Hedge funds pumped more than $200 million into a family of crypto funds last quarter even though performance tanked

Grayscale, which has 10 digital-currency-linked products, launched a marketing campaign in May to urge investors to swap gold for crypto exposure.

October 16, 2019   |   View Online »

Hedge funds pumped more than $200 million into a family of crypto funds last quarter even though performance tanked Bradley Saacks | Grayscale, which has 10 digital-currency-linked products, launched a marketing campaign in May to urge investors to swap gold for crypto exposure. Read More »

A recent BlackRock job posting hints at how it's looking to innovate around its crown jewel Aladdin tech platform — and shows it wants to be more than an asset manager Dan DeFrancesco | Aladdin was opened up for use by wealth managers such as UBS, Morgan Stanley, and HSBC, over the past two years. Read More »

Goldman Sachs quietly unloaded some of its WeWork shares while its investment bankers were pitching the company a $60 billion-plus IPO Dakin Campbell | Goldman was reducing its own WeWork exposure even as its investment bankers were touting their services to the company. Read More »

Elite law firm Irell & Manella — where partners make more than $3 million a year — is seeing turbulence and departures after merger talks with a rival firm fell apart Casey Sullivan | Irell's swashbuckling leader, Morgan Chu, is considered one of the most prolific trial lawyers. Its clients include United Talent Agency, Warner Brothers, and Uber. Read More »

Here's the pitch deck that Y Combinator-alum and coffee-ordering app Cloosiv used to nab $1 million to take on Starbucks and Dunkin' Shannen Balogh,Dakin Campbell | Cloosiv works with small shops that want their own ordering apps. Big chains like Starbucks and Dunkin' already have mobile ordering. Read More »

This year's 3 winners of the economics Nobel Prize revolutionized how we think about poverty. Here's an intro to their most essential research. Richard Feloni | Newly appointed Nobel laureates Abhijit Banerjee, Esther Duflo, and Michael Kremer have changed the way we study and fight extreme poverty. Read More »

Disney just shook up its $2 billion ad business as it prepares to battle Apple, Netflix, and Amazon for streaming audiences Patrick Coffee | Disney Plus launches next month, and a knowledgeable source said Disney would spend about $375 million to promote the streaming service. Read More »

Inside the 'awkward,' 'tense,' and 'heated' private meeting between Elon Musk and Texans whom SpaceX is trying to buy out to fully realize its vision to reach Mars Dave Mosher | A man who lives in Boca Chica, Texas, said he told Musk SpaceX's buyout offer was "unconscionable" to people who hoped to retire in the secluded area. Read More »

An Instagram influencer with 166,000 followers breaks down how much money she earns from a sponsored post Amanda Perelli | Katy Bellotte, a social-media influencer, said she earns the bulk of her money promoting products to her followers on Instagram and YouTube. Read More »

The top 10 slides from Netflix's groundbreaking first culture deck that experts say had the most impact Ashley Rodriguez | Netflix's culture deck, released in 2009, sparked debate over policies like unlimited vacation and the company's obsession with high performance. Read More »

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