FAMILY OFFICES STILL BET ON AI AND HEALTH CARE EVEN AS DEALS SLOW DOWN
https://image.cnbcfm.com/api/v1/image/108071596-1733351938345-gettyimages-2188276591-mms17151_mvkdhn2p.jpeg?v=1736282149&w=1920&h=1080
✍️ Billionaire family offices are still investing in high-growth startups, despite a slowdown in deal-making on Wall Street.
👉 Family offices made 54 direct investments in September, down 46% from the previous year. 👉 Investments include mega-rounds for high-flying startups, such as Periodic Labs. 👉 Health-care and biotech startups are attracting interest from high-profile investors. 👉 Family offices are making opportunistic bets in other industries, such as retail.
-- #JeffBezos #EricSchmidt #MichaelDell #ClayJohnston #MarkMitchell #ColbyMitchell #NewYorkCity #Birmingham,Michigan #Austin,Texas #business
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