iTrustCapital entered the market in 2018 as one of the first crypto IRA platforms. It was founded in Irvine by Blake Skadron, Morgan Steckler, and Todd Southwick to streamline crypto investing for those seeking to integrate digital assets into their retirement strategy. iTrustCapital is an App-based protocol that features free download and installation. Impressively, the entire sign-up process only takes a few minutes. This easy onboarding helped iTrustCapital secure the majority of the IRA crypto market. Additionally, the company has excellent customer service, which is rare in the crypto market. Source – iTrustCapital Several features make iTrustCapital stand out. For one, the Conditional Transaction feature automates your trading and retirement fund additions. Users can select market parameters to execute trades upon their completion. This approach streamlines the investment process and ensures you don’t miss any opportunities. Also, it frees up your time to conduct other activities as the trades are automated. Another unique feature of iTrustCapital is the ability to roll over your existing retirement plans into the network option. This option is helpful because it allows you to take past 401ks and other investments and roll them into one easy-to-manage service. Additionally, the company offers tax-free and tax-deferred trading options based on the account you set up, providing users with additional incentives to grow their retirement funds. Lastly, iTrustCapital doesn’t have a lot of competitors. Its unique offerings make it stand out against exchanges and other protocols that don’t offer similar services like automated trading and the ability to trade and save precious metals alongside cryptocurrencies. Additionally, it doesn’t directly custody your assets. Instead, it relies on third parties like Coinbase to reduce the chance of a rug pull or other harmful actions. Summary of iTrustCapital Funding: Funding Rounds Breakdown: Key Investors: iTrustCapital has one primary investor: Left Lane. Funding data sourced from Tracxn Why Invest in iTrustCapital? There are several reasons why iTrustCapital may be a great addition to your portfolio. For one, it's the top-performing crypto IRA platform globally. Additionally, it is fully regulated and works with some of the biggest names in the industry. For example, Coinbase custody holds its assets by providing a regulated, state-chartered trust. The platform's flexibility is another reason why analysts predict that it has a bright future. Users can build up their crypto and precious metal holdings. Trade silver, gold, and other real-world assets alongside popular cryptocurrencies like Bitcoin and Ethereum. The protocol supports 28 cryptos in total and has no monthly fees. Notably, Enabling users to transfer their old retirement funds to iTrustCapital's platform streamlines the entire process by eliminating technical barriers. Additionally, users can automate adding funds to their retirement. Best of all, the company has a 1% fee on transactions. Together, these options make building up a nest egg easier than ever. There are tax benefits that IRA investors enjoy that extend to iTrustCapital offerings. These savings alongside the company's open and transparent business model alongside multiple accolades, helped to build consumer confidence. Specifically, iTrustCapital received the Best Cryptocurrency Website from the 2024 Web Awards. IT also won the Best IRA Platforms 2022 Fintech award and secured the #1 Crypto IRA platform in the 2021 IMA Impact Awards. Each of these awards has helped build value in the company's pre-IPO shares. How to Buy iTrustCapital Pre-IPO Shares Hopes are high that iTrustCapital will announce an IPO date in the coming months. As such, iTrustCapital remains a privately held company, meaning that you will need to utilize a specialized approach to get access to shares. Here is what you need to consider. 1. Pre-IPO Secondary Marketplace Secondary markets are purpose-built exchanges that connect pre-IPO shareholders with potential investors. These marketplaces can offer these assets because they work closely with employees, early-stage investors, and venture capitalists, which are crucial to the company's pre-IPO growth. Investing in pre-IPO shares for iTrustCapital could open the door for additional ROIs if the company's valuation is less than when its IPO launches. It's common for company valuations to increase following an IPO. As such, it makes sense to add pre-IPO shares to your portfolio before the firm announces plans to go public. Secondary marketplaces have many requirements. Here are some concerns you should be made aware of: Eligibility: Notably, this approach requires you to be an accredited investor, meaning you will have to show at least $1M in liquid assets to qualify. Liquidity: Pre-IPO shares can't be traded like regular shares. They often include some lockup restrictions that prevent you from trading them before the IPO. Some firms have permanent “no sell” clauses that prevent any transfer of the shares following your investment. Linqto is a reputable investment platform that connects accredited investors with pre-IPO shareholders in a secure manner. The network streamlines pre-IPO investing via an easy-to-navigate interface that provides access to all relevant data at a glance. Accredited investors seeking pre-IPO shares in iTrustCapital should consider Linqto. Visit Linqto → 2. Private Equity Firms Private equity firms gain access to pre-IPO shares during investment rounds. They then offer these shares to high-net-worth accredited investors with a commission. Notably, private equity firms are known to have extra stipulations, including blocking the sale of shares for years in some cases. 3. Employee Equity Sales Many consider employee equity sales as the best way to acquire pre-IPO shares in iTrustCapital. This method of acquiring pre-IPO shares requires you to connect with former employees. It's common for companies to issue shares as part of an incentive package. Notably, this profit-sharing method has become more popular, leading to more pre-IPO share opportunities for investors. Private Transactions : there are a lot of hoops you will need to jump through to complete a private pre-IPO transaction, including creating specific legal agreements, conducting valuations, and setting in place any limitations on the transfer of the asset. Brokerage : Brokers will take a lot of the confusion out of the pre-IPO process. These professionals can guide you through each step, ensuring full compliance and avoiding common errors untrained professionals make. There are several risks that you should consider before jumping into the pre-IPO shares investment arena. Here are the top concerns: Liquidity Risk If you are looking for an asset that you can sell right away, pre-IPO shares are not the best option. These investments can include sales and transfer clauses that prevent the transfer of the asset until certain criteria, such as the IPO's completion. It's even common for pre-IPO shares to require you to wait years before gaining the ability to sell your assets. Regulatory Risk The blockchain market has seen considerable scrutiny from regulators and lawmakers. While the technology is far better understood than in its early days, there are still many lawmakers who see it as a threat to the traditional financial system. As such, you need to always consider how new regulations could affect the value of your pre-IPO shares. Market Risk Purchasing pre-IPO shares in iTrustCapital means that you stand behind the project and its team. The company has secured a reputation for excellence and has previously expressed a desire to go public. However, no concrete data has been provided yet. As such, it's vital to understand that the blockchain market is an active space that experiences strong fluctuations that could result in a different share value between now and any future IPO launch. Valuation of iTrustCapital and Future IPO iTrustCapital has Unicorn status with its latest $1.3B valuation. It achieved this monumental milestone by offering users an easy and transparent way to enhance their retirement strategies. The company has seen great success since its launch and has never been hacked to date. The company's unique selection of retirement funding options combines traditional assets with digital ones in a streamlined manner that helps anyone build up a substantial retirement fund. Users can easily transfer assets in and out of their IRA using the intuitive app interface that was designed from day one to support new users. Analysts speculate that if iTrustCapital were to announce plans to go public it would be met with a strong investor response due to its positioning and features. The crypto retirement sector is on the rise and digital assets like Bitcoin are at all-time highs currently. Notably, the platform supports +20 cryptocurrencies at this time and has plans to expand to other digital assets in the coming weeks which could open the door for more investors to participate in its offerings. All of these factors have worked in the firm's favor to drive demand for an easy-to-navigate mobile app solution. If iTrustCapital does go public, it could prove to be a major event. The company's products are in high demand and its services have been proven secure and reliable. As the firm expands its strategic partnerships and features, it will certainly drive investor demand for pre-PO shares further. Conclusion Investing in pre-IPO shares of iTrustCapital could open the door for future returns. The company offers pioneering features and works with industry leaders and government officials to provide regulated IRA services and more. Analysts predict that the company will see continued adoption alongside the general growth of the crypto market. It's recommended that you do your own research before investing in any pre-IPO shares. These assets require you to fully review the history and financials of the company to ensure that you are making the right decision. You should also consult a financial expert to ensure you remain within your risk appetite. If you complete these tasks and find that iTrustCapital meets your requirements, there's lots of room for growth. Learn about Other Pre-IPO Opportunities Now Disclaimer: This article is for informational purposes only and does not constitute financial, legal, or investment advice. Pre-IPO shares are typically available only to accredited investors and carry significant risk. Always perform thorough due diligence and consult a financial advisor or legal expert before making investment decisions.
Corporate innovation demystified: Insights from Tina Mathas of Flow FactorySAN FRANCISCO , Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced the appointment of Janesh Moorjani as the company's chief financial officer, effective December 16, 2024 . Moorjani brings over 20 years of experience in the technology industry, with deep expertise in driving growth and efficiency at scale. Most recently, Moorjani served as CFO and COO of Elastic NV (NYSE: ESTC), the Search AI Company. Reporting to chief executive officer Andrew Anagnost , Moorjani will lead and oversee Autodesk's global finance organization. Moorjani will succeed interim chief financial officer Elizabeth "Betsy" Rafael, who will serve as an advisor to the company through the end of fiscal 2025 and will continue to serve on Autodesk's Board of Directors, resuming her status as an independent director following the transition period and end of her employment by the company. "We are excited to welcome such a high-caliber and seasoned CFO in Janesh," said Andrew Anagnost , president and CEO of Autodesk. "His deep finance and software experience will be instrumental in supporting Autodesk's continued momentum with sustained growth and enhanced profitability. I look forward to partnering with Janesh to drive Autodesk's successful path forward and continue creating additional value for our stockholders. I also thank Betsy for stepping into the interim CFO role at an important time for Autodesk, and for her continued contributions both through the transition and as a qualified and experienced board member moving forward." Moorjani brings strong experience leading dynamic public software companies. He recently was CFO of Elastic since 2017 and assumed the additional responsibilities of COO in 2022. Prior to Elastic, he served in executive and leadership roles at Infoblox, VMware, Cisco, PTC, and Goldman Sachs. He currently serves on the Board of Directors of Cohesity, a leading AI-powered data security and data management company. "I am thrilled to join Autodesk and work with Andrew, the company's strong management team and the Board to capitalize on the compelling growth opportunities we have ahead," said Moorjani. "Autodesk has established a clear leadership position as a technology innovator by providing differentiated and connected solutions that allow customers across industries to design and make anything. I look forward to working with the team to build on Autodesk's strong financial foundation to drive continued growth, profitability and free cash flow to ultimately deliver sustainable stockholder value." ABOUT AUTODESK The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. SAFE HARBOR STATEMENT This press release contains forward-looking statements that involve risks and uncertainties, including quotations from management, statements regarding our strategies, performance, results, growth, profitability and free cash flow, and all statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our strategy to develop and introduce new products and services and to move to platforms and capabilities, exposing us to risks such as limited customer acceptance (both new and existing customers), costs related to product defects, and large expenditures; global economic and political conditions, including changes in monetary and fiscal policy, foreign exchange headwinds, recessionary fears, supply chain disruptions, resulting inflationary pressures and hiring conditions; geopolitical tension and armed conflicts, and extreme weather events; costs and challenges associated with strategic acquisitions and investments; our ability to successfully implement and expand our transaction model; dependency on international revenue and operations, exposing us to significant international regulatory, economic, intellectual property, collections, currency exchange rate, taxation, political, and other risks, including risks related to the war against Ukraine launched by Russia and our exit from Russia and the current conflict between Israel and Hamas; inability to predict subscription renewal rates and their impact on our future revenue and operating results; existing and increased competition and rapidly evolving technological changes; fluctuation of our financial results, key metrics and other operating metrics; our transition from up front to annual billings for multi-year contracts; deriving a substantial portion of our net revenue from a small number of solutions, including our AutoCAD-based software products and collections; any failure to successfully execute and manage initiatives to realign or introduce new business and sales initiatives, including our new transaction model for Flex; net revenue, billings, earnings, cash flow, or new or existing subscriptions shortfalls; social and ethical issues relating to the use of artificial intelligence in our offerings; our ability to maintain security levels and service performance meeting the expectations of our customers, and the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate performance degradation and security breaches; security incidents or other incidents compromising the integrity of our or our customers' offerings, services, data, or intellectual property; reliance on third parties to provide us with a number of operational and technical services as well as software; our highly complex software, which may contain undetected errors, defects, or vulnerabilities; increasing regulatory focus on privacy issues and expanding laws; governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls; protection of our intellectual property rights and intellectual property infringement claims from others; the government procurement process; fluctuations in currency exchange rates; our debt service obligations; and our investment portfolio consisting of a variety of investment vehicles that are subject to interest rate trends, market volatility, and other economic factors. Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk's Form 10-K and subsequent Forms 10-Q, which are on file with the U.S. Securities and Exchange Commission. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. View original content to download multimedia: https://www.prnewswire.com/news-releases/autodesk-appoints-janesh-moorjani-as-chief-financial-officer-302316577.html SOURCE Autodesk, Inc.Tuesday, December 3, 2024 As of December 2024, China has implemented a visa-free policy for citizens from 63 countries, including Thailand, France, Germany, South Korea, Australia, and Qatar, making it easier for international travelers to explore the nation’s rich cultural heritage and modern marvels. This expansion spans notable regions across Asia, Europe, and the Americas, allowing visitors to stay for up to 30 days without the hassle of obtaining a visa. The policy reflects China’s commitment to boosting tourism and strengthening global connections, positioning itself as an accessible and welcoming destination for millions of travelers worldwide. China’s tourism industry is experiencing a transformative resurgence, driven by strategic policy shifts and a strong rebound from the COVID-19 pandemic. This growth is not only pivotal for the nation’s economic recovery but also underscores its appeal as a leading global destination. Impact on Inbound Tourism The visa-free entry has catalyzed a surge in international arrivals, with border stations reporting record numbers of foreign visitors. Tourists are exploring everything from bustling urban centers to the serene natural landscapes, reinvigorating the travel ecosystem. Job Creation Tourism continues to be a cornerstone of China’s economy, contributing about $814 billion to GDP in 2022 and creating over 66 million jobs. These numbers highlight the sector’s critical role in economic stability and employment opportunities. Cultural and Heritage Tourism Tourists are increasingly drawn to cultural experiences that highlight China’s deep-rooted history and traditions. Government initiatives to boost cultural confidence through tourism align with this growing demand for immersive, heritage-focused travel. Technological Integration Technology is reshaping travel in China. Smart hotel rooms, virtual reality tours, and AI-powered travel services are redefining visitor engagement and making trips more personalized and efficient. In 2023, China’s border authorities recorded 35.5 million entries and exits by foreign nationals—a nearly sevenfold increase from 2022. This recovery in cross-border travel underlines the success of China’s strategic tourism initiatives and its growing magnetism on the global stage. China’s evolving tourism landscape reflects a blend of cultural pride, technological innovation, and policy-driven accessibility, paving the way for sustained growth in the years to come. China’s economy has demonstrated resilience with a GDP growth rate of 5.2%, showcasing the nation’s recovery momentum and its ability to adapt to global challenges. This growth underscores the significant contributions of key sectors like tourism, manufacturing, and technology, highlighting the government’s strategic efforts to sustain economic expansion and enhance overall prosperity. China’s travel and tourism industry has shown dynamic growth and resilience, contributing 9.4% to GDP in 2014 and peaking at 11.6% in 2019. The pandemic led to a steep decline, with contributions dropping to 4.5% in 2020 and 3.3% in 2022. By 2023, the sector rebounded to 7.3%, equating to over 9.2 trillion yuan (around 1.3 trillion USD). Projections indicate continued growth, with contributions expected to reach 9.6% in 2024 and 13.5% by 2034, reaffirming the industry’s crucial role in China’s economic trajectory. China has broadened its visa-free entry policy to accommodate foreign tourist groups arriving by cruise ships at all coastal ports as of May 15, 2024. This policy allows groups of two or more travelers, managed by authorized Chinese travel agencies, to visit without needing a visa for stays of up to 15 days. Initially introduced in Shanghai in 2016, this initiative has now been extended to major coastal ports, including Dalian, Lianyungang, Wenzhou, Zhoushan, Guangzhou, Shenzhen, and Beihai. This move is designed to boost the cruise tourism industry while promoting international connectivity and making it easier for cruise passengers to explore China’s diverse destinations. TTW Editor in Chief Mr. Anup Kumar Keshan said: “China’s tourism scene is buzzing with excitement, especially now that the visa-free policy has expanded to 63 countries as of December 2024. This move makes it so much easier for travelers to dive into the country’s incredible mix of ancient wonders and modern marvels. Whether you’re landing at world-class airports like Guangzhou Baiyun, staying in cozy budget hotels or luxurious five-star accommodations, or exploring iconic spots like Beijing’s Forbidden City or Xi’an’s Terracotta Army, there’s something for everyone. With tourism contributing 7.3% to the GDP in 2023 and things only looking up, China is rolling out the red carpet for visitors like never before!” China’s top three airports are pivotal to the nation’s aviation industry, handling millions of passengers annually and serving as hubs for both domestic and international travel. Guangzhou Baiyun International Airport (CAN) , located in Guangdong Province, leads the list with approximately 63.17 million passengers in 2023. It is a primary hub for China Southern Airlines and serves as a key gateway to Southeast Asia, Europe, and North America, with major airlines like Emirates, Cathay Pacific, and Qatar Airways operating flights. Shanghai Pudong International Airport (PVG) handled around 54.48 million passengers in 2023, making it the second busiest. Known for its extensive international connections, it serves as a hub for China Eastern Airlines and Shanghai Airlines, with airlines such as Delta Air Lines, Lufthansa, and Singapore Airlines offering services to destinations worldwide. Beijing Capital International Airport (PEK) , located in the capital, saw about 52.88 million passengers in 2023. As a hub for Air China, it connects travelers to major cities across Asia, Europe, and the Americas. International airlines like British Airways, United Airlines, and ANA also operate flights from this major hub. These airports are not only key to China’s transportation infrastructure but also gateways for global travel, highlighting their strategic importance in the aviation industry. China’s hotel industry has rapidly evolved, solidifying its status as a global hospitality leader with a diverse range of accommodations. As of December 2023, the country housed approximately 323,200 hotels, providing around 16.5 million rooms to meet the growing demand for travel and tourism. This robust infrastructure caters to a wide spectrum of travelers, from budget-conscious tourists to luxury seekers. Several domestic hotel chains dominate the market, highlighting China’s capacity to compete on a global scale. International brands such as Marriott, Hilton, and Accor have also established a strong presence, offering premium services in major cities and key tourist destinations. These brands cater to international visitors and affluent domestic travelers seeking luxury accommodations. China is a country that seamlessly blends its ancient traditions with modern innovation. From bustling metropolises to tranquil countryside escapes, here’s your ultimate city guide to explore the diverse and captivating destinations China has to offer. Beijing, the capital city, is a must-visit for history buffs and culture enthusiasts. Shanghai is China’s largest city and a global financial hub, known for its futuristic skyline. Xi’an is home to some of China’s most remarkable historical treasures. Chengdu, located in Sichuan Province, is famous for its relaxed lifestyle and fiery cuisine. Guilin is renowned for its breathtaking karst landscapes and picturesque rivers. Guangzhou, a bustling port city, is a blend of old and new, with its rich Cantonese culture. Hong Kong, though a Special Administrative Region, is an essential part of any China itinerary.
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