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 it's earnings szn: Meta crushed earnings as Zuckerberg seeks to advise Trump on AI, Tesla and Microsoft disappointed, and OpenAI probes DeepSeek for data misuse.
Is Intermittent Fasting a Health-Hack or Overhyped Diet Trend?
Plus: The industry thatβs most attractive to potential partners (itβs not finance), HSBC exited investment banking, and Goldman bankers got rekt.
Plus: Microsoft is in talks to buy TikTok, Starbucks adds a βpanic buttonβ for angry customers, and why top performers are exempt from return-to-office.
Plus: Starbucks' CEO made $96M for 4 months of work, Meta will spend $60B on AI growth, expect record-high egg prices in 2025, and an Oracle-led deal for TikTok?
That prevent smart people from getting rich.
Plus: Trump signed an executive order promoting crypto, Walmart's paying managers $600k/year, and UnitedHealthcare names a new CEO.
Public & Private Markets Month-in-Review.
Plus: Jamie Dimon called Elon the βEinsteinβ of our time and said they βhugged it out.' The family office jobs paying 200k/year, and the airline accepting Venmo for flights.
A behind-the-scenes glimpse into the person and business behind Overheard on Wall Street.
Plus: Brace yourselves, tariffs are coming Feb 1st, Netflix smashed earnings - stock jumped 14%, Wall Street's changing of the guard is here, and how Goldman is becoming PE.
Plus: Meta drops a CapCut competitor, the sector poised for a 2025 M&A boom, and Kevin O'Leary's secret to saving TikTok.