Chicago Bears quarterback Caleb Williams is launching his own private equity and advisory firm, 888 Midas, while leading his team to a potential NFC top seed. The firm, founded with seasoned investors, is building a portfolio focused on sports, health, and technology. This move signals a new, early-
Tired of poor quality and missed deadlines, three supplement founders started their own factory. What began as a solution for their own company in 2019 has turned into a full-service contract manufacturing powerhouse.
Carvana is making a shocking comeback, with shares rocketing to $450 after trading near $4 in 2022. Its inclusion in the S&P 500 caps a stunning turnaround, but insiders are cashing out big time. The used car retailer now faces questions about its valuation and long-term debt.
Paramount’s attempt to acquire Warner Bros. Discovery backfired spectacularly. Instead, it triggered a bidding war that ended with Netflix snagging the prize assets for $72 billion, leaving Paramount empty-handed and Netflix even more dominant.
The market’s reaction to Meta’s Reality Labs budget news misses the point entirely. The real financial sinkhole isn’t the consumer-facing Quest or Horizon Worlds—it’s the long-term, multi-billion-dollar gamble on AR glasses and foundational technology.
The trio behind Raylu, an AI startup for private-market investors, just raised $8 million. They say their friendship is their secret weapon, sealed with a pact to share a beer if the venture fails.
SES and Intelsat were awarded the 2025 SpaceNews Icon Award for Deal of the Year. The merger, finalized this summer, combines their fleets to create a multi-orbit broadband giant aimed at competing with SpaceX’s Starlink.
A survey from The Entrepreneurs Network finds nearly 60% of founders disagree that journalists do a good job covering entrepreneurship. They’re calling for a broader, more realistic national conversation that goes beyond tech unicorns.
Milan’s Bending Spoons continues its acquisition spree, agreeing to buy the publicly-listed Eventbrite and take it private. The all-cash deal, expected to close in H1 2026, values the event platform at a significant premium.
A new report highlights a troubling brain drain in reverse. Chinese scientists and students, long a backbone of US innovation, are increasingly choosing to leave or never come, driven by political hostility and China’s own investment.
