Plus: The OpenAI-Microsoft relationship just got a lot more complicated, Ackman is finally going public today, and an electric air taxi just flew from JFK to Manhattan.
Plus: Thoma Bravo's $5B equity wipeout, Google Cloud launching a $750M fund for consultants, and Wall Street is selling sophisticated quant trading to the masses.
Plus: SpaceX strikes $60 billion deal for the right to buy coding startup Cursor, Netflix is buying studio lots at distressed prices, and the Fed's next chair is already drawing lines.
Plus: A PE billionaire nearing $3.9 billion baseball team deal, bagel chains going national, and Nvidia still in the business of making overnight billionaires.
Plus: Amazon takes aim at Starlink, Goldman creating a bitcoin ETF, and bank execs are telling everyone to stay calm about $100 billion in private credit exposure.
Plus: Goldman’s record quarter, Thoma Bravo exits growth equity, Chicago’s "cheap big city" reputation is failing, and how much protein you actually need.