Bank of America breaks down the 4 cities facing the biggest housing shortages right now — and the 3 where there’s still plenty of room
A recent report by the Bank of America Institute compared population with housing supply. The results were the 4 cities with the most housing available now, and the 3 cities with the least. San Antonio, Dallas, Orlando, and Houston have high population growth and low housing supply. Homes are difficult to come by these days,…
Deepset, an AI startup that helps companies build apps with LLMs, just raised $30 million with this 12-slide pitch deck
Deepset, a German AI startup that offers LLM developer tools, has raised $30 million. London-based investor Balderton Capital led the round into the five-year-old company. The company wants to expand its Haystack product and grow its presence in the US. Deepset, a German AI startup, has raised $30 million in a round led by Balderton…
PE firm Novacap has acquired the TV adtech platform Cadent, which now plans to go on an acquisition spree
PE firm Novacap has acquired TV adtech company Cadent. The deal is valued at around $600 million, according to a source. Cadent now plans an acquisition spree to bolster the platform’s growth. Novacap, a Canadian private equity firm, announced the acquisition of Cadent, a US TV adtech platform, on Wednesday. The transaction’s terms were not…
A top-3% fund manager over the past 5 years explains how to ride momentum in markets and find under-the-radar winners overseas
Instead of attempting to outsmart the market, Ivo Kovachev rides stocks’ momentum. Little-known companies in emerging markets are his favorite investments. Here’s how Kovachev selects stocks and where he sees the best opportunities now. Ivo Kovachev, a market veteran, rises above his peers by following the pack. While many fund managers seek to buy undervalued…
Chaos in the Hamptons: Tracy Anderson devotees gripe about $5,500 mats, $90 classes, and power struggles among ‘queen bees’
Tracy Anderson devotees are frustrated over rising prices and power struggles in the Hamptons. It costs $5,500 to book a preferred mat for the summer — on top of the $900 monthly membership. Drama recently arose when a client got the schedule changed — and others started a petition to reverse it. Clients of Tracy…
After funding her 401(k) for 25 years, one woman realized it wouldn’t be enough to retire. Here’s how she used real-estate investing to build wealth and help thousands through her women-only investment network.
Tresa Todd spent 25 years working in the medical industry and contributing to her 401(k). When she realized she wouldn’t have enough money to retire, she turned to real-estate investing. She eventually founded a network to help other women achieve financial freedom via real estate investing. Tresa Todd worked as an ophthalmologist’s assistant for over…
How the founder of The Daily Upside used the lessons he learned as a media banker to build a profitable newsletter company
Patrick Trousdale’s The Daily Upside newsletter for investors just hit 1 million subscribers. It’s an example of how a media company can be profitable in a jittery time for the industry. The ex-Guggenheim banker plans to launch more newsletters and paid content, as well as get into audio and video. Patrick Trousdale had the opportunity…
3 key questions Disney analysts say CEO Bob Iger faces ahead of earnings, as concerns mount about succession and streaming profits
Analysts are expecting another tepid quarter when Disney reports earnings on Wednesday. The company is facing a bevy of challenges affecting its streamers, ESPN, and long-term leadership. Insider spoke to analysts and experts about what they hope to hear CEO Bob Iger address. The Walt Disney Company is facing a slew of challenges as it…
Triller is finally heading to the public markets after trimming losses and tweaking its investor pitch. Here are 3 main takeaways from the hundreds of pages it filed.
Triller’s preliminary S-1 filing to go public on the New York Stock Exchange has been released. The company reported a smaller net loss in 2022 than in 2021 and around $48 million in 2022 revenue. It highlighted an atypical set of key operating metrics, citing user engagement on competitor apps. More than a year after…
