Commentary: Sheon Karol - Human resilience offers hope for the post-COVID future
Sheon Karol
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Are we resilient or emotionally fragile? Our society wrestles endlessly with this question. A new government has assumed power and our economic future will be determined by whether the Biden administration and investors view us as psychologically damaged, or able to withstand the suffering of the COVID period.
Human fragility underlies the bleak view of the post-COVID world provided by “Scarring Body and Mind: The Long-Term Belief-Scarring Effects of COVID-19”, a paper delivered in August at the Jackson Hole annual economic policy symposium. Julian Kozlowski and his co-authors argue the pandemic will psychologically scar the populace and the negative economic consequences post-shock will far outweigh the direct losses suffered during the pandemic.
Innoviz Technologies, a Global Leader in LiDAR Sensors and Perception Software for Autonomous Driving, to be Listed on Nasdaq Through Business Combination with Collective Growth Corporation
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- Innoviz Technologies Ltd. ( Innoviz ) to become publicly listed through business combination with Collective Growth Corporation (NASDAQ: CGRO) ( Collective Growth ) in a transaction sponsored by Antara Capital LP and Perception Capital Partners LLC
- Transaction is expected to provide up to $350 million in gross proceeds comprised of Collective Growth s $150 million of cash held in trust, assuming no redemptions by public stockholders, and a $200 million fully committed ordinary share PIPE at $10.00 per share, led by Antara Capital and includes strategic investments from Magna International, Innoviz s Tier-1 partner, Phoenix Insurance and other institutional investors
Innoviz Technologies founding team, which includes CEO Omer Keilaf; CBO, Oren Rosenzweig and Chief R&D Officer Oren Buskila. InnovizTwo Innoviz Technologies, CEO, Omer Keilaf. Innoviz Technologies founding team, which includes CEO Omer Keilaf; CBO, Oren Rosenzweig and Chief R&D Officer Oren Buskila.
Israel-based Innoviz Technologies, a leading player in high-performance, solid-state LiDAR sensors and perception software has entered into a definitive agreement to merge with Collective Growth Corporation in a transaction sponsored by Antara Capital and Perception Capital Partners. The transaction is supported by a $200 million (Rs 1,480 crore) fully committed common stock PIPE led by Antara Capital and includes strategic investments from Magna International, Innoviz s Tier-1 partner. Upon completion o