Andrew Bialecki built Klaviyo into an email titan by breaking all the norms. Now he’s taking it public as its largest shareholder.
Andrew Bialecki is preparing to take Boston startup Klaviyo public eleven years after founding it. Bialecki is a rare breed of founder who bootstrapped the company for years and burned little cash. Today he owns 38.1% of Klaviyo, surpassing investors as its largest shareholder. When Klaviyo goes public in the coming weeks, cofounder and CEO…
A couple made $34,000 in 3 months selling books on Amazon KDP. Here’s how they use ChatGPT to help write their books.
Angelina Stanzione and Chris Rawson started selling nonfiction books on Amazon KDP in 2019. They hired ghostwriters to produce first drafts but replaced them with ChatGPT this year. The couple, who quit their jobs after six months, shared how they built the mostly passive income. Self-published authors don’t need a novel idea or even to…
Exclusive: Deel, a $12 billion HR startup, is contemplating an acquisition of competitor Papaya Global
Insider obtained a letter sent from Deel’s chairman and CFO, Philippe Bouaziz. In the letter, Bouaziz says Deel “may contemplate an acquisition offer” of Papaya Global. Papaya’s CEO has been in an unusual public spat with one of the company’s largest investors. According to a letter obtained by Insider from Deel’s chairman and CFO, Philippe Bouaziz, the board…
Here’s who’s leading Morgan Stanley’s cloud initiatives after the bank’s lead departs for Microsoft
Allison Gorman Nachtigal was previously the head of Morgan Stanley’s cloud program. She left to start a new role at Microsoft as a VP building cloud solutions for industry clients. Managing directors Yunchi Nam and Trevor Brosnan are overseeing Gorman’s previous remit. Microsoft has recently acquired one of Wall Street’s top cloud executives. Allison Gorman…
‘We are casualties of this’: A film influencer with 470,000 TikTok followers on scrambling to take second jobs, making up for lost income, and facing online hate as Hollywood’s strikes drag on
The actors’ union, SAG-AFTRA, has strict strike rules barring social-media creators from supporting studios. As the actors’ strike goes on, some influencers are experiencing financial hardship. Jasmine Paige Moore, a TikTok creator, tells Insider about giving up content creation and returning to bartending during the strike. This first-person as-told-to story is based on an August…
A real-estate investor and realtor shares 2 pieces of advice for buying a rental property amid high mortgage rates — including the pros and cons of single-family homes, multifamily properties, and condos
Maryland realtor Bill Armstrong says now could be the time to get into an adjustable-rate mortgage. He also recommended that new buyers find a realtor that isn’t actively looking for a property. If looking for appreciation, he said single-family properties are best. With mortgage rates back above 7% and home prices remaining high, now is…
‘Where ambition goes to die’: These tech workers flocked to Austin during the pandemic. Now they’re desperate to get out.
Many tech workers in California moved to Austin during the pandemic in search of a new lifestyle. Austin has also been portrayed as a growing tech hub, with companies like Tesla moving to the city. Some tech workers say they regret moving there, given its middling tech scene and “fake” atmosphere. Mike Chang, a 30-year-old…
Salesforce CEO Marc Benioff thanked ‘boomerang’ employees for the company’s turnaround
Salesforce profit margins exceeded 30% in the second quarter, earlier than expected. CEO Marc Benioff thanked “boomerangs,” employees who left and came back, for the fast-tracked growth. Existing employees also played a big part, Benioff said. Salesforce exceeded its profit margin targets in the second quarter, ahead of schedule, and CEO Marc Benioff attributes the…
How insiders are reacting to Mark Thompson, CNN’s new CEO, and how they think he’ll tackle the network’s challenges: ‘He wants to be involved in editorial’
CNN’s new CEO is Mark Thompson, an experienced news leader, Warner Bros. Discovery announced. Insiders said Thompson’s familiarity with turnarounds and talent at the New York Times will benefit CNN. His appointment by WBD CEO David Zaslav also could help the company if it decides to spin off CNN. Former colleagues and acquaintances told Insider…
