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I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.

Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...

Jan 14Business InsidereconomicsImpact

Bumble's chief product officer is out. Read CEO Whitney Wolfe Herd's memo about the 'need to sharpen our focus'

Bumble is restructuring to centralize its product, engineering, and design under one leader. As a result, chief product officer Michael Affronti has left the company after holding the role for a year....

2dBusiness InsiderTechnologyImpact

Davos 2026: Europeans address forum ahead of Trump visit

European leaders are taking center stage at the World Economic Forum in Davos, a day ahead of US President Donald Trump's visit. His threat of tariffs over Greenland is set to loom over the summit's a...

4dDeutsche WellePoliticsImpact

Advice from 6 quant executives on succeeding in systematic trading — and in life

Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...

4dBusiness InsidereconomicsImpact

How ICE chaos and a boycott plan are turning Minnesota retailers into community spaces

Community donations at Smitten Kitten (left and right), and BabyBel Mozzarella the cat (middle), are supporting Minnesotans. Mikayla Stanek (Smitten Kitten); Vanessa Beardsley (Catzen) January is typi...

1dBusiness InsidersocietyImpact

The world's 10 richest people in 2016 had a combined net worth of under $600 billion — less than Elon Musk is worth today

Alphabet cofounders Sergey Brin (left) and Larry Page (middle), and Amazon founder Jeff Bezos. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The world's richest people have seen their...

Jan 16Business InsidereconomicsImpact

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

Jan 13Business InsiderPoliticsImpact

OpenAI is making more than $1 billion a month from something that has nothing to do with ChatGPT

Sam Altman says OpenAI's API business pulled in more than $1 billion in annual recurring revenue in the past month. Kyle Grillot/Bloomberg—Getty Images/Reuters OpenAI has made more than $1 billi...

1dBusiness InsiderTechnologyImpact

Google cofounder Larry Page reportedly bought multiple Florida properties ahead of proposed California billionaire tax

Google cofounder Larry Page reportedly purchased property in South Florida. EMMANUEL DUNAND/AFP/GettyImages Google cofounder Larry Page bought property in Florida amid California's proposed billionair...

Jan 16Business Insidereconomics

David Ellison shakes up Paramount's data and insights team as his tech vision comes into focus

David Ellison's Paramount Skydance is putting data and insights front and center. Patrick T. Fallon/AFP via Getty Images David Ellison is making data a key pillar of Paramount Skydance. Paramount is b...

1dBusiness InsiderTechnologyImpact

From potential Treasury Secretary to a $5 billion lawsuit: Trump and Jamie Dimon's on-again, off-again relationship

A composite image of Jamie Dimon (left) and Donald Trump (right). Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images JPMorgan CEO Jamie Dimon and Donald Trump hav...

1dBusiness InsiderPoliticsImpact

Ask Gavin Newsom: The future of capitalism is on the agenda at Davos

California Gov. Gavin Newsom says he will attend Davos to counter President Donald Trump. Justin Sullivan/Getty Images Business Insider is thinking a lot about the future of capitalism. So, it seems, ...

5dBusiness InsiderPoliticsImpact

WeatherTech founder might be the newest US consumer protection official

President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...

Jan 13The VergePoliticsImpact

She was a first-generation college grad. Now, she has $55,000 in student loans and is postponing having kids.

Eryn Bostwick, 37, is delaying having kids because of her student loan debt. Courtesy of Eryn Bostwick Eryn Bostwick, 37, is postponing having kids due to her student-loan debt. As a first-generation ...

4dBusiness InsidersocietyImpact

BlackRock is now $14 trillion after a record-breaking year. The firm has an ambitious fundraising plan for 2026.

BlackRock CEO Larry Fink has gone all in on private markets Ben Whitley/PA Images via Getty Images BlackRock hit $14 trillion in assets after bringing in close to $700 billion in net inflows in 2025. ...

Jan 15Business Insidereconomics

Business leaders react to Trump's Davos speech

US President Donald Trump delivers a speech during the World Economic Forum annual meeting in Davos Fabrice COFFRINI / AFP via Getty Images President Donald Trump gave his 70-minute-long speech in Dav...

2dBusiness InsiderPoliticsImpact

Donald Trump to address World Economic Forum in Davos

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloa...

2dSouth China Morning PostPoliticsImpact

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...

2dBusiness InsiderPoliticsImpact

How Semafor turned Washington into a profit center

Semafor CEO Justin Smith says his company hosted close to 100 events in 2025. His ambition is to build a Washington, DC-based event that's supposed to rivals the annual Davos gathering in Switzerland....

Jan 16Business InsiderPoliticsImpact

Wall Streeters reveal their favorite AI tools and what they use them for

ANGELA WEISS / AFP via Getty Images Wall Street professionals say AI chatbots are not ready to replace core finance work. Finance leaders use AI for tasks such as summarizing books and presentations a...

1dBusiness InsiderTechnologyImpact
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