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.
Public & Private Markets Month-in-Review.
Plus: Google dropped a 'mind-boggling' quantum chip that impressed Elon, McKinsey promoted its smallest group of partners in years, and Omnicom is buying IPG for $13.3B.
Plus: Meta spends $23M on Zuck's security, Trump will not fire JPow, Starbucks wants to serve your coffee in under 30 seconds, and it's never been more expensive to visit NYC.
Exploring macro and strategic trends in the tech industry.
Plus: Number of American millionaires keeps soaring, SpaceX's valuation is also mooning, jumping $100B in less than a month, and Citi promoted 344 managing directors.
Featuring Reddit's 354% and Astera Labs' 232% post-IPO gains.
Plus: Tech stocks are booming. Bitcoin hit $100k in a 50% post-election rally, and Simon & Schuster employees are upset with the Grinch (KKR) for canceling their Christmas party.
Plus: Private equity pay is slumping, short sellers are throwing in the towel, and Donald Trump Jr. joins PSQ Holdings leading to a 270% rally.
Plus: Bezos backed an Nvidia rival, Trump and Dimon have reportedly been having private conversations, Intel CEO is out, and Enron is back (sort of).
Plus: U.S. theaters smashed records, Elon teased a Hasbro acquisition, Biden pardoned son Hunter, and 5 things to buy before tariffs take effect.
A long-time horizon is a competitive advantage.
Plus: Starbucks’ Red Cup Day came in red hot. Elon's mom on her son's relationship with Trump. Blackrock close to buying HPS for $12B, and Mexico warns tariffs will cost 400k US jobs.
