Interesting stats on the founders of billion-dollar companies, according to the new book, Super Founders: What Data Reveals About Billion-Dollar Startups,
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Facing skyrocketing lumber prices at home, U.S. importers are driving competition for European wood, and winning.
The frenzy comes on the heels of record American forest-products imports from Europe in 2020, when North American demand soared and caught sawmills off guard with low inventories. Lumber prices have reached new peaks on a near daily basis in recent weeks, quadrupling from just a year ago. The unprecedented rally has been spurred by low borrowing rates, an increased appetite for larger homes, and a frenzy of do-it-yourself renovations during the pandemic.
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Facebook CEO Mark Zuckerberg addresses the Silicon Slopes Tech Summit in Salt Lake City in January 2020. George Frey/Bloomberg via Getty Images
On any given day, half a dozen cranes tower over the Silicon Slopes region just south of Salt Lake City erecting glassy office buildings to make more room for Utah s steadily growing tech industry. Companies and the state want that growth to continue, but industry leaders argue that to do so, Utah s image needs some work.
That s why tech lobbyists such as Sunny Washington are pushing for more socially inclusive legislation at the state Capitol. Washington works for the industry s advocacy organization, also called Silicon Slopes.
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If you are curious about why many Canadian housing analysts are despairing over the way politicians are doing virtually nothing to rein in the countryâs runaway housing prices, the answer is concealed in the dictums of global capitalism.
Even while some global analysts are noting that house prices are soaring faster in Canada than any other developed country â an average of 25 per cent since February of 2019 â the industry is generally enjoying COVIDâs unexpected firing up of the market.
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