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Early Holiday Spending Surges, but the Deals Are Not as Good

Early Holiday Spending Surges, but the Deals Are Not as Good

With a shortened holiday season, retailers cranked out a slew of promotions over Thanksgiving weekend, leading consumers to spend heavily. Sales are expected to reach $41 billion during the five-day shopping period between Thanksgiving and Cyber Monday, according to ecommerce data tracked by Adobe. Consumers spent $6.1 billion—a 8.8% year-over-year increase—on Thanksgiving this year, according…

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What This Early-Stage Venture Firm Looks for in Digital Founders

What This Early-Stage Venture Firm Looks for in Digital Founders

“The next generation of consumers are living their best lives in online worlds like Roblox, Fortnite, and Discord.” So says Jason Yeh, Co-Founder and General Partner of early-stage venture firm Patron. “We’re all about investing in early-stage consumer companies that will shape how this gaming-native generation learns, shops, socializes, plays, invests, and, let’s be honest,…

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