Proprietary comp report by Overheard on Wall Street.
Harvard's endowment got rekt by private equity and hedge funds, but private equity professionals expect double-digit raises in 2024.
Private equity and venture capital firms from Silicon Valley to Wall Street are pumping millions of dollars into the psychedelic revolution. Investors are betting on the power of mind-bending drugs to transform mental health treatment and cut costs.
Plus: The booming business of drinking yourself to sleep, Meta buys Manus for over $2B, Zuck's 2025 in pictures, Tesla warns on deliveries and PE resorts to selling assets to itself.
Plus: The year ahead in 14 sparks, why smart people make terrible decisions, and how to negotiate a raise.
Plus: Every Wall Street analyst predicting a stock rally in 2026, the barbarians are at Lululemon’s gate, and Sam Altman offers $555K salary for a Head of Preparedness.
Plus: PE firm sitting on a big paper gain on an F1 team, YouTuber exposes Minnesota daycare fraud, Target jumped after activist stake, and family offices taking over Wall Street.
Plus: The boss who gave his employees a $240M gift, Tim Cook bullish on Nike, US banks ripping, Japan deal boom, Chipotle portions, and banker charged with insider trading.
Plus: Palmer Luckey's digital bank valued at over $4 billion, US economy grew 4.3%, and a rare PE win from pandemic era.
Plus: Larry Ellison's Xmas present for David Ellison, Gold and Silver hit record highs, Instacart scraps AI pricing tests, and M&A flurry before the holidays as Google goes AI.
Plus: 2026 outlook, why billionaires wear the same outfit every day, and the power of narratives in the markets.
Plus: Oracle stock jumps on TikTok deal, Musk gets $139B pay restored, and Citadel posts its worst year since 2018.
Plus: Blackstone 2025 holiday video, Lululemon surges on activist pressure, inflation cools, ‘Airbnb for boats’ merging, and PE sparks unexpected fly-fishing boycott.
Plus: Biggest IPO since 2021, Ray Dalio joining Trump baby bonuses, Sweetgreen’s co-founder is out, and Alex Karp buys $120M house.
Plus: Databricks hits $134B as AI money pours in, oil crashes below $55, and JPMorgan lets clients borrow against luxury cars.
