28 days ago
Rare Beauty and Béis are back for round two.
Following the near sellout of their first limited-edition collection in under an hour in 2025, according to the companies, founders Selena Gomez and Shay Mitchell are reuniting for a second collaboration launching Monday through both brands' websites.
More from WWD
EXCLUSIVE: Winky Lux Founder Natalie Mackey Launches Fine Jewelry Brand
Merit Expands Fragrance Portfolio With New Wave L'extrait De Parfum
#gomez #shay #Monday
Following the near sellout of their first limited-edition collection in under an hour in 2025, according to the companies, founders Selena Gomez and Shay Mitchell are reuniting for a second collaboration launching Monday through both brands' websites.
More from WWD
EXCLUSIVE: Winky Lux Founder Natalie Mackey Launches Fine Jewelry Brand
Merit Expands Fragrance Portfolio With New Wave L'extrait De Parfum
#gomez #shay #Monday
1 month ago
Fast food giant Wendy's faced a fresh wave of permanent store closures on Friday for the second weekend in a row as one of its biggest franchisees scrambled to restructure operations in the aftermath of a Chapter 11 bankruptcy filing.
Most Read from Fast Company
Emotionally intelligent people use 3 short phrases to stop getting defensive and strengthen their relationships
Wendy's is facing more store closures: See an updated list of shuttered locations from franchise bankruptcy
Panda Express's founders built a $7 billion empire. Now they're helping 55,000 employees become homeowners
#fast #closures #Friday
Most Read from Fast Company
Emotionally intelligent people use 3 short phrases to stop getting defensive and strengthen their relationships
Wendy's is facing more store closures: See an updated list of shuttered locations from franchise bankruptcy
Panda Express's founders built a $7 billion empire. Now they're helping 55,000 employees become homeowners
#fast #closures #Friday
1 month ago
Chuck Lorre's remarks about President Donald Trump at a Los Angeles charity gala have drawn a White House response. The creator of The Big Bang Theory and Two and a Half Men called Trump a "bloated orange piece of s--- in the White House" during Project Angel Food's Sept. 26 Angel Awards, according to Entertainment Weekly.
White House spokesperson Davis Ingle told Fox News Digital that Lorre should "seek psychiatric help," accusing him of "Trump Derangement Syndrome." TheWrap reported the reply on Oct. 3.
The gala took place at The Chuck Lorre Family Foundation Kitchen & Campus. Project Angel Food's meal program serves seriously ill people across Los Angeles County at no cost to clients, with dietitians and chefs developing menus around their medical needs.
Director Nikki Lorre presented her father with the Founders Angel Award, the organization's highest honor. The nonprofit says it has bestowed the award only once before, on founder Marianne Williamson and her co-founders.
In the political portion of his speech, Lorre said he wanted a government that prioritized citizens' health and welfare. He also made jokes about Trump's health and directed personal insults at first lady Melania Trump, according to TheWrap's account.
#lorre #chuck #project #award
White House spokesperson Davis Ingle told Fox News Digital that Lorre should "seek psychiatric help," accusing him of "Trump Derangement Syndrome." TheWrap reported the reply on Oct. 3.
The gala took place at The Chuck Lorre Family Foundation Kitchen & Campus. Project Angel Food's meal program serves seriously ill people across Los Angeles County at no cost to clients, with dietitians and chefs developing menus around their medical needs.
Director Nikki Lorre presented her father with the Founders Angel Award, the organization's highest honor. The nonprofit says it has bestowed the award only once before, on founder Marianne Williamson and her co-founders.
In the political portion of his speech, Lorre said he wanted a government that prioritized citizens' health and welfare. He also made jokes about Trump's health and directed personal insults at first lady Melania Trump, according to TheWrap's account.
#lorre #chuck #project #award
1 month ago
Chuck Lorre ignited a feud with White House after a charity gala speech put Donald Trump on notice.
Lorre lamented that while he'd love to champion a "compassionate government," he instead feels compelled to "say a few words about that bloated orange piece of s--- in the White House."
A spokesperson for the White House responded, encouraging Lorre to "immediately seek psychiatric help to treat his severe case of Trump Derangement Syndrome."
Add Chuck Lorre to the overstuffed rolodex of Hollywood legends who have personal beef with Donald Trump.
The creator of such modern classics as The Big Bang Theory and Two and a Half Men took no prisoners in his acceptance speech after winning the Founders Award at a Project Angel Food fundraiser in Los Angeles on Sept. 26. "Sure, I'd love to stand here and talk about my deep yearning for a more compassionate government, one that prioritizes the health and welfare of its citizens," he lamented. "But the burden of my profession demands that I take this opportunity to say a few words about that bloated orange piece of s--- in the White House" (per The Daily Beast).
#lorre #speech #compassionate
Lorre lamented that while he'd love to champion a "compassionate government," he instead feels compelled to "say a few words about that bloated orange piece of s--- in the White House."
A spokesperson for the White House responded, encouraging Lorre to "immediately seek psychiatric help to treat his severe case of Trump Derangement Syndrome."
Add Chuck Lorre to the overstuffed rolodex of Hollywood legends who have personal beef with Donald Trump.
The creator of such modern classics as The Big Bang Theory and Two and a Half Men took no prisoners in his acceptance speech after winning the Founders Award at a Project Angel Food fundraiser in Los Angeles on Sept. 26. "Sure, I'd love to stand here and talk about my deep yearning for a more compassionate government, one that prioritizes the health and welfare of its citizens," he lamented. "But the burden of my profession demands that I take this opportunity to say a few words about that bloated orange piece of s--- in the White House" (per The Daily Beast).
#lorre #speech #compassionate
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Humanoid robots are showing meaningful progress beyond controlled demonstrations, with advances in autonomy, dexterity, and the ability to perform repetitive real-world tasks. But widespread commercial deployment still remains a work in progress.
After spending a week meeting with leading robotics labs, engineers and investors across the San Francisco Bay Area, researchers found that most humanoid robots remain in development, training, and tele-operated demonstrations. Where real-world deployments exist, they are generally closer to pilots than clear return-on-investment opportunities, according to a report published Wednesday by Citrini Research.
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A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#robots
Humanoid robots are showing meaningful progress beyond controlled demonstrations, with advances in autonomy, dexterity, and the ability to perform repetitive real-world tasks. But widespread commercial deployment still remains a work in progress.
After spending a week meeting with leading robotics labs, engineers and investors across the San Francisco Bay Area, researchers found that most humanoid robots remain in development, training, and tele-operated demonstrations. Where real-world deployments exist, they are generally closer to pilots than clear return-on-investment opportunities, according to a report published Wednesday by Citrini Research.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#robots
2 months ago
AGNC Investment (NASDAQ: AGNC) completed its IPO in May 2008 at $20 per share. Today, shares of the mortgage REIT trade at around $10 per share, a staggering 50% below their IPO price.
However, the company's monthly dividends have more than offset the slump in its share price. AGNC has paid out over $50 per share in ****** ulative dividends since its IPO, more than double its IPO price. With dividends reinvested, it has significantly outperformed mortgage REITs and other financial stocks since its IPO.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
AGNC Investment's founders formed it in the depths of the financial crisis, seeing an opportunity to create a leading Agency MBS (mortgage-backed securities guaranteed against credit losses by government agencies like Fannie Mae). It invests in Agency MBS on a leveraged basis, primarily through repurchase agreements, and uses dynamic risk management strategies to navigate market risks, including interest rate changes.
The company has had to maneuver around several market cycles, unexpected events, and market volatility over the years, which have weighed on its investment returns and earnings. AGNC Investment has still managed to significantly expand its Agency MBS portfolio (it reached $97.2 billion at the end of the second quarter), financed primarily by selling stock. As a result, its shares outstanding have risen a staggering 7,660% since its IPO. This combination of earnings volatility and dilution is why its share prices have fallen 50% since the IPO.
#since #agency #dividends
However, the company's monthly dividends have more than offset the slump in its share price. AGNC has paid out over $50 per share in ****** ulative dividends since its IPO, more than double its IPO price. With dividends reinvested, it has significantly outperformed mortgage REITs and other financial stocks since its IPO.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
AGNC Investment's founders formed it in the depths of the financial crisis, seeing an opportunity to create a leading Agency MBS (mortgage-backed securities guaranteed against credit losses by government agencies like Fannie Mae). It invests in Agency MBS on a leveraged basis, primarily through repurchase agreements, and uses dynamic risk management strategies to navigate market risks, including interest rate changes.
The company has had to maneuver around several market cycles, unexpected events, and market volatility over the years, which have weighed on its investment returns and earnings. AGNC Investment has still managed to significantly expand its Agency MBS portfolio (it reached $97.2 billion at the end of the second quarter), financed primarily by selling stock. As a result, its shares outstanding have risen a staggering 7,660% since its IPO. This combination of earnings volatility and dilution is why its share prices have fallen 50% since the IPO.
#since #agency #dividends
2 months ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
Let's just come right out and say it: It's a good time to sell a registered investment advisor practice.
We've all read headlines about sky-high multiples and firm owners fielding multiple calls a day from potential suitors. It's an environment where successful founders can generate tremendous value from selling their firms. The process isn't simple, however, and there are pitfalls that owners can stumble into, potentially robbing them of hard-earned enterprise value.
Adam Lewis, partner at Vedder Price, talked through these dynamics this week during a standing-room only session at the Future Proof Festival in Huntington Beach, California. While he advises on M&A across multiple industries, the world of wealth management stands apart in 2026 as the "strongest by far" in terms of dealmaking activity. The entrance of private equity buyers in the RIA **** e has been particularly significant, with the heightened competition among buyers helping ramp up valuations. It's a great environment for sellers who hope to monetize their life's work to fund their retirement lifestyle and potentially create intergenerational wealth, Lewis said. But it's important to be diligent and bring the right expertise to the table during the negotiation process.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#lewis
Let's just come right out and say it: It's a good time to sell a registered investment advisor practice.
We've all read headlines about sky-high multiples and firm owners fielding multiple calls a day from potential suitors. It's an environment where successful founders can generate tremendous value from selling their firms. The process isn't simple, however, and there are pitfalls that owners can stumble into, potentially robbing them of hard-earned enterprise value.
Adam Lewis, partner at Vedder Price, talked through these dynamics this week during a standing-room only session at the Future Proof Festival in Huntington Beach, California. While he advises on M&A across multiple industries, the world of wealth management stands apart in 2026 as the "strongest by far" in terms of dealmaking activity. The entrance of private equity buyers in the RIA **** e has been particularly significant, with the heightened competition among buyers helping ramp up valuations. It's a great environment for sellers who hope to monetize their life's work to fund their retirement lifestyle and potentially create intergenerational wealth, Lewis said. But it's important to be diligent and bring the right expertise to the table during the negotiation process.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#lewis
2 months ago
Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners. Founders Fund, GIC, Nvidia, Qatar Investment Authority (QIA), Radical Ventures, and TPG also participated, according to Crusoe.
Crusoe also announced three new board members, including Cloudflare CFO Thomas Seifert; Bill Stein, partner and CIO at Primary Digital Infrastructure; and Redwood Materials founder and CEO JB Straubel, who also sits on Tesla's board. Straubel already has ties to Crusoe; he personally invested in the company in 2021, and Crusoe later became the first customer of Redwood's energy storage business.
The eight-year-old company's fresh capital infusion will help finance existing data center projects, including a large site in Abilene, Texas, used by OpenAI, as well as smaller, modular AI factories that can be transported by truck and connected to large power sources almost anywhere.
By manufacturing these modular data centers, called Spark, at its own facilities, Crusoe can deploy compute capacity quickly and without the need for large construction workforces. The smaller centers could also help Crusoe sidestep, at least in part, another major obstacle facing data center developers: backlash from local communities protesting massive complexes near their neighborhoods.
Crusoe co-founder and CEO Chase Lochmiller, who is pictured above, said in a statement he believes AI will usher in an era of abundance, but to get there will mean "controlling the infrastructure from electrons to tokens, and we're grateful to have investors who share that conviction."
#straubel #round
Crusoe also announced three new board members, including Cloudflare CFO Thomas Seifert; Bill Stein, partner and CIO at Primary Digital Infrastructure; and Redwood Materials founder and CEO JB Straubel, who also sits on Tesla's board. Straubel already has ties to Crusoe; he personally invested in the company in 2021, and Crusoe later became the first customer of Redwood's energy storage business.
The eight-year-old company's fresh capital infusion will help finance existing data center projects, including a large site in Abilene, Texas, used by OpenAI, as well as smaller, modular AI factories that can be transported by truck and connected to large power sources almost anywhere.
By manufacturing these modular data centers, called Spark, at its own facilities, Crusoe can deploy compute capacity quickly and without the need for large construction workforces. The smaller centers could also help Crusoe sidestep, at least in part, another major obstacle facing data center developers: backlash from local communities protesting massive complexes near their neighborhoods.
Crusoe co-founder and CEO Chase Lochmiller, who is pictured above, said in a statement he believes AI will usher in an era of abundance, but to get there will mean "controlling the infrastructure from electrons to tokens, and we're grateful to have investors who share that conviction."
#straubel #round
2 months ago
Bain Capital Ventures closed its 11th flagship fund at $1.6 billion on Wednesday, betting big on a "post-AGI world" that places AI agents as the chief economic driver of productivity.
The firm has been swapping software for something venture capital has never underwritten: AI-native companies that sell the work itself rather than the technology behind it.
Software startups made up 80% of Fund IX and around 20% of Fund X, said partner Matt Harris. For Fund X, AI-native startups made up 80% of the portfolio.
"The classic software startup is just not being born anymore," Harris said. "These companies where AI is just one feature among many, I think that's thoroughly uninteresting to us and, most importantly, to the most ambitious founders."
BCV defines "post-AGI" as AI agents being as productive as humans. This model's first proof point came in the form of Reserv, an AI-native insurance claims administration startup that the firm incubated with Altai Ventures and other partners. According to Harris, the company hit $100 million in revenue in its second full year. In May, the company raised a $125 million Series C.
#agents
The firm has been swapping software for something venture capital has never underwritten: AI-native companies that sell the work itself rather than the technology behind it.
Software startups made up 80% of Fund IX and around 20% of Fund X, said partner Matt Harris. For Fund X, AI-native startups made up 80% of the portfolio.
"The classic software startup is just not being born anymore," Harris said. "These companies where AI is just one feature among many, I think that's thoroughly uninteresting to us and, most importantly, to the most ambitious founders."
BCV defines "post-AGI" as AI agents being as productive as humans. This model's first proof point came in the form of Reserv, an AI-native insurance claims administration startup that the firm incubated with Altai Ventures and other partners. According to Harris, the company hit $100 million in revenue in its second full year. In May, the company raised a $125 million Series C.
#agents
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Space Exploration Technologies Corp. CEO Elon Musk has reaffirmed that the commercial ***** eflight company will put NVIDIA Corp's orbital AI computing system in ***** e by next year.
On Sunday, user RyanFox.eth took to the social media platform X, referencing an unnamed YouTuber saying that data centers in ***** e could become a reality by 2035 if the cooling aspect were solved. "People really don't get it," the user said.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#space #exploration
Space Exploration Technologies Corp. CEO Elon Musk has reaffirmed that the commercial ***** eflight company will put NVIDIA Corp's orbital AI computing system in ***** e by next year.
On Sunday, user RyanFox.eth took to the social media platform X, referencing an unnamed YouTuber saying that data centers in ***** e could become a reality by 2035 if the cooling aspect were solved. "People really don't get it," the user said.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#space #exploration
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Space Exploration Technologies Corp. CEO Elon Musk has reaffirmed that the commercial ***** eflight company will put NVIDIA Corp's orbital AI computing system in ***** e by next year.
On Sunday, user RyanFox.eth took to the social media platform X, referencing an unnamed YouTuber saying that data centers in ***** e could become a reality by 2035 if the cooling aspect were solved. "People really don't get it," the user said.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#benzinga #elon
Space Exploration Technologies Corp. CEO Elon Musk has reaffirmed that the commercial ***** eflight company will put NVIDIA Corp's orbital AI computing system in ***** e by next year.
On Sunday, user RyanFox.eth took to the social media platform X, referencing an unnamed YouTuber saying that data centers in ***** e could become a reality by 2035 if the cooling aspect were solved. "People really don't get it," the user said.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#benzinga #elon
2 months ago
Six Anthropic cofounders made their debut on the Forbes 400 list of America's wealthiest people on Tuesday, with a combined net worth of $93 billion. Daniela Amodei, Dario Amodei, Tom Brown, Jack Clark, Jared Kaplan, and Sam McCandlish are each worth an estimated $15.5 billion, according to Forbes.
The six cofounders left OpenAI in 2021 to found Anthropic and have built the company into a significant competitor in the artificial intelligence industry, partly through the popularity of its Claude chatbot. Their fortunes rose in May, when Anthropic closed a funding round that more than doubled the estimated value of their individual stakes of roughly 1.6% each, according to Forbes. A seventh cofounder holds Canadian citizenship and does not appear on the list.
The Anthropic group ranked among the most prominent of 34 first-time entrants to this year's Forbes 400, which set a record minimum net worth of $4.4 billion, up from $3.8 billion in 2025. America's 400 wealthiest people are collectively worth $8 trillion, up from $6.6 trillion a year ago. The 34 newcomers account for $321 billion of that total.
The AI sector drove the largest share of new entrants, with 15 of the 34 newcomers drawing their wealth from the industry. OpenAI cofounder Greg Brockman topped the new members, debuting at No. 45 overall with an estimated $25.5 billion fortune. Robotics entrepreneur Brett Adcock ranked second among newcomers with an estimated $23.4 billion net worth, while investor Antonio Gracias, an early backer of multiple Elon Musk companies, placed third at $17.1 billion.
The Anthropic cofounders' arrival on the list follows a period of rapid growth at the company. Anthropic posted $11.6 billion in revenue in the second quarter, surpassing OpenAI's $6.7 billion for the same period — the first time Anthropic had led its rival on that measure. Anthropic also recorded a small adjusted operating profit of $559 million in the quarter, according to Forbes.
#estimated
The six cofounders left OpenAI in 2021 to found Anthropic and have built the company into a significant competitor in the artificial intelligence industry, partly through the popularity of its Claude chatbot. Their fortunes rose in May, when Anthropic closed a funding round that more than doubled the estimated value of their individual stakes of roughly 1.6% each, according to Forbes. A seventh cofounder holds Canadian citizenship and does not appear on the list.
The Anthropic group ranked among the most prominent of 34 first-time entrants to this year's Forbes 400, which set a record minimum net worth of $4.4 billion, up from $3.8 billion in 2025. America's 400 wealthiest people are collectively worth $8 trillion, up from $6.6 trillion a year ago. The 34 newcomers account for $321 billion of that total.
The AI sector drove the largest share of new entrants, with 15 of the 34 newcomers drawing their wealth from the industry. OpenAI cofounder Greg Brockman topped the new members, debuting at No. 45 overall with an estimated $25.5 billion fortune. Robotics entrepreneur Brett Adcock ranked second among newcomers with an estimated $23.4 billion net worth, while investor Antonio Gracias, an early backer of multiple Elon Musk companies, placed third at $17.1 billion.
The Anthropic cofounders' arrival on the list follows a period of rapid growth at the company. Anthropic posted $11.6 billion in revenue in the second quarter, surpassing OpenAI's $6.7 billion for the same period — the first time Anthropic had led its rival on that measure. Anthropic also recorded a small adjusted operating profit of $559 million in the quarter, according to Forbes.
#estimated
2 months ago
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Last night in New York City, the Kering Foundation held its fifth annual Caring for Women dinner in the midst of New York Fashion Week. Co-hosted by founders (and spouses) Salma Hayek and François-Henri Pinault, the event raises money to end gender-based violence, and it's become one of the starriest fundraisers of September—as well as a ****** e where the stars can get a bit daring with their looks.
This year, one of the most memorable ensembles of the night came courtesy of Pamela Anderson. Days after making a statement in a bright orange dress at the amfAR Gala Venezia, the queen of makeup-free red-carpet appearances turned heads again in an elegant all-black look that exuded classic Hollywood bombshell glamour.
Pamela Anderson attends the Caring for Women dinner on September 10.James Devaney - Getty Images
Anderson—who often styles herself—wore a sleek design from Gucci by Demna. The high-neck dress featured a semi-sheer, jersey-style fabric that cloaked The Naked Gun actor, leaving a few bare bits of skin thanks to a cutout around back, and a high slit that ran up the side of the skirt, exposing one of her legs. Anderson has never been afraid to bring a bit of ****** iness to the carpet.
#anderson
Last night in New York City, the Kering Foundation held its fifth annual Caring for Women dinner in the midst of New York Fashion Week. Co-hosted by founders (and spouses) Salma Hayek and François-Henri Pinault, the event raises money to end gender-based violence, and it's become one of the starriest fundraisers of September—as well as a ****** e where the stars can get a bit daring with their looks.
This year, one of the most memorable ensembles of the night came courtesy of Pamela Anderson. Days after making a statement in a bright orange dress at the amfAR Gala Venezia, the queen of makeup-free red-carpet appearances turned heads again in an elegant all-black look that exuded classic Hollywood bombshell glamour.
Pamela Anderson attends the Caring for Women dinner on September 10.James Devaney - Getty Images
Anderson—who often styles herself—wore a sleek design from Gucci by Demna. The high-neck dress featured a semi-sheer, jersey-style fabric that cloaked The Naked Gun actor, leaving a few bare bits of skin thanks to a cutout around back, and a high slit that ran up the side of the skirt, exposing one of her legs. Anderson has never been afraid to bring a bit of ****** iness to the carpet.
#anderson
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The phrase 'AI weapons' often conjures images of machines making life-and-death decisions without human oversight. Xtend AI Robotics, Inc. Common Stock CEO Aviv Shapira believes that narrative has outpaced reality. While autonomy is advancing rapidly across modern defense systems, he argues the industry's trajectory is not about removing humans from the battlefield, but enabling them to make better decisions by letting AI handle speed, complexity and dangerous tasks.
Shapira rejected the idea that autonomous weapons are headed toward fully independent lethal decision-making. "That is a misconception, at least in terms of where the industry is today," he told Benzinga in an exclusive email interview.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#benzinga #shapira #weapons #decisions
The phrase 'AI weapons' often conjures images of machines making life-and-death decisions without human oversight. Xtend AI Robotics, Inc. Common Stock CEO Aviv Shapira believes that narrative has outpaced reality. While autonomy is advancing rapidly across modern defense systems, he argues the industry's trajectory is not about removing humans from the battlefield, but enabling them to make better decisions by letting AI handle speed, complexity and dangerous tasks.
Shapira rejected the idea that autonomous weapons are headed toward fully independent lethal decision-making. "That is a misconception, at least in terms of where the industry is today," he told Benzinga in an exclusive email interview.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#benzinga #shapira #weapons #decisions
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Investor Ross Gerber on Monday advised Tesla Inc. owners to refrain from participating in the EV giant's Airbnb Inc.-like Robotaxi service rollout amid the Cybercab launch.
In a series of posts on the social media platform X on Monday, the Gerber Kawasaki co-founder shared his view on CEO Elon Musk's vision about the Cybercab being a crossover between Airbnb and Uber Technologies Inc.. "So tesla sells the cybercab to other "fleet managers" and takes a cut of the revenue for managing the system plus the sale price," the investor said in his post.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#gerber #finance
Investor Ross Gerber on Monday advised Tesla Inc. owners to refrain from participating in the EV giant's Airbnb Inc.-like Robotaxi service rollout amid the Cybercab launch.
In a series of posts on the social media platform X on Monday, the Gerber Kawasaki co-founder shared his view on CEO Elon Musk's vision about the Cybercab being a crossover between Airbnb and Uber Technologies Inc.. "So tesla sells the cybercab to other "fleet managers" and takes a cut of the revenue for managing the system plus the sale price," the investor said in his post.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#gerber #finance
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
2 months ago
Orionx, a crypto trading exchange backed by the stablecoin giant Tether, announced on Sep. 3 that it is shutting down after an audit discovered a gap in client ******* ets worth $7 million.
A Chilean exchange, Orionx revealed that a forensic audit confirmed a transfer of ******* ets worth more than $7 million held in custody to wallets not administered by the company.
Related: Andrew Tate sends harsh message on crypto from Miami prison
The exchange said it filed a complaint with the Public Prosecutor's Office for an investigation and filed a criminal lawsuit against co-founders Joaquín Díaz and Roberto Zibert.
Orionx said its sole priority right now is to work toward returning the largest possible amount of their ******* ets to the clients in the fastest and fairest way possible. It said it has already reported the ******* et closure and restitution plan to the authorities, with the first phase currently under implementation.
#assets #Crypto #million #filed
A Chilean exchange, Orionx revealed that a forensic audit confirmed a transfer of ******* ets worth more than $7 million held in custody to wallets not administered by the company.
Related: Andrew Tate sends harsh message on crypto from Miami prison
The exchange said it filed a complaint with the Public Prosecutor's Office for an investigation and filed a criminal lawsuit against co-founders Joaquín Díaz and Roberto Zibert.
Orionx said its sole priority right now is to work toward returning the largest possible amount of their ******* ets to the clients in the fastest and fairest way possible. It said it has already reported the ******* et closure and restitution plan to the authorities, with the first phase currently under implementation.
#assets #Crypto #million #filed
2 months ago
Anthropic's highly anticipated initial public offering (IPO) could feature an unusual approach to insider shares. Rather than the traditional 180-day lockup period for shares, a recent report suggests that Anthropic is considering allowing insiders to sell a portion of their shares during the IPO and subjecting the remaining shares to a lockup period well beyond 180 days.
If the report is true, these IPO criteria stand in contrast to ***** e Exploration Technologies' recent IPO, which released locked-up shares in tranches at designated times up to a year after the IPO. Although Anthropic's reported plan is not conventional as it relates to managing the sale of insider shares, it might be a plan the tech industry needs to consider. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Anthropic's Claude AI engine has emerged as an industry leader. To that end, a recent fundraising round valued the company at $965 billion, and it has targeted a $2 trillion valuation with the IPO, making an increasing number of investors anxious to own a stake in Anthropic stock. This means Anthropic could outdo ***** eX with its IPO.
The original plan was to follow a standard 180-day lockup period. Under this plan, founders, employees, and venture capitalists cannot trade for a set number of days. Laws do not require such a limitation, but it has become a standard provision in such contracts.
#shares #plan #lockup #flashing
If the report is true, these IPO criteria stand in contrast to ***** e Exploration Technologies' recent IPO, which released locked-up shares in tranches at designated times up to a year after the IPO. Although Anthropic's reported plan is not conventional as it relates to managing the sale of insider shares, it might be a plan the tech industry needs to consider. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Anthropic's Claude AI engine has emerged as an industry leader. To that end, a recent fundraising round valued the company at $965 billion, and it has targeted a $2 trillion valuation with the IPO, making an increasing number of investors anxious to own a stake in Anthropic stock. This means Anthropic could outdo ***** eX with its IPO.
The original plan was to follow a standard 180-day lockup period. Under this plan, founders, employees, and venture capitalists cannot trade for a set number of days. Laws do not require such a limitation, but it has become a standard provision in such contracts.
#shares #plan #lockup #flashing
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Yorkville Ives' Partner and Senior Managing Director, Dan Ives, expects Apple Inc.'s new CEO John Ternus to usher in mergers and acquisitions, the crucial "missing piece" for the tech giant to compete in the accelerating artificial intelligence arms race.
While former CEO Tim Cook is widely regarded as a "Mount Rushmore Hall of Fame CEO," Ives argued that Apple's previous strategy may have caused the company to miss out on certain growth opportunities over the last decade. With Ternus at the helm, investors can expect a distinct strategic shift.
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#director
Yorkville Ives' Partner and Senior Managing Director, Dan Ives, expects Apple Inc.'s new CEO John Ternus to usher in mergers and acquisitions, the crucial "missing piece" for the tech giant to compete in the accelerating artificial intelligence arms race.
While former CEO Tim Cook is widely regarded as a "Mount Rushmore Hall of Fame CEO," Ives argued that Apple's previous strategy may have caused the company to miss out on certain growth opportunities over the last decade. With Ternus at the helm, investors can expect a distinct strategic shift.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#director
2 months ago
Featured image courtesy of the Invest in Women Taskforce
Female-focused VC funds are piling up this year as women-founded startups pull in more capital.
On Sep. 1, Berlin-based investor Auxxo closed its second Female Catalyst Fund at €33.3 million (around $38.7 million) to back pre-seed and seed female-founded startups. The vehicle, which is one of the largest direct funds dedicated to female founders in Europe, follows several fund launches and closes in the ****** e this year.
In May, Arāya Sie Fund, a joint venture between London-based VC Arāya Ventures and accelerator Sie Ventures, secured £7.5 million (around $10 million) in its first close. Around a month earlier, the Women Backing Women fund, a fund-of-funds managed by Bootstrap4F and created by the UK's Invest in Women Taskforce, raised £130 million in its first close.
In April, Copenhagen-based Unconventional Ventures announced the second close of its Fund II, which targets diverse founders, including women.
#women #million
Female-focused VC funds are piling up this year as women-founded startups pull in more capital.
On Sep. 1, Berlin-based investor Auxxo closed its second Female Catalyst Fund at €33.3 million (around $38.7 million) to back pre-seed and seed female-founded startups. The vehicle, which is one of the largest direct funds dedicated to female founders in Europe, follows several fund launches and closes in the ****** e this year.
In May, Arāya Sie Fund, a joint venture between London-based VC Arāya Ventures and accelerator Sie Ventures, secured £7.5 million (around $10 million) in its first close. Around a month earlier, the Women Backing Women fund, a fund-of-funds managed by Bootstrap4F and created by the UK's Invest in Women Taskforce, raised £130 million in its first close.
In April, Copenhagen-based Unconventional Ventures announced the second close of its Fund II, which targets diverse founders, including women.
#women #million
2 months ago
Entrepreneur Media LLC and Yahoo Finance LLC may earn commission or revenue on some products and services through the links below.
Audit your current network to see if your business requires the structured skill-building of a peer advisory network or the infrastructure of an incubator.
Join a specialized incubator to share high-end equipment, saving your early-stage capital from heavy upfront machinery costs.
Launch a niche podcast or targeted online articles to build a dedicated digital community centered around a personal passion.
Founders face countless challenges. But one recent survey published by Wilbur Labs showed that loneliness may top them all — at least in terms of its near-universal presence among leaders.
#incubator #entrepreneur #finance #join
Audit your current network to see if your business requires the structured skill-building of a peer advisory network or the infrastructure of an incubator.
Join a specialized incubator to share high-end equipment, saving your early-stage capital from heavy upfront machinery costs.
Launch a niche podcast or targeted online articles to build a dedicated digital community centered around a personal passion.
Founders face countless challenges. But one recent survey published by Wilbur Labs showed that loneliness may top them all — at least in terms of its near-universal presence among leaders.
#incubator #entrepreneur #finance #join
2 months ago
Peter Thiel is a billionaire investor who co-founded PayPal and Palantir. He was the first outside investor in Facebook, and he runs Founders Fund, the venture firm that put the first institutional money into ******* eX.
Thiel Macro LLC, the fund run by the PayPal and Palantir co-founder, recently filed its second-quarter 13F. The filing shows the fund bought 308,617 shares of American Electric Power Company, Inc. (NASDAQ:AEP) and 839,319 shares of FirstEnergy Corp. (NYSE:FE) in the second quarter. The AEP stake was worth $42.22 million at the end of the quarter, and the FirstEnergy stake was worth $39.90 million.
In this article, we will focus on AEP.
For decades, American Electric Power was just a major utility company providing electricity to American households, with no prospects of explosive growth. But the AI boom changed everything. Training and running large models need enormous amounts of round-the-clock electricity, and hyperscalers are racing to build data centers wherever they can get power. Demand is now coming to AEP faster than it can serve it. Why? Because it runs a major transmission network in the US across 11 states. The company now has 69 gigawatts of contracted load additions through 2030, up 6 gigawatts in the second quarter alone. Around 90% of that is data centers. Texas customers alone have put up nearly $2 billion in cash and collateral. If a customer walks away, termination fees and minimum demand clauses protect the shareholder.
AEP locks customers in with letters of agreement, electric service agreements and large-load tariffs that require minimum demand after ramp, plus collateral and termination fees.
#power #company #thiel
Thiel Macro LLC, the fund run by the PayPal and Palantir co-founder, recently filed its second-quarter 13F. The filing shows the fund bought 308,617 shares of American Electric Power Company, Inc. (NASDAQ:AEP) and 839,319 shares of FirstEnergy Corp. (NYSE:FE) in the second quarter. The AEP stake was worth $42.22 million at the end of the quarter, and the FirstEnergy stake was worth $39.90 million.
In this article, we will focus on AEP.
For decades, American Electric Power was just a major utility company providing electricity to American households, with no prospects of explosive growth. But the AI boom changed everything. Training and running large models need enormous amounts of round-the-clock electricity, and hyperscalers are racing to build data centers wherever they can get power. Demand is now coming to AEP faster than it can serve it. Why? Because it runs a major transmission network in the US across 11 states. The company now has 69 gigawatts of contracted load additions through 2030, up 6 gigawatts in the second quarter alone. Around 90% of that is data centers. Texas customers alone have put up nearly $2 billion in cash and collateral. If a customer walks away, termination fees and minimum demand clauses protect the shareholder.
AEP locks customers in with letters of agreement, electric service agreements and large-load tariffs that require minimum demand after ramp, plus collateral and termination fees.
#power #company #thiel
2 months ago
Good Good Golf CEO Matt Kendrick and president Joe Flannery have left the brand in the wake of their advertisement with Callaway that generated massive backlash in recent weeks.
Kendrick and Flannery left the company this week, according to multiple reports. An internal memo, via The Athletic, stated that early investor and co-founder Nahid Giga is planning to step in as the company's interim CEO. Both Kendrick and Flannery, according to the memo, left the company of their own accord.
Their departures are just the latest after the Good Good Golf-Callaway advertisement that was released last month. The company released an ad that showed one of its co-founders, Garrett Clark, shoving a female employee to the ground as she attempted to touch the driver in his golf bag.
The ad was removed the next day, and both Good Good and Callaway have since apologized. Callaway eventually ended its partnership with Good Good, and announced that it would donate $1 million to charities aimed at preventing domestic violence. Callaway director of content and production Alex Upegui is leaving the company.
The PGA Tour has since split with Good Good, too, and the Good Good Championship this fall will have another ******* le sponsor.
#company #golf #memo
Kendrick and Flannery left the company this week, according to multiple reports. An internal memo, via The Athletic, stated that early investor and co-founder Nahid Giga is planning to step in as the company's interim CEO. Both Kendrick and Flannery, according to the memo, left the company of their own accord.
Their departures are just the latest after the Good Good Golf-Callaway advertisement that was released last month. The company released an ad that showed one of its co-founders, Garrett Clark, shoving a female employee to the ground as she attempted to touch the driver in his golf bag.
The ad was removed the next day, and both Good Good and Callaway have since apologized. Callaway eventually ended its partnership with Good Good, and announced that it would donate $1 million to charities aimed at preventing domestic violence. Callaway director of content and production Alex Upegui is leaving the company.
The PGA Tour has since split with Good Good, too, and the Good Good Championship this fall will have another ******* le sponsor.
#company #golf #memo
2 months ago
The top pro pitching prospect in the Futures Collegiate Baseball League of New England has been revealed, and he hails from Connecticut.
Wallingford native Shaun Flannery Jr., a 2026 graduate of Choate Rosemary Hall, was selected for the award, according to a Tuesday morning release from the FCBL. Flannery, who is enrolled at UConn and will play baseball there, was the closer for the Norwich Sea Unicorns.
Flannery finished the game in a league-leading 15 of his 17 appearances, ranked second in saves (five) and wound up with a 3-2 record and 3.00 ERA. The 6-foot-2, 195-pound right-hander recorded 22 strikeouts in 21 innings during the regular season, then threw 4 ⅔ innings and yielded a single hit, picking up the win in his lone postseason appearance.
Flannery is the fourth UConn pitcher to get the top FCBL prospect honor, joining Ben Casparius and Reggie Crawford (both 2020), and Garret Garbinski (2025).
It's the second big award for Flannery in recent months. He was also the Founders League Player of the Year as a senior at Choate, where he was 3-0 with 36 strikeouts in 26 innings on the mound and batted .429 with 24 hits, a .549 on-base percentage and a 1.210 slugging percentage.
#choate
Wallingford native Shaun Flannery Jr., a 2026 graduate of Choate Rosemary Hall, was selected for the award, according to a Tuesday morning release from the FCBL. Flannery, who is enrolled at UConn and will play baseball there, was the closer for the Norwich Sea Unicorns.
Flannery finished the game in a league-leading 15 of his 17 appearances, ranked second in saves (five) and wound up with a 3-2 record and 3.00 ERA. The 6-foot-2, 195-pound right-hander recorded 22 strikeouts in 21 innings during the regular season, then threw 4 ⅔ innings and yielded a single hit, picking up the win in his lone postseason appearance.
Flannery is the fourth UConn pitcher to get the top FCBL prospect honor, joining Ben Casparius and Reggie Crawford (both 2020), and Garret Garbinski (2025).
It's the second big award for Flannery in recent months. He was also the Founders League Player of the Year as a senior at Choate, where he was 3-0 with 36 strikeouts in 26 innings on the mound and batted .429 with 24 hits, a .549 on-base percentage and a 1.210 slugging percentage.
#choate
2 months ago
Silicon Valley billionaire Douglas Leone challenged himself to the ultimate test of pain by purposely undergoing a root canal without Novocain.
The Sequoia Capital chairman, 69, opened up about the experience during an interview with podcaster David Senra over the weekend, where he went into detail about the difficult dental work.
Leone shared that he had to get the dental work done before heading to a meeting and ordered his dentist to skip the anesthetic.
"My whole life I wanted to see if I was a [expletive] or not," the exec said on Senra's Founders podcast. "In other words, I'm a fake [expletive] that has this envelope ****** ody could tell, or am I really a [expletive] on the inside?"
"Drill without any Novocain," Leone recalled telling the dentist, who said the venture capitalist was "out of [his] mind" for passing on the pain medication.
#leone #expletive #silicon
The Sequoia Capital chairman, 69, opened up about the experience during an interview with podcaster David Senra over the weekend, where he went into detail about the difficult dental work.
Leone shared that he had to get the dental work done before heading to a meeting and ordered his dentist to skip the anesthetic.
"My whole life I wanted to see if I was a [expletive] or not," the exec said on Senra's Founders podcast. "In other words, I'm a fake [expletive] that has this envelope ****** ody could tell, or am I really a [expletive] on the inside?"
"Drill without any Novocain," Leone recalled telling the dentist, who said the venture capitalist was "out of [his] mind" for passing on the pain medication.
#leone #expletive #silicon
2 months ago
Kim Kardashian made a sizable donation to charity over the weekend.
The Kardashians star, 45, attended This Is About Humanity's 8th Annual Soiree on Saturday, August 29, in Hollywood — and sources told Just Jared that she offered up a $50,000 contribution.
The mother of four is friends with one of the organization's founders, Henry Winkler's daughter Zoe Winkler Reinis, so Kardashian posed with Reinis and Winkler at the event to show her support.
Founded in 2018 by Reinis, Elsa Marie Collins and Yolanda Selene Walther-Meade, This Is About Humanity describes itself as "a community dedicated to raising awareness about separated and reunified families and children at the U.S.-Mexico border."
KCS Presse / MEGA
#reinis #annual #soiree #saturday
The Kardashians star, 45, attended This Is About Humanity's 8th Annual Soiree on Saturday, August 29, in Hollywood — and sources told Just Jared that she offered up a $50,000 contribution.
The mother of four is friends with one of the organization's founders, Henry Winkler's daughter Zoe Winkler Reinis, so Kardashian posed with Reinis and Winkler at the event to show her support.
Founded in 2018 by Reinis, Elsa Marie Collins and Yolanda Selene Walther-Meade, This Is About Humanity describes itself as "a community dedicated to raising awareness about separated and reunified families and children at the U.S.-Mexico border."
KCS Presse / MEGA
#reinis #annual #soiree #saturday
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Space Exploration Technologies Corp. CEO Elon Musk says the company will provide discounted access to its Starlink satellite internet services to residents living close to the upcoming Starbase launch site in Louisiana.
In a post on X on Thursday, the official Starlink handle said that residents of Vermillion Parish would be eligible for discounted prices on the Residential plan. "We are applying a 50% discount to Starlink Residential service plans," Starlink said, according to the official its official website linked in the post.
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#residential #residents #exploration
Space Exploration Technologies Corp. CEO Elon Musk says the company will provide discounted access to its Starlink satellite internet services to residents living close to the upcoming Starbase launch site in Louisiana.
In a post on X on Thursday, the official Starlink handle said that residents of Vermillion Parish would be eligible for discounted prices on the Residential plan. "We are applying a 50% discount to Starlink Residential service plans," Starlink said, according to the official its official website linked in the post.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#residential #residents #exploration
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Elon Musk backed Coinbase Global Inc. CEO Brian Armstrong's criticism of traditional philanthropy after the crypto executive argued that charitable foundations can drift from their founders' intentions and become "captured by ideology."
"He's right," Musk wrote Thursday on X in response to a video of Armstrong discussing how wealthy people should approach giving.
He's right
— Elon Musk ( @elonmusk ) August 27, 2026
#right #finance #Coinbase #global
Elon Musk backed Coinbase Global Inc. CEO Brian Armstrong's criticism of traditional philanthropy after the crypto executive argued that charitable foundations can drift from their founders' intentions and become "captured by ideology."
"He's right," Musk wrote Thursday on X in response to a video of Armstrong discussing how wealthy people should approach giving.
He's right
— Elon Musk ( @elonmusk ) August 27, 2026
#right #finance #Coinbase #global
2 months ago
Bayern Munich's connection to Red&Gold Football, as co-founders alongside Los Angelese FC, has seen the club expand its' youth movement. Players from Red&Gold Football partner clubs train and trial in Munich, with Bara Sapoko Ndiaye one of many to trial and the first to succeed in earning a move to Bayern, while acquired players move between these clubs, such as when Armindo Sieb left for LAFC.
One of the benefits most apparent to the average fan Bayern enjoyed was the ability to loan players out to Grasshopper Zürich. The Swiss Super League team was never part Red&Gold Football, but LAFC were majority stakeholders at the club and that connection allowed Bayern to send loan players to Switzerland to get their feet wet in professional football. Grayson Dettoni, Nestory Irankunda, Jonathan Asp Jensen and Lovro Zvonarek all had stints in Zürich.
But that will no longer happen. As of the end of June 2026, LAFC sold their majority stake in Grasshopper Zürich. As reported by Tzmuenchen (and captured by iMiaSanMia) this ends their status as potential loan destination for Bayern talents:
Bayern's Red&Gold Football partner LAFC sold their majority stake in Grasshopper Club Zürich at the end of June, therefore the Swiss club is no longer a partner club and no longer a potential loan destination for Bayern youth talents. LAFC will focus exclusively on the existing partnership with Austrian second division club FC Wacker Innsbruck, and are also exploring the European market for a potential investment in a new club. FC Bayern could then potentially benefit from such an investment.
This is good and bad. No club should have to accept loan players if it is in another club's best interest. These are the worst aspects of such multi-club groups. Unfortunately, Grasshopper Zürich landed right in the hands of another multi-club ownership group, Bridge Football Group.
#club #Football
One of the benefits most apparent to the average fan Bayern enjoyed was the ability to loan players out to Grasshopper Zürich. The Swiss Super League team was never part Red&Gold Football, but LAFC were majority stakeholders at the club and that connection allowed Bayern to send loan players to Switzerland to get their feet wet in professional football. Grayson Dettoni, Nestory Irankunda, Jonathan Asp Jensen and Lovro Zvonarek all had stints in Zürich.
But that will no longer happen. As of the end of June 2026, LAFC sold their majority stake in Grasshopper Zürich. As reported by Tzmuenchen (and captured by iMiaSanMia) this ends their status as potential loan destination for Bayern talents:
Bayern's Red&Gold Football partner LAFC sold their majority stake in Grasshopper Club Zürich at the end of June, therefore the Swiss club is no longer a partner club and no longer a potential loan destination for Bayern youth talents. LAFC will focus exclusively on the existing partnership with Austrian second division club FC Wacker Innsbruck, and are also exploring the European market for a potential investment in a new club. FC Bayern could then potentially benefit from such an investment.
This is good and bad. No club should have to accept loan players if it is in another club's best interest. These are the worst aspects of such multi-club groups. Unfortunately, Grasshopper Zürich landed right in the hands of another multi-club ownership group, Bridge Football Group.
#club #Football
2 months ago
One of the most enduring principles of liberty is owning property. "America's Founders understood clearly that private property is the foundation not only of prosperity but of freedom itself," Roger Pilon, founder of the Cato Institute's Center for Constitutional Studies, wrote in 2017.
And yet all too often, bureaucrats put unnecessary rules and regulations on how we can use our property. One couple is fighting with their town over the right to just let people go for a walk on their land.*
Charles Copley met his wife, Elizabeth, at Oxford University, while they were each pursuing a Ph.D. After living a few years in his native South Africa, they moved with their children to Connecticut to be closer to Elizabeth's family.
Wanting to make the area their permanent home, they purchased two plots of rural land in Roxbury totaling 50 acres in 2022. They hoped not only to live on the land but to really make it their own: farming, planting, and otherwise tailoring the property to their family while protecting and preserving its natural beauty.
They hired a forester to draw up a 10-year forest management plan, which the town approved, and then began removing invasive species and cutting miles of walking trails throughout all 50 acres.
#founders
And yet all too often, bureaucrats put unnecessary rules and regulations on how we can use our property. One couple is fighting with their town over the right to just let people go for a walk on their land.*
Charles Copley met his wife, Elizabeth, at Oxford University, while they were each pursuing a Ph.D. After living a few years in his native South Africa, they moved with their children to Connecticut to be closer to Elizabeth's family.
Wanting to make the area their permanent home, they purchased two plots of rural land in Roxbury totaling 50 acres in 2022. They hoped not only to live on the land but to really make it their own: farming, planting, and otherwise tailoring the property to their family while protecting and preserving its natural beauty.
They hired a forester to draw up a 10-year forest management plan, which the town approved, and then began removing invasive species and cutting miles of walking trails throughout all 50 acres.
#founders
2 months ago
The institution the Office of the Comptroller of the Currency (OCC) conditionally approved on Aug. 14 cannot take deposits and cannot make a loan. It has no employees, no capital, and no opening date. If it fails to raise $20 million within 12 months, or fails to open within 18 months, the approval expires on its own terms. None of that is the interesting part.
The interesting part is the document, Corporate Decision #1385 , filed under OCC control number 2026-Charter-344521, grants preliminary conditional approval to World Liberty Trust Company, National ******* ociation, of Bay Harbor Islands, Florida, a limited-purpose national trust bank connected to World Liberty Financial, the crypto venture whose co-founders include Eric Trump, Donald Trump Jr., and Barron Trump. And before it grants anything, the letter sets out, in the regulator's own words, every objection that was filed against it.
Walmart Stock Is More Expensive Than Nvidia Amid Earnings Miss
SpaceX Stock Just Crashed Below Its IPO Price: Here's the Bull Case ******* ody Can Ignore
A Major Bitcoin Short Squeeze Is Taking MicroStrategy Stock Higher. What Comes Next.
#trust #fails #months
The interesting part is the document, Corporate Decision #1385 , filed under OCC control number 2026-Charter-344521, grants preliminary conditional approval to World Liberty Trust Company, National ******* ociation, of Bay Harbor Islands, Florida, a limited-purpose national trust bank connected to World Liberty Financial, the crypto venture whose co-founders include Eric Trump, Donald Trump Jr., and Barron Trump. And before it grants anything, the letter sets out, in the regulator's own words, every objection that was filed against it.
Walmart Stock Is More Expensive Than Nvidia Amid Earnings Miss
SpaceX Stock Just Crashed Below Its IPO Price: Here's the Bull Case ******* ody Can Ignore
A Major Bitcoin Short Squeeze Is Taking MicroStrategy Stock Higher. What Comes Next.
#trust #fails #months
