Revolution is a Washington D.C. based firm that seeks out and invests in entrepreneurs and ideas to grow teach hubs across the country, specifically outside of Silicon Valley. The Rise of The Rest fund involves 3 business leaders investing $150 million in start-ups. Steve Case is known for being the co-found of AOL but is now the chairman and CEO of Revolution.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
