Author: Jody Grunden
Publisher:
ISBN: 9781973267379
Category :
Languages : en
Pages : 151
Book Description
"Changing the way people think about accounting." In Digital Dollars and Cents: A Virtual CFO's Playbook to help Digital Companies Create a Financial Roadmap to Success, Jody Grunden helps startup founders and company owners dive deep into the financial side of the business. What is forecasting and why do you need to do it? Learn the importance of using a forecast as a guide for every decision you make -- i.e. expansion, acquisition, buyout, retirement. What if you could pull a lever to improve your company's performance? You can! Discover the four levers (Utilization, Weekly Expectation, Standard Bill Rate and Average Bill Rate) and how they all lead to your company's Effective Rate. How do you determine and measure your pipeline? Your pipeline metric (what you currently have under contract and what you have "in the works") should not be forgotten as it can have a drastic impact on your revenue. Jody Grunden pulls from over 20 years of both public and corporate accounting experience to provide this tremendous resource for business owners. He is the co-founder and CEO at Summit CPA Group, a Virtual CFO firm that helps clients maximize profits, minimize taxes, and increase cash flow. His personable style makes it easy for readers to understand and apply the concepts to their own company, regardless of their current comfort level with the finances. About the Summit CPA Group Summit CPA Group operates under a profit-focused model, using dynamic forecasting models and key performance indicators with their clients to help them transcend their focus from simply "being in the black" to longer-term financial health and wealth. Building on their foundation, Summit CPA Group started another line of business in 2010 doing 401K Audits. Since then, the Audit team has grown to be recognized as one of the top 5% of all firms performing that type of audit (based on quantity of audits). With the mission statement, "Changing the way people think about accounting," the next big step for the Summit CPA Group will be helping make this level of service a norm rather than an exception within other accounting firms.
Digital Dollars and Cents
Author: Jody Grunden
Publisher:
ISBN: 9781973267379
Category :
Languages : en
Pages : 151
Book Description
"Changing the way people think about accounting." In Digital Dollars and Cents: A Virtual CFO's Playbook to help Digital Companies Create a Financial Roadmap to Success, Jody Grunden helps startup founders and company owners dive deep into the financial side of the business. What is forecasting and why do you need to do it? Learn the importance of using a forecast as a guide for every decision you make -- i.e. expansion, acquisition, buyout, retirement. What if you could pull a lever to improve your company's performance? You can! Discover the four levers (Utilization, Weekly Expectation, Standard Bill Rate and Average Bill Rate) and how they all lead to your company's Effective Rate. How do you determine and measure your pipeline? Your pipeline metric (what you currently have under contract and what you have "in the works") should not be forgotten as it can have a drastic impact on your revenue. Jody Grunden pulls from over 20 years of both public and corporate accounting experience to provide this tremendous resource for business owners. He is the co-founder and CEO at Summit CPA Group, a Virtual CFO firm that helps clients maximize profits, minimize taxes, and increase cash flow. His personable style makes it easy for readers to understand and apply the concepts to their own company, regardless of their current comfort level with the finances. About the Summit CPA Group Summit CPA Group operates under a profit-focused model, using dynamic forecasting models and key performance indicators with their clients to help them transcend their focus from simply "being in the black" to longer-term financial health and wealth. Building on their foundation, Summit CPA Group started another line of business in 2010 doing 401K Audits. Since then, the Audit team has grown to be recognized as one of the top 5% of all firms performing that type of audit (based on quantity of audits). With the mission statement, "Changing the way people think about accounting," the next big step for the Summit CPA Group will be helping make this level of service a norm rather than an exception within other accounting firms.
Publisher:
ISBN: 9781973267379
Category :
Languages : en
Pages : 151
Book Description
"Changing the way people think about accounting." In Digital Dollars and Cents: A Virtual CFO's Playbook to help Digital Companies Create a Financial Roadmap to Success, Jody Grunden helps startup founders and company owners dive deep into the financial side of the business. What is forecasting and why do you need to do it? Learn the importance of using a forecast as a guide for every decision you make -- i.e. expansion, acquisition, buyout, retirement. What if you could pull a lever to improve your company's performance? You can! Discover the four levers (Utilization, Weekly Expectation, Standard Bill Rate and Average Bill Rate) and how they all lead to your company's Effective Rate. How do you determine and measure your pipeline? Your pipeline metric (what you currently have under contract and what you have "in the works") should not be forgotten as it can have a drastic impact on your revenue. Jody Grunden pulls from over 20 years of both public and corporate accounting experience to provide this tremendous resource for business owners. He is the co-founder and CEO at Summit CPA Group, a Virtual CFO firm that helps clients maximize profits, minimize taxes, and increase cash flow. His personable style makes it easy for readers to understand and apply the concepts to their own company, regardless of their current comfort level with the finances. About the Summit CPA Group Summit CPA Group operates under a profit-focused model, using dynamic forecasting models and key performance indicators with their clients to help them transcend their focus from simply "being in the black" to longer-term financial health and wealth. Building on their foundation, Summit CPA Group started another line of business in 2010 doing 401K Audits. Since then, the Audit team has grown to be recognized as one of the top 5% of all firms performing that type of audit (based on quantity of audits). With the mission statement, "Changing the way people think about accounting," the next big step for the Summit CPA Group will be helping make this level of service a norm rather than an exception within other accounting firms.
Layered Money
Author: Nik Bhatia
Publisher:
ISBN: 9781736110515
Category :
Languages : en
Pages : 180
Book Description
In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a "layered" manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies. Bhatia's analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of "layered money" illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Readers will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future.
Publisher:
ISBN: 9781736110515
Category :
Languages : en
Pages : 180
Book Description
In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a "layered" manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies. Bhatia's analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of "layered money" illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Readers will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future.
The Rise of Digital Money
Author: Mr.Tobias Adrian
Publisher: International Monetary Fund
ISBN: 1498324908
Category : Business & Economics
Languages : en
Pages : 20
Book Description
This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.
Publisher: International Monetary Fund
ISBN: 1498324908
Category : Business & Economics
Languages : en
Pages : 20
Book Description
This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.
The Future of Money
Author: Eswar S. Prasad
Publisher: Harvard University Press
ISBN: 0674258444
Category : Business & Economics
Languages : en
Pages : 497
Book Description
A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
Publisher: Harvard University Press
ISBN: 0674258444
Category : Business & Economics
Languages : en
Pages : 497
Book Description
A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
The Rise of Public and Private Digital Money
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513592033
Category : Business & Economics
Languages : en
Pages : 33
Book Description
Following the companion paper on the new policy challenges related to the adoption of digital forms of money, this paper presents an operational strategy for the IMF to continue delivering on its mandate of ensuring domestic and international financial and economic stability. The paper begins by summarizing the forces driving the adoption of digital forms of money, and the new policy questions that emerge. It then focusses on how the IMF’s core activities and output will need to evolve, including surveillance, capacity development, and analytical foundations. It ends by discusses how the IMF intends to partner with other organization, and to grow and structure internal resources to fulfill this vision.
Publisher: International Monetary Fund
ISBN: 1513592033
Category : Business & Economics
Languages : en
Pages : 33
Book Description
Following the companion paper on the new policy challenges related to the adoption of digital forms of money, this paper presents an operational strategy for the IMF to continue delivering on its mandate of ensuring domestic and international financial and economic stability. The paper begins by summarizing the forces driving the adoption of digital forms of money, and the new policy questions that emerge. It then focusses on how the IMF’s core activities and output will need to evolve, including surveillance, capacity development, and analytical foundations. It ends by discusses how the IMF intends to partner with other organization, and to grow and structure internal resources to fulfill this vision.
The Currency Cold War: Cash and Cryptography, Hash Rates and Hegemony
Author: David Birch
Publisher: London Publishing Partnership
ISBN: 191301908X
Category : Business & Economics
Languages : en
Pages : 259
Book Description
Money is changing and this may mean a new world order. David Birch sets out the economic and technological imperatives concerning digital money, and discusses its potential impact. Tensions will inevitably arise: between old and new, between public and private, and, most importantly, between East and West. This book contributes to the debate that we must have to shape the International Monetary and Financial System of the near future.
Publisher: London Publishing Partnership
ISBN: 191301908X
Category : Business & Economics
Languages : en
Pages : 259
Book Description
Money is changing and this may mean a new world order. David Birch sets out the economic and technological imperatives concerning digital money, and discusses its potential impact. Tensions will inevitably arise: between old and new, between public and private, and, most importantly, between East and West. This book contributes to the debate that we must have to shape the International Monetary and Financial System of the near future.
Digital Cash
Author: Finn Brunton
Publisher: Princeton University Press
ISBN: 0691209162
Category : Business & Economics
Languages : en
Pages : 272
Book Description
The fascinating untold story of digital cash and its creators—from experiments in the 1970s to the mania over Bitcoin and other cryptocurrencies Bitcoin may appear to be a revolutionary form of digital cash without precedent or prehistory. In fact, it is only the best-known recent experiment in a long line of similar efforts going back to the 1970s. But the story behind cryptocurrencies like Bitcoin and its blockchain technology has largely been untold—until now. In Digital Cash, Finn Brunton reveals how technological utopians and political radicals created experimental money to bring about their visions of the future: to protect privacy, bring down governments, prepare for apocalypse, or launch a civilization of innovation and abundance that would make its creators immortal. Filled with marvelous characters, stories, and ideas, Digital Cash is an engaging and accessible account of the strange origins and remarkable technologies behind today's cryptocurrency explosion.
Publisher: Princeton University Press
ISBN: 0691209162
Category : Business & Economics
Languages : en
Pages : 272
Book Description
The fascinating untold story of digital cash and its creators—from experiments in the 1970s to the mania over Bitcoin and other cryptocurrencies Bitcoin may appear to be a revolutionary form of digital cash without precedent or prehistory. In fact, it is only the best-known recent experiment in a long line of similar efforts going back to the 1970s. But the story behind cryptocurrencies like Bitcoin and its blockchain technology has largely been untold—until now. In Digital Cash, Finn Brunton reveals how technological utopians and political radicals created experimental money to bring about their visions of the future: to protect privacy, bring down governments, prepare for apocalypse, or launch a civilization of innovation and abundance that would make its creators immortal. Filled with marvelous characters, stories, and ideas, Digital Cash is an engaging and accessible account of the strange origins and remarkable technologies behind today's cryptocurrency explosion.
CryptoDad
Author: J. Christopher Giancarlo
Publisher: John Wiley & Sons
ISBN: 111985508X
Category : Business & Economics
Languages : en
Pages : 431
Book Description
An insider's account of the rise of digital money and cryptocurrencies Dubbed "CryptoDad" for his impassioned plea to Congress to acknowledge and respect cryptocurrencies as the inevitable product of a fast-growing technological wave and a free marketplace, Chris Giancarlo is considered one of "the most influential individuals in financial regulation." CryptoDad: The Fight for the Future of Money describes Giancarlo’s own reckoning with the future of the global economy—at the intersection of markets, technology, and public policy—and lays out the fight for a Digital Dollar. CryptoDad is Giancarlo's own personal story, detailing his forays into the world of Wall Street to his tenure as the 13th Chairman of the United States Commodity Futures Trading Commission (CFTC), where he pushed for the agency to recognize the digitization of markets. His growing fame as a Twitter presence in this essential debate has given Giancarlo a platform to makes a case for the future of cryptocurrencies as the natural successor to America’s current failing financial market infrastructure. CryptoDad provides readers with: A thorough exploration of digital change and how it affects the lives of everyone in a global economy A revolutionary consideration of regulatory responses to the rapid pace of technological innovation A call to update our aging financial organizations, particularly the infrastructure of money itself, and focus on renewed faith and confidence in free market innovation A foreword by Cameron and Tyler Winklevoss, two of the biggest names in cryptocurrencies CryptoDad argues that the next digital wave will be the coming Internet of Value, where cryptocurrencies will do the Internet of Information did to immaterial things: make them accessible, distributable, and movable instantly across the globe. This book is an ideal introduction to the importance of technology in the marketplace.
Publisher: John Wiley & Sons
ISBN: 111985508X
Category : Business & Economics
Languages : en
Pages : 431
Book Description
An insider's account of the rise of digital money and cryptocurrencies Dubbed "CryptoDad" for his impassioned plea to Congress to acknowledge and respect cryptocurrencies as the inevitable product of a fast-growing technological wave and a free marketplace, Chris Giancarlo is considered one of "the most influential individuals in financial regulation." CryptoDad: The Fight for the Future of Money describes Giancarlo’s own reckoning with the future of the global economy—at the intersection of markets, technology, and public policy—and lays out the fight for a Digital Dollar. CryptoDad is Giancarlo's own personal story, detailing his forays into the world of Wall Street to his tenure as the 13th Chairman of the United States Commodity Futures Trading Commission (CFTC), where he pushed for the agency to recognize the digitization of markets. His growing fame as a Twitter presence in this essential debate has given Giancarlo a platform to makes a case for the future of cryptocurrencies as the natural successor to America’s current failing financial market infrastructure. CryptoDad provides readers with: A thorough exploration of digital change and how it affects the lives of everyone in a global economy A revolutionary consideration of regulatory responses to the rapid pace of technological innovation A call to update our aging financial organizations, particularly the infrastructure of money itself, and focus on renewed faith and confidence in free market innovation A foreword by Cameron and Tyler Winklevoss, two of the biggest names in cryptocurrencies CryptoDad argues that the next digital wave will be the coming Internet of Value, where cryptocurrencies will do the Internet of Information did to immaterial things: make them accessible, distributable, and movable instantly across the globe. This book is an ideal introduction to the importance of technology in the marketplace.
The Digital Dollar Revolution
Author: Zcash101
Publisher: eBookIt.com
ISBN: 1456643673
Category : Business & Economics
Languages : en
Pages : 157
Book Description
Embark on a Journey Through the Heart of the Financial Future Imagine a world where the very essence of transactions, savings, and investments are revolutionized. "The Digital Dollar Revolution: How E-Currency Shapes American Lives" offers readers an exhilarating exploration into this emerging reality. Delve deep into the profound changes e-currency brings to society, and discover how the digital dollar is reshaping the American dream. Step by step, the book unravels the complex web of technology, economy, and policy that forms the backbone of the digital dollar. Through insightful analysis of its history and development, you gain a robust understanding of digital versus traditional currency, and the technological innovation driving this dramatic shift. Chapter 1: Understanding the Digital Dollar illuminates the beginnings of this financial phenomenon, setting the stage for a captivating narrative. Chapter 2: The Digital Economy delves into the impact on e-commerce and consumer behavior, revealing the foundations of the gig economy revolution. As the digital dollar intertwines with daily life, your perspective on personal finances and commerce will evolve. The narrative takes a critical turn with Chapter 3: Financial Inclusion and Exclusion, examining the potential to break banking barriers while also considering the risk of deepening inequalities. With Chapters 4 and 5 addressing privacy and cybersecurity, the book exposes the delicate balance between data security and civil liberties, painting a vivid picture of the new challenges we face. From shedding light on how digital currency is recalibrating the job market (Chapter 6: Digital Currency and American Jobs) to exploring the far-reaching effects on banking and finance (Chapter 8: The Ripple Effect on Banking and Finance), this book leaves no stone unturned. It boldly addresses the politics of a digitized economy, the global currency race, and the striking cultural shifts that accompany this financial metamorphosis. Join the ranks of the informed and become a part of "The Digital Dollar Revolution". As you turn the final pages, you won't just understand the road ahead for the average American--you'll be equipped to navigate it.
Publisher: eBookIt.com
ISBN: 1456643673
Category : Business & Economics
Languages : en
Pages : 157
Book Description
Embark on a Journey Through the Heart of the Financial Future Imagine a world where the very essence of transactions, savings, and investments are revolutionized. "The Digital Dollar Revolution: How E-Currency Shapes American Lives" offers readers an exhilarating exploration into this emerging reality. Delve deep into the profound changes e-currency brings to society, and discover how the digital dollar is reshaping the American dream. Step by step, the book unravels the complex web of technology, economy, and policy that forms the backbone of the digital dollar. Through insightful analysis of its history and development, you gain a robust understanding of digital versus traditional currency, and the technological innovation driving this dramatic shift. Chapter 1: Understanding the Digital Dollar illuminates the beginnings of this financial phenomenon, setting the stage for a captivating narrative. Chapter 2: The Digital Economy delves into the impact on e-commerce and consumer behavior, revealing the foundations of the gig economy revolution. As the digital dollar intertwines with daily life, your perspective on personal finances and commerce will evolve. The narrative takes a critical turn with Chapter 3: Financial Inclusion and Exclusion, examining the potential to break banking barriers while also considering the risk of deepening inequalities. With Chapters 4 and 5 addressing privacy and cybersecurity, the book exposes the delicate balance between data security and civil liberties, painting a vivid picture of the new challenges we face. From shedding light on how digital currency is recalibrating the job market (Chapter 6: Digital Currency and American Jobs) to exploring the far-reaching effects on banking and finance (Chapter 8: The Ripple Effect on Banking and Finance), this book leaves no stone unturned. It boldly addresses the politics of a digitized economy, the global currency race, and the striking cultural shifts that accompany this financial metamorphosis. Join the ranks of the informed and become a part of "The Digital Dollar Revolution". As you turn the final pages, you won't just understand the road ahead for the average American--you'll be equipped to navigate it.
Digital Entrepreneurship in Africa
Author: Nicolas Friederici
Publisher: MIT Press
ISBN: 026236283X
Category : Business & Economics
Languages : en
Pages : 337
Book Description
The hope and hype about African digital entrepreneurship, contrasted with the reality on the ground in local ecosystems. In recent years, Africa has seen a digital entrepreneurship boom, with hundreds of millions of dollars poured into tech cities, entrepreneurship trainings, coworking spaces, innovation prizes, and investment funds. Politicians and technologists have offered Silicon Valley-influenced narratives of boundless opportunity and exponential growth, in which internet-enabled entrepreneurship allows Africa to "leapfrog" developmental stages to take a leading role in the digital revolution. This book contrasts these aspirations with empirical research about what is actually happening on the ground. The authors find that although the digital revolution has empowered local entrepreneurs, it does not untether local economies from the continent's structural legacies.
Publisher: MIT Press
ISBN: 026236283X
Category : Business & Economics
Languages : en
Pages : 337
Book Description
The hope and hype about African digital entrepreneurship, contrasted with the reality on the ground in local ecosystems. In recent years, Africa has seen a digital entrepreneurship boom, with hundreds of millions of dollars poured into tech cities, entrepreneurship trainings, coworking spaces, innovation prizes, and investment funds. Politicians and technologists have offered Silicon Valley-influenced narratives of boundless opportunity and exponential growth, in which internet-enabled entrepreneurship allows Africa to "leapfrog" developmental stages to take a leading role in the digital revolution. This book contrasts these aspirations with empirical research about what is actually happening on the ground. The authors find that although the digital revolution has empowered local entrepreneurs, it does not untether local economies from the continent's structural legacies.