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.
How WFH is replacing Summer Fridays, plus how Apple is killing it in finance.
Why Permira pulled the plug on Golden Goose's IPO, plus $NVDA officially most valuable U.S. company.
Reflection Time.
Two of the world’s largest bottled water brands agreed to merge on Monday, plus Nvidia alone accounts for more than a third of the S&P 500’s gains this year.
Martin Shkreli is in hot water for streaming the Wu-Tang album he bought on Spaces, plus Wall Street bankers and lawyers will lose $100M+ after the Paramount merger didn't go through.
How to efficiently get what you need out of reading, multiple books at a time.
Wells Fargo fires almost a dozen bankers for faking work activity, plus $TSLA approves Elon Musk's $56B pay package.
The Fed is dialing back on their rate cut plans for this year. Instead of the three slashes they had hoped for in March, they're now eyeing just one cut. Why? Because inflation is still dragging its feet towards the 2% goal.
Elite Sheet - May 2024
How private equity is helping fund coral reefs, an underserved asset class, and Paramount-Skydance deal falls apart.
Apple will team up with OpenAI to give all of your products - your iPhone, Mac, Mail, and Photos apps - a makeover.
How everybody and their mother starting a podcast pushed the industry into a major bubble, plus Wall Street reads Roaring Kitty the Riot Act.
