Hints and tips:
...“We are seeing an inflow of people being laid off trying to sell their shares,” said Greg Martin, managing director of Rainmaker Securities, which facilitates private securities transactions....
...“The emerging commercial infrastructure is giving investors great comfort,” said Greg Mayes, chief executive of Reunion Neuroscience, a Canadian group developing psilocybin treatment for post-partum depression...
...It wasn’t like SVB stayed at $249bn, but it was flying pretty close (total assets were $214.7bn by the end of 2022), and CEO Greg Becker lobbied to have thresholds raised....
...(Customers included the funds of the most proudly “anti-woke” venture capitalists, Peter Thiel and Marc Andreessen.)...
...One scoop to start: Peter Thiel told the FT he had $50mn in Silicon Valley Bank when it went under, even after his venture fund warned portfolio companies that the tech-focused lender was at risk....
...At the same time, some large venture investors, including Peter Thiel’s Founders Fund, advised companies to pull their money from SVB....
...In 2021, PayPal founder and billionaire, Peter Thiel invested heavily in Utah-based Blackrock Neurotech, which aims to help neurologically impaired patients regain lost skills....
...One co-founder is Joe Lonsdale, a venture capitalist and a longtime associate of Peter Thiel’s....
...Greg Abel, the billionaire investor’s anointed successor, won’t be afforded the same luxury....
...In Australia the former prime minister met Greg Brereton, an easy-going “good bloke” who gave Greensill access to billions of dollars of insurance coverage until he was fired last year....
...The cash infusion spells a new lease of life for OpenAI, which was set up four years ago by tech luminaries including Elon Musk and Peter Thiel out of a concern that AI would end up destroying the human...
...“We think the most benefits will go to whoever has the biggest computer,” said Greg Brockman, chairman and chief technology officer of OpenAI....
...The money will be spent “within five years, and possibly much faster”, according to Greg Brockman, OpenAI’s chairman and co-founder....
...On Monday OpenAI, a non-profit independent research organisation backed by the likes of Elon Musk and Peter Thiel, said it would become a for-profit enterprise in an effort to raise “billions of dollars”...
...Latham & Watkins has hired Greg Roussel from Fenwick & West in Silicon Valley. Roussel focuses on tech M&A. Michael E Greenberg has joined the board of drug company Allergan....
...“The amount of evidence you have to give for a trafficking case is very high, compared with asylum cases,” says his case worker Greg Leonard, who works for the charity Hestia....
...(CNN) Campaign commentary Trump the arsonist (Greg Sargent, WaPo) Vogue endorses Clinton (Vogue) Trump’s economic plan doesn’t add up (Greg Ip, WSJ) Political sideshow Stephen Colbert offers Obama...
...(Bloomberg) Peter Thiel, Supreme Court justice?...
...The post was written by OpenAI’s research director, Ilya Sutskever, previously a research scientist at Google, and its chief technology officer Greg Brockman, formerly chief technology officer at Stripe....
...Greg Clark, Blue Coat chief executive, will take the top job at Symantec, a position that has been vacant since April....
International Edition