New layoffs at Twitter hit trust and safety workers even as advertisers worry about toxic speech
Several trust and safety workers at Twitter, or X, were laid off earlier this month. Such workers are supposed to oversee and mitigate toxic content, keeping advertisers happy. The team is now a small fraction of its size prior to Elon Musk’s takeover. Elon Musk recently laid off more Twitter employees responsible for the platform’s…
How the founder of Girls That Invest grew her media business to $1.4 million in revenue using podcasts and Instagram
Simran Kaur is the founder of Girls That Invest, a financial literacy platform. She started a podcast and used platforms like Instagram to help establish the company. The business has brought in $1.4 million dollars in revenue in three years. Simran Kaur was taken aback when she discovered how much money her best friend of…
Hollywood is bracing for a ‘land grab’ for production studios and a scramble to restart films and TV shows once the strikes end
Hollywood is bracing for a scramble to restart productions once the strikes end. Some productions are quietly starting to inquire about booking studio space again. Getting productions restarted will be complicated because of the strikes’ duration. The historic strikes in Hollywood continue, but players are quietly preparing to resume productions once the work stoppage ends…
The head quant strategist at a $194 billion firm shares 4 trades he sees delivering at least 6% returns over each of the next 5 years as a recession gets ready to hit the US economy next year
Robeco strategists see a mild recession coming next year. But they still see opportunities for returns in different pockets of global markets. These include global high yield bonds, developed market and emerging market stocks, and real estate. The top quantitative strategist at Robeco, a $194 billion asset manager, believes the US economy will enter a…
As Instacart goes public, it’s no victory lap for founder Apoorva Mehta
Apoorva Mehta co-founded the grocery delivery app in 2012 after twenty failed startup attempts. The company is going public today at an expected valuation of $9.9 billion, down from $39 billion at its peak. Mehta stepped down as CEO in 2021 and will leave the company’s board today as it completes its IPO. For most…
‘Insanity upside potential’: A hedge fund manager up 734% since the start of 2019 highlights the best investing opportunity he’s ever seen — and explains why the remarkable oil rally will gain steam
Commodities have taken off, and Harris Kupperman expects the rallies to continue. The hedge fund manager said uranium is one of the best investing opportunities he’s ever seen. Here’s how Kupperman is playing both uranium and oil as they’re poised to climb higher. Oil and uranium prices have recently skyrocketed, and hedge fund manager Harris…
‘No one can blame you for backing Sequoia’: It’s a rough time to be raising as a solo venture capitalist in Europe
Solo GPs, or venture firms with one main partner, are on the rise in Europe. A trend in the US for a number of years, solo GPs are now more prominent in Europe. Solo GPs continue to raise funds but restrictions at institutional LPs are making it more difficult. In America, lone-wolf venture capitalists are…
Drew Barrymore praised for showing human capacity to reverse course after a very bad decision
Barrymore became admired again on Sunday when she decided to halt production on her show, offering America a ‘teachable moment’ about listening to critics and acknowledging when she’s wrong Drew Barrymore, the lovably quirky and phenomenally resilient Hollywood star, became one of the most mocked and disparaged women in America for a week. As the…
Santa Clara Councilmembers file ethics complaint against group they say has ties to Mayor Lisa Gillmor
The councilmembers filed complaints with the city, FPPC and the IRS. Three Santa Clara city council members have filed several ethics complaints against Stand Up For Santa Clara, a self-described “grass-roots watchdog organization” linked to Mayor Lisa Gillmor. Vice Mayor Kevin Park and Councilmembers Anthony Becker and Suds Jain recently filed complaints with the city…
