Highlights of the Week (July 2nd, 2021)

The Fourth of July weekend has arrived, as Americans are eager to make up for socially distant (or nonexistent) celebrations from last year. About 47 million Americans will be traveling between the 1st & 5th, with 90% traveling by car. Are you one of them? If so, check out these tips on the best time to hit the road & what corridors to avoid.

Here’s a look at this week’s top stories from PrivCo:

• We celebrated PRIDE with a look at the top private companies innovating by & for the LGBTQ+ community. We also remembered the celebration’s origins, starting with the Stonewall uprising. Find out more.

• Tuesday’s investor profile dug into the real estate savvy venture capitalists of Moderne Ventures. We graded the firm's latest investments in real estate from the perspective of millennials, who stand to inherit trillions of dollars from Baby Boomers in the coming years. Check out those investments.

• Monthly subscriptions have replaced many of our previously one-off purchases. The industry is expected to reach $1.5TN by 2025 and with it are some startup companies making it easier for retailers to integrate and manage subscriptions. Read all about it.

• Yesterday we dug into the resale industry, making headlines in recent years with the glow-ups of The RealReal and Poshmark. The second-hand demand largely created by Gen Z has startups and retailers looking for a piece of the pie. Learn more about the future of resale.