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: Nvidia got rekt (Big Tech & Bitcoin down bad too), Apollo's $35B Meta deal, the first private credit ETF, a rare Paul Singer podcast, and why Elon is sleeping on an office floor.
Plus: MrBeast valued at $5 billion, PE deals are down 53% YoY, Costco is going big, and how YouTube became podcast king.
Plus: Nvidia reports earnings today, Tesla wiped out election gains, Bitcoin fell below $90K, Jamie Dimon is not entirely against WFH, and celeb brands aren't a safe bet anymore.
Plus: Apollo & Blackstone M&A news, Americans raising their own chickens, and Citadel jumping into crypto.
Plus: The Pentagon told employees to ignore Elon’s "What did you do last week?" email, UNH is back in the spotlight, Nvidia earnings this week, and private credit billionaires.
Hang on to something — or ride the wave — because three big tech trends are about to converge.
Plus: Trump's 'goal' to abolish the IRS, 49ers exploring PE investment, McKinsey says RTO won’t make workers more productive, and Amazon takes over 007.
Plus: Microsoft created a new state of matter, X's valuation is back at $44B, Nikola filed for bankruptcy, and who got the biggest pay bump on Wall Street.
Is DeepSeek a scrappy AI disruptor or a rule-breaking opportunist?
Plus: Trump calls Elon the smartest person he's ever met, Bill Ackman wants to make a “modern-day Berkshire Hathaway,” and Howard Lutnick was confirmed.
Plus: Trump’s posts no longer move markets like they used to, JPM fired then rehired an analyst for questioning Dimon’s RTO policy, and 70% of NYC adults are unmarried.
Plus: Javier Milei rug pulls, Elon's baby mama drama, why NYC singles pay $20k/year to live alone, PE struggling to raise money, and JPM runs out of desk space.
