Pricing the Fold

Happy Monday. For those of who you have been waiting on pricing for the Samsung Galaxy Fold, your wait is over.

9to5 Google is reporting that Samsung will offer the new fold in two variants, one through AT&T/Best Buy and an unlocked version through Best Buy stores and its retail site. Drum roll, please: $1,980.

Just as a point of a comparison, one can buy a new MacBook Pro for as little as $1,299. And it folds up as well!

To get in some exercise for all that folding, you might want invest in a Peloton, which only costs around $400 more than the Fold and which will take you absolutely nowhere fast. Peloton is expected to raise $1.2B in its IPO this week.

And on the topic of raising capital, Crunchbase is reporting that the number of $5M+ seed rounds in the U.S. Has risen from 45 in 2014 to 180 in 2018, but that we may be seeing a cooling trend, with only 110 rounds in 2019 YTD.

Whatever the number, Binance.US this morning launched a digital assets marketplace. The company is the world’s top crypto exchange by trading volume, and will initially list bitcoin, BNB, ethereum, and Ripple’s XRP, among others.

Buy some bitcoin, hope the price goes way back up, buy a Fold with no guilt whatsoever!