Founder
Chris Hwang, cofounder of The Golden Duck, started the snack brand in 2015 with one product — salted egg yolk chips.A decade on, it’s sold in over 3,000 stores and plans to expand into the US this year.From selling off his cars to afford payroll in the pandemic, here’s how…
Billy McFarland founded the infamous Fyre Festival, which stranded attendees in the Bahamas in 2017.In 2018, he pleaded guilty to fraud charges, one of which was connected to the festival.McFarland was released from prison in 2022 and is now planning for Fyre Festival 2.It’s been eight years since the original…
VC firm Slow Ventures has raised $60 million to invest in content creators.The firm will make $1 million to $3 million bets in exchange for a 10% cut in creator businesses.The firm targets creators with niche audiences, superfans, and big ideas about where to innovate.YouTubers are the new Stanford dropouts.Slow…
Convicted Theranos founder Elizabeth Holmes gave her first interview from prison to PEOPLE Magazine.Her life behind bars includes clerking for 31 cents an hour and teaching French, according to the magazine.Holmes was found guilty in 2022 of fraud in connection with her blood-testing startup.Theranos founder Elizabeth Holmes has given her…
Saumya Bhatnagar co-founded AI startup Jeeva, and says her creative background gives her an edge.Female founders face gender-related challenges in the startups and VC community. Jeeva has raised over $20 million, bringing in $5 million in ARR with AI-driven processes.Saumya Bhatnagar didn’t see herself as a technical person growing up.…
Billionaire Ken Griffin, a key GOP donor, spoke Tuesday at a conference hosted by UBS outside Miami.Griffin, the founder of $65 billion hedge fund Citadel, was critical of the new administration’s tariffs.Elon Musk’s DOGE has his full support, though, and he thanked Musk “from the bottom of my heart.”Ken Griffin…
Steve Hsu, cofounder of AI startup SuperFocus, says that DeepSeek is an impressive company. His team is testing how DeepSeek models run with the SuperFocus system and plans to make the shift.Hsu finds that DeepSeek models are cheaper, faster, and more private.This as-told-to essay is based on a conversation with…
Point72 founder and New York Mets owner Steve Cohen spoke at iConnections’ Miami conference Tuesday.Cohen said Chinese company DeepSeek’s recent breakthroughs are good for the AI industry overall.”It advances the move to artificial superintelligence. And that’s coming, it’s coming quick,” he said.Billionaire Steve Cohen isn’t worried that the US has…
Nima Momeni was found guilty of second-degree murder in Cash App founder Bob Lee’s stabbing death.Momeni killed Lee after a dispute about Momeni’s sister, prosecutors argued.Momeni, who was acquitted of first-degree murder, faces 16 years to life in prison, the DA said.A San Francisco jury found Nima Momeni guilty of…
By Luc Cohen NEW YORK (Reuters) -Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, said on Tuesday he intends to plead guilty to two counts of fraud. Mashinsky, 59, was indicted on July 13, 2023, on seven counts of fraud, conspiracy and market manipulation charges. Federal…
