A former Point72 portfolio manager just broke through the industry-wide chill on fund launches by kicking off a $250 million supply chain-focused hedge fund

Walnut Level Capital is former Point72 manager Charlie Antrim's new fund. It recently launched with $250 million in Colorado.

April 24, 2020   |   View Online »

A former Point72 portfolio manager just broke through the industry-wide chill on fund launches by kicking off a $250 million supply chain-focused hedge fund Bradley Saacks | Walnut Level Capital is former Point72 manager Charlie Antrim's new fund. It recently launched with $250 million in Colorado. Read More »

Digital-only banks like Chime are seeing record signups amid the coronavirus pandemic. Here's how they drive revenue without lending or charging overdraft fees. Shannen Balogh | Neobanks rely on interchange fees earned from debit card transactions for revenue. Some are also experimenting with freemium membership models, while others make money on product referrals. Read More »

Female founders get just 1% of VC funding. Now 30 startup investors will hold free office hours while stuck at home during COVID-19 to try and redress the balance. Callum Burroughs | In Europe, 92 out of every $100 went to all-male founding teams in 2019, per, Atomico's State of European Tech report. Read More »

Amazon has stopped shipping products that need 2 workers to carry in Europe and Canada, its latest move to stop the spread of coronavirus in its warehouses Eugene Kim | Amazon warehouses in Canada and Europe are not shipping or receiving bulky products to reduce close contact among its workers amid COVID-19. Read More »

How Microsoft is using AI to make the planet greener — and what other companies can learn from its environmental game plan Allana Akhtar,Richard Feloni | Microsoft has given out 230 grants to fund the use of AI to address climate change, and it levies a "carbon fee" for all businesses it works with. Read More »

The coronavirus pandemic is upending the way patients get their prescriptions. Meet the 8 pharmacy startups that stand to take a bite out of the $335 billion market for prescription drugs. Lydia Ramsey | Pharmacy startups offering delivery stand to disrupt the massive prescription-drug industry amid the coronavirus pandemic. Read More »

Streaming TV viewing is exploding — here's why Hulu and Roku may not be able to cash in Lauren Johnson | It's hard to unwind advertisers' contracts with TV networks and replicate traditional television's scale elsewhere. Read More »

SoftBank-backed Compass is cutting pay and offering equity in exchange — a month after it slashed 15% of staff Alex Nicoll | The cuts wont affect the product and engineering teams, or the employees who help to recruit new agents. Read More »

7 'mini MBAs' offered by top institutions and organizations that'll give you a taste of business school for a fraction of the cost Mary Kearl | A mini MBA is a weeks-long program for those who want to network and advance their understanding of core principles covered in business school. Read More »

Casper, the money-losing mattress retailer, is laying off 21% of its corporate staff amid the economic crunch Melia Russell | Casper said the layoffs would save $10 million a year. Read More »

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