Industry leaders weigh in on the future of AR/VR/XR
Perkins Coie and XR Association survey of over 160 professionals found that immersive technology’s prospects have been strengthened by the pandemic. The findings from startups, enterprise technology firms, consultants, and investors gathered their insights on the trajectory of the immersive technology industry. The results reflected that the use of virtual environments drastically increased in the past year and consumers are more comfortable with online and virtual experiences after living and working on Zoom. In addition, respondents are confident that the post-pandemic world will include even more use of immersive technology.
This year’s survey includes two exciting companion pieces, coming soon. The first is an XR experience created by industry partner Reflective Brands, showcasing some of the key findings from the survey. The second is an immersive interview with Perkins Coie’s Interactive Entertainment Practice chair, Kirk Soderquist, using StoryFile, an immersive video platform and firm client.
Investment Company Status Considerations for Cash Positioning in Wake of Bank Failures
Given this week’s headlines, many emerging companies may be asking themselves: “Why am I holding so much cash?” The Investment Company Act of 1940 (the 1940 Act) may be to blame. “But I don’t have any intention of being an investment company. Aren’t those mutual funds or…
Distressed Bank Update as of March 16, 2023
In the three days since federal authorities announced sweeping measures to protect depositors of Silicon Valley Bank (SVB) and Signature Bank and help prevent additional bank failures (as discussed in our update of March 12, 2023), the U.S. banking system appears to have stabilized, at least temporarily.…
Short-Term Cash Management Alternatives
In response to recent client questions regarding the various considerations and options for holding short-term funds, we have prepared a reference chart comparing certain key characteristics of demand deposits with government securities, money market funds, and other short-term cash management instruments. Please note that this information is…