Author: News Room

The math behind Silicon Valley’s  millionaire factory

New Levels.fyi analyses show how equity grants at frontier tech companies have turned into life-changing sums.A SpaceX Software Engineer II offer from August 2022 included a $155,000 salary and a $365,000 equity grant that vested over five years. At SpaceX’s IPO valuation, that grant is estimated to be worth more…

Can the US Compete With Asian Megafactories Making American Jeans?

The US was once the biggest denim manufacturer in the world. But after decades of competition from cheaper foreign factories, the country that popularized jeans has lost almost every denim mill. We went inside Mount Vernon Mills, one of the oldest factories left in the US, to find out how…