FutureCommPR Chats with an Angel Investor Team, Unveiling the Most Sizzing Industries to watch for in the latter part of 2023
- Author Jim Burkhart
- Published August 15, 2023
- Word count 469
Excitement brews as Rustic Ranch Pictures anticipates its Launch
[July 21, 2023, New York, NY] Renowned angel investors Leigh Bennett and Mia Meier have set their sights on the most promising industries for the remainder of 2023. The team actively seeks opportunities that hold the potential to foster innovation and growth through their carefully curated strategic investments. As the global economy recovers from unprecedented challenges, these visionary investors are concentrating on sectors poised for significant expansion and revolution in the third and fourth quarters of this year.
Having achieved remarkable success with their previous investments, Bennett and Meier have earned a reputation as sector catalysts and their foresights have propelled several startups to success, paving the way for groundbreaking solutions and technological advancements. According to their recent analysis, the hottest industries to watch for explosive growth in 2023 include renewable energy and clean air technology as expected, health care innovation, AI, and perhaps surprisingly the entertainment industry.
Advancements in healthcare and biotechnology have the potential to revolutionize these industries. Bennett stated, “The intersection of technology and medicine is an area with limitless potential for life-changing breakthroughs. Some of those breakthroughs are coming via AI which is another industry that will have the biggest impact across multiple industries. “AI-driven startups are at the forefront of transforming traditional business models and driving efficiencies globally,” said Meier.
The investment team also expressed their excitement for the entertainment industry, with their vested interest in Rustic Ranch Pictures (RRP.) The studio itself is transparent about its intentions, drawing inspiration from prominent players in the horror genre like Blumhouse Productions and A24 Films, as noted by Keiko Sato, President of the independent studio. It is no secret that low-budget horror films thrive on streaming services, even if they don’t capture much attention in theatres. The prolonged shelf life of these movies enables studios to gradually recoup their initial investments and ultimately achieve profitability over time.
With the ongoing writers and actors strikes, Sato has made the decision to postpone the official launch. Bennett agreed with this decision and expressed her “unwavering support for the creative talent in front of, and behind the camera, eagerly awaiting the day when production team members can freely showcase their talents. Meier echoed the sentiment adding that their “fully backing for the creative talent at RRP and confirmed their eagerness to witness the team thrive when the strike situation is resolved.”
As angel investors both Bennett and Meier continue to drive innovation across multiple industries while ensuring their investments align with sustainable growth with a road to profitability. They’ve taken some very successful risks in the past and are always open to investing in unproven or innovative ideas. The team’s portfolio includes several early-stage startups, and entrepreneurs with limited track records, which can be perceived as riskier by venture capital firms.
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