Restrictions are slowly beginning to lift, the vaccine is being rolled out both in the US and across the world, but that doesn’t mean we’re going to go right back to how we were pre-pandemic. Virtual events are likely to be an ongoing feature of life as we know it, for the foreseeable future at least.

“With revenue totaling over $330 million in 2019, Zoom expects a total revenue of over $620 million by the end of fiscal year 2020. With such growth and further uncertainty ahead regarding the pandemic and working from home, there's definitely an opportunity for competitors to enter the market.”

In today’s episode of Halo Drop, we discuss the rise of virtual events, from conferences and trade shows, to virtual workouts and cooking classes, before jumping into clean cosmetics, drone technology and surveillance.

“Drones are a $23 billion industry right now. And it's going to double in the next five years. So 2025, you're looking at a $42 billion industry, which is pretty, pretty amazing.”

Finally, love him or hate, you’ve gotta check out Dave Portnoy’s Barstool Fund (link below). Someone on Twitter challenged him to put his money where his mouth is and help raise funds for struggling restaurants. To date he’s raised over $32m, in under two months, from 200,000 people and supported close to 200 different businesses.

On today’s podcast:

• Virtual events and conferences
• Drone technology and surveillance
• Indian video conferencing companies
• Clean cosmetics
• The Barstool Fund

Links:

• https://www.barstoolsports.com/the-barstool-fund
• New Yorker Suspends Jeffrey Toobin for Masturbating on Zoom Call
• China takes surveillance to new heights with flock of robotic Doves, but do they come in peace?

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Vishal - https://twitter.com/vgurbuxani
Krishna - https://twitter.com/ksub15
Sunil - http://twitter.com/vermasun

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