Indilens ! Live Daily News on India Insights of India
[ad_1]
Hello!
One of the things we try to do here at Business Insider is to introduce our readers to the individuals shaping their industries. After all, companies don’t do things; it’s the people working there that make things happen. With that in mind, I wanted to highlight stories focused on key players in Silicon Valley, Hollywood, and Wall Street this week.
First off, in Silicon Valley, a special breed of investor known as ‘super angels’ are raising their own venture-capital funds as solo general partners, Melia Russell reports. Yes, the rise of SoftBank’s Vision Fund has helped accelerate a shift towards bigger and bigger VC funds. But as per Melia’s story:
There’s a flurry of activity taking place at the opposite end of the spectrum too: A new generation of tech investors are raising funds on a more modest scale, and they’re doing it outside the confines of the traditional institutional-investing firms.
You can read her story here:
- Inside the rise of ‘super angels,’ a special breed of investor that’s carving out a valuable niche in a landscape dominated by VC giants
And she profiled some of super angels here:
- The 19 ‘super angel’ investors writing lots of checks that every founder should scramble to pitch
While we’re talking about Silicon Valley, I want to highlight this story from Megan Hernbroth on Zume Pizza. As she reports:
The pizza-making robotics startup spent its early days pitching investors and the public on an AI-powered robotic revolution at the hands of its robot fleet.
But the revolution hit a snag, and in January, Zume announced it was permanently shuttering Zume Pizza, the robotics division of the company, and laying off about 360 employees across multiple offices.
You can read the inside story here:
- How a video-game wunderkind raised $446 million for a robot revolution that mesmerized SoftBank but went off the rails: The inside story of Zume Pizza
Over in Hollywood, as Tanya Dua and Ashley Rodriguez report:
The streaming wars have not only led to a flood of new content, they’re also driving a marketing blitz as new and incumbent platforms try to convince people to open their wallets and subscribe.
They profiled the 11 power-player marketing execs who will battle it out in the next phase of the streaming TV wars.
And Ashley identified the 54 most powerful people at Netflix. Here’s our exclusive chart of its top executives and their roles.
And on Wall Street, Alex Morrell worked with a data provider to identify the 20 top mergers and acquisitions bankers of 2019. As he reports, “these coveted rainmakers are among the most highly compensated — and fiercely fought over — bankers on Wall Street.” And the deals they worked on are helping shift entire industries. Here’s his story:
- The Rainmakers: Meet the top 20 bankers that orchestrated the biggest deals of 2019 and nabbed huge paydays along the way
Before I go, I want to highlight the second and third installment of Dave Mosher’s series on Elon Musk’s rocket company SpaceX, which is building a Starship rocket-development site and future Mars spaceport in Boca Chica, a remote beach area at the southern tip of Texas.
- A senior executive at SpaceX is going door-to-door in South Texas to convince people to move out of the rocket company’s planned Mars spaceport
- How a few scrappy homeowners may stand between Elon Musk and his dream of a Mars spaceport in South Texas
That’s it this week. For those of you in the US, enjoy the long weekend!
— Matt
Finance and Investing
Charles Schwab expects branch closures and job cuts when its TD Ameritrade deal goes through. Here’s a look at exactly where the 2 brokerage giants have the most overlap.
The Charles Schwab-TD Ameritrade tie-up is set to shatter records for its size, remake the brokerage and custodian industries, and usher in a wave of branch closures and job cuts.
BANK OF AMERICA: There’s glaring evidence that 2 market bubbles are fast approaching their destruction. Here’s how exactly they will burst.
The Federal Reserve has played an outsized role in simultaneously securing the longest equity bull market and economic expansion in history.
Tech, Media, Telecoms
Google Cloud CEO Thomas Kurian lays out his master plan for taking on Amazon and Microsoft and says deals over $50 million more than doubled in 2019
Google Cloud CEO Thomas Kurian is well aware that he’s in a distant third place in the cloud-computing market behind the dominant powers of Amazon Web Services and Microsoft.
Marketers are panicking over Google’s plan to yank cookies from advertising
Digital advertisers are grappling with a number of changes that threaten their business, but especially Google’s recent decision to remove third-party cookies from its Chrome browser in the next two years.
A top State Farm exec reveals why it’s bringing back the iconic tagline ‘like a good neighbor,’ and advertising heavily on NBCUniversal’s upcoming streaming service
For 45 years, State Farm pitched itself as the “good neighbor” who stands by you when things go wrong — before retiring it in 2016 under its former agency-of-record DDB.
Healthcare, Retail, Transportation
Venture-backed health insurers are all competing for customers in the red-hot Medicare Advantage market. Here’s our first look at how Oscar, Devoted, and Bright stack up.
2020 is shaping up to be a pivotal year for health insurance startups trying to gain footholds in a red-hot market.
Wayfair is laying off more than 500 workers
Wayfair confirmed on Thursday that it was laying off 3% of its global workforce, or more than 500 employees.
Some truckers are slamming Amazon for an unusual driver support strategy as the megaretailer morphs into a trucking company
An Amazon truck driver was on the road to drop off a shipment when he noticed something amiss in the route — it forced him through a subdivision. There were no trucks allowed on those streets.
Leadership and Entrepreneurship
Read Tesla’s aggressive employee handbook, which tells workers they can contact Elon Musk himself if they need to
Tesla has a reputation for being unconventional. The electric-car maker’s independent streak extends to its employee handbook, which is titled “The Anti-Handbook Handbook.”
10 books to read if you want to quit your job and become your own boss, according to people who did it — and also wrote about it
Despite what pop culture has conveyed, quitting your job is a big decision. Walking out, theatrically telling off your boss, or deciding to leave on a whim generally doesn’t happen. Instead, pivotal career changes can be stewed over for months — or even years.
Join the conversation about this story »
NOW WATCH: Watch Google reveal the new Nest Mini, which is an updated Home Mini
[ad_2]
