Johannes Lenhard Contributor One of the VC partners in a well-established London firm told me straight out: Venture capital is money [laughs], it is a risky asset class, perhaps the wildest asset class […] and it has the biggest possible returns. I have detailed elsewhere how I think caring more beyond the immediate-return mentality often
Secretary of State Mike Pompeo on Wednesday lashed out at Democrats investigating him, particularly Sen. Bob Menendez, as he defended his recommendation to President Donald Trump to fire the State Department’s internal watchdog. Pompeo also told reporters at a press briefing that he had previously submitted written responses to questions sent by State Department Inspector
Exclusive Roddy Ricch really is ballin’ now … along with his crew cause he hooked ’em up with some diamond-studded championship rings to celebrate his first-ever Grammy win. The 21-year-old Compton MC will soon get his hands on these incredibly-baller rings produced by none other than Hollywood’s favorite celebrity jeweler, Elliot Eliantte. We’re told Roddy
Focus On SportGetty Images When ESPN premiered The Last Dance in April, the 10-part series on Michael Jordan’s final season with the Chicago Bulls hit the ratings jackpot, becoming the most-watched documentary on the network. Its final two episodes aired Sunday. Nearly two decades have passed since Jordan’s retirement from the NBA, yet he’s as
Tensions between the U.S. and China will likely get worse ahead of the American presidential election this November, experts told CNBC on Thursday. The world’s two largest economies have been embroiled in a long-drawn trade war and are now in a tussle over issues surrounding the coronavirus pandemic. U.S. President Donald Trump has blamed Beijing for a
It turns out that the Cleveland Indians are particularly big fans of Nicolas Cage, as the professional baseball team has been secretly inserting the Hollywood actor’s face into dozens of their official lineup graphics… and not one person seemed to notice. This week on Twitter, the Major League Baseball team tweeted that they discreetly hid
It’s a good thing that Motherland: Fort Salem got unofficially renewed for a second season. Otherwise, Motherland: Fort Salem Season 1 Episode 10 would have been the mother of all cliffhangers, as nearly no storyline got resolved. About the only storyline that got somewhat tied up was that General Alder is generally one of the good guys.
Raffle organizer Peri Cochin delivers a speech as the name of the winner of the painting “Nature Morte, 1921” by Spanish painter Pablo Picasso appears on the screen during the charity raffle official draw to designate the winner of the Picasso oil painting for 100 euros at Christie’s auction house in Paris, May 20, 2020.
Electric Lit is committed to publishing—and paying writers—through the pandemic without any layoffs or pay cuts. Please consider supporting us during this difficult time. Donate here. . Genevieve Hudson has already made a name for themself with their short fiction, which appears in McSweeney’s, Catapult, Joyland, and No Tokens, to name a few, as well as
by Regina Avalos, May 20, 2020 (Photo by: Jake Giles Netter/E! Entertainment) Very Cavallari is coming to an end. The star of the series, Kristin Cavallari, has decided to end the reality series after three seasons, per Deadline. She posted about her decision on her Instagram. E!confirmed the show ending. Cavallari said the following about
It may be time to explore contrarian plays. Wells Fargo Securities’ Christopher Harvey is telling investors the best opportunities are in the hardest hit parts of the stock market. He believes the potential rewards outweigh the risks. “Start adding cyclicality. Start adding value. Start adding risk,” the firm’s head of equity strategy told CNBC’s “Trading
Tenedora de Cines, owner of exhibition giant Cinepolis, has acquired 2.8 million shares, or 2.4%, of U.S exhibitor Cinemark, according to an SEC filing Wednesday. Another 17 individuals who are executives and part of the company’s founding family have acquired various smaller positions that total 6.1%. An SEC filing is required in cases where passive
Facebook COO Sheryl Sandberg on Wednesday said the company is giving $20 million to small businesses owned by women, minorities and veterans in the U.S. “We know when crises hit the most vulnerable get hit the hardest,” Sandberg told CNBC’s Jim Cramer on “Mad Money.” The $20 million is coming from Facebook’s $100 million small
WASHINGTON — Virgin Orbit announced May 20 it will make the first flight of its LauncherOne air-launched vehicle as soon as May 24, but is setting modest expectations about the probability of success. The company said in a statement that it current plans to perform its inaugural LauncherOne mission May 24, with “Cosmic Girl,” the
E-book and audiobook subscrition service Scribd has been actively embracing and experimenting with bundling over the past couple years, creating joint offers with The New York Times and with Spotify and Hulu. Today it announced a slightly different take on the idea with Scribd Perks. These perks gives Scribd’s paying subscribers (the service costs $8.99 per
A man wearing a face mask walks past signs for Joe Biden’s 2020 presidential campaign amid the coronavirus outbreak on May 11, 2020 in Alexandria, Virginia. Olivier Douliery | AFP | Getty images A pro-Biden super PAC saw a massive drop in fundraising at the peak of the coronavirus lockdown and as its preferred candidate’s
Guns N’ Roses have rescheduled their upcoming North American tour due to safety concerns surrounding the spread of coronavirus. The tour was set to begin at Milwaukee’s Summerfest on July 4. All tickets will be honored for the to-be-announced future dates. The band has also canceled their European tour, set to kick off today (May
Gigi Hadid did a tutorial with makeup artist Erin Parsons on Maybelline’s Instagram Live this afternoon, with Hadid doing her own makeup while Parsons instructed her. The two spoke about beauty routines, and at one point, Hadid opened up about how her pregnancy has affected her face shape. She also touched on her history with