The fall of TGI FridaysHow a casual dining chain that once generated $2 billion in annual revenues went bust
TGI Fridays has gone through a lot of iterations. It started in the 1960s as a hot singles bar. By the ’80s and ’90s, it had transformed into a nice-enough family-friendly spot for a cheapish night out. Nowadays, the chain has become a place that nobody really wants to go to — at least not…
The rise of the product managerHow a humdrum dot-com job became the most powerful — and reviled — role in tech
Elle took a job in the tech industry about seven years ago, right when product management was “getting hot,” she says. While the companies she’s since worked for have had vastly different expectations of her, one thing has been consistent: clashes with other teams. Product managers serve as a bridge between engineers, salespeople, customer-service agents,…
The DOJ wants Google to sell its Chrome browser. Here are the winners and losers if that happens.
A judge ruled in August that Google maintains an illegal monopoly in the search and advertising markets. A possible breakup of Google just became slightly more likely. The Justice Department on Wednesday asked the judge in its antitrust case against Google to force the company to sell its Chrome browser. That follows Judge Mehta’s ruling…
Tech founder who spends half of each week away from his wife and daughter: ‘I often feel very sorry and guilty’
Rather than feeling guilty for being away, Alex Li, 34, says he focuses on what he can do to be there for his family. As a 34-year-old founder, husband, and dad, Alex Li is away from his family more than he’d like to be. He lives in Dover, Delaware, where his AI education company is…
4 reasons you could be getting passed up for promotions, according to an ex-Google recruiter
Before becoming the CEO of FairComp, a company that helps employees understand if they’re paid fairly, I was a recruiter for Google for three years and led recruiting at Doordash for another three years. I often saw colleagues and friends get overlooked for promotions. There are several reasons for this — here are four of…
I went to law school in Mexico and an Ivy League in the US. It was cheaper and easier to make friends in Mexico.
The author, not pictured, went to law school in the US and Mexico. Ever since I decided to become a lawyer, a question has lingered in my mind: Should I go to law school in my native Mexico, or should I do it in the neighboring US? Hard work and a bit of student loan…
I became a millionaire at 28 but it took me a long time to find joy in my financial security
Hazel Secco became a millionaire at age 28. I can trace my attitudes about money back two generations. My grandmother grew up in Korea during the war generation. She passed her anxieties about money on to my mother. My dad was a gambling addict, which left my mom as the breadwinner for the entire extended…
Why Carson Block is shorting cosmetics company ELF Beauty
Carson Block is the founder of the short-seller Muddy Waters Capital. The notorious short-seller Carson Block has a new target: the discount cosmetics company ELF Beauty. The California-based beauty company “seems to sell product it does not have,” Block, the founder of Muddy Waters, said in his report, presented at the Sohn Conference in London…
Palmer Luckey says his Facebook firing changed the way he does business
Palmer Luckey, founder of Oculus and Anduril Industries, is using caution in his business dealings. Oculus founder Palmer Luckey said his frosty departure from Facebook years ago changed the way he approaches business deals. The billionaire was ousted from the tech company, which bought Oculus in 2014, in 2016 after a report that he’d donated…
