Proprietary comp report by Overheard on Wall Street.
Harvard's endowment got rekt by private equity and hedge funds, but private equity professionals expect double-digit raises in 2024.
Private equity and venture capital firms from Silicon Valley to Wall Street are pumping millions of dollars into the psychedelic revolution. Investors are betting on the power of mind-bending drugs to transform mental health treatment and cut costs.
Plus: JPMorgan takes over Apple Card, cuts proxy advisers with AI, Discord files for a U.S. IPO, and what happens to Venezuelaβs $60 billion Bitcoin stash?
Plus: PE management fees fall to a record low, Greenland LBO back on the table, Meta halts Ray-Ban Display rollout, and Morgan Stanley jumps into Bitcoin and Solana ETFs.
Plus: Venezuela's Caracas stock exchange jumps ~17%, energy stocks rally, JPMorgan selling access to its "secret sauce," and Tim Walz drops out.
Plus: How to tell a great story, 2026 rates outlook, and most powerful investing strategies.
Plus: The top-performing hedge funds of 2025, the 39-round Goldman Sachs interview, and Metaβs Reels became a $50 billion business.
Plus: OpenAI paying employees more than any tech startup in history, Trump admin blocks state childcare payments after MN fraud, and the worldβs richest added $2.2T in 2025.
Plus: The booming business of drinking yourself to sleep, Meta buys Manus for over $2B, Zuck's 2025 in pictures, Tesla warns on deliveries and PE resorts to selling assets to itself.
Plus: The year ahead in 14 sparks, why smart people make terrible decisions, and how to negotiate a raise.
Plus: Every Wall Street analyst predicting a stock rally in 2026, the barbarians are at Lululemonβs gate, and Sam Altman offers $555K salary for a Head of Preparedness.
Plus: PE firm sitting on a big paper gain on an F1 team, YouTuber exposes Minnesota daycare fraud, Target jumped after activist stake, and family offices taking over Wall Street.
Plus: The boss who gave his employees a $240M gift, Tim Cook bullish on Nike, US banks ripping, Japan deal boom, Chipotle portions, and banker charged with insider trading.
Plus: Palmer Luckey's digital bank valued at over $4 billion, US economy grew 4.3%, and a rare PE win from pandemic era.