 | From the Editor's Desk
You're doing to much and it's hurting your business. Here's how to refocus - StartUp Mindset I think most of us that create a business have a dream of being the next big thing. Our service or product reaches out across the world to every demographic. When bringing your business goals together, you have to consider what your marketing will look like and how you’ll appeal to everyone. This is much […]Continued here
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WorkOverlooked No More: James Sakoda, Whose Wartime Internment Inspired a Social Science Tool Sakoda’s agent-based modeling innovations are being rediscovered thanks to the research of Rainer Hegselmann, a philosopher and social scientist at the Frankfurt School of Finance and Management in Germany. In a 2017 article in the Journal of Artificial Societies and Social Simulation, Hegselmann speculated that the timing of Sakoda’s retirement, in 1981, before the personal computer became ubiquitous, may have led to the erasure of his achievement.
WorkOpinion | Here’s How Wall Street Is Preparing for a U.S. Debt Default  The U.S. labor market is softening, but there’s little evidence that unemployment will rise a lot this year, Preston Mui, a senior economist at Employ America, a research and advocacy organization that supports full employment, wrote in a report on Friday. One sign of continued strength, he wrote, is that the Black unemployment rate was just 1.6 percentage points higher than the white unemployment rate in April. That’s the lowest in Bureau of Labor Statistics records going back to 1972. The gap tends to narrow when demand for labor is strong. “At this point, the Fed’s projections for 4.5 percent unemployment by the end of this year look implausible,” Mui wrote. “Getting there would require an extremely rapid increase in the unemployment rate.” | � |  | WorkWork | � | | WorkAntimetal is putting AI to work to root out cloud cost inefficiencies  “Diversity is particularly important, especially at this early stage because it builds a foundation and sets the tone going forward. And so it’s something we’ve been keeping in mind, in particular, trying to reach out to a lot of different forums to hire people from all walks of life, all types of backgrounds,” he said. Work
WorkWorkPulitzer Prizes: 2023 Winners List  The opera, about enslaved people brought to North America from Muslim countries, “respectfully represents African as well as African American traditions, expanding the language of the operatic form while conveying the humanity of those condemned to bondage.” | � | | WorkRepublicans and Democrats deadlocked as US debt ceiling deadline nears - as it happened  Good morning, US politics blog readers. This week looks to be a crucial one for the long-running negotiations between Republicans and Democrats over increasing the debt ceiling, as a potential default on 1 June grows ever nearer. But things aren't exactly looking good at the moment. Joe Biden and his Democratic allies continue to refuse to negotiate over an increase, saying the legal limit on how much debt the US government can accrue should be raised without preconditions. The GOP, meanwhile, wants the White House to agree to cut spending and implement conservative reforms to areas like permitting. The top leaders in Congress are meeting with Biden tomorrow in hopes of making some progress on the deadlock. Work | � | | WorkOne week left: Apply to TC Disrupt Startup Battlefield 200  A shot at $100,000: TechCrunch editors will select 20 startups from the SB 200 to be Startup Battlefield finalists. Founders from those 20 companies will receive private pitch coaching, be featured in an article on TechCrunch and pitch live onstage in front of the entire Disrupt audience. The ultimate winner takes home the $100,000 equity-free prize. Work17 Things Americans Say That Non-Americans Hate  By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. | � | | WorkBud Light Sales Hurt by Transgender Backlash  This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Work | � | | WorkWhy Warren Buffett Prefers Cash to Stocks Right Now  This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. WorkStock ownership in America is still less common than it was in the dot-com bubble  Americans who own stock also tend to be older. People ages 50 to 64 own the most stocks, at 67%, along with a significant 62% of people ages 30 to 49. Before the age of 30, a majority of Americans do not own stocks; the survey found that only 41% of Americans ages 18 to 29 were stock investors. The number of Americans owning stocks starts to dwindle again after age 65, with 59% of those Americans owning stocks. | � | | WorkWorkHow to find the right investors for your startup  You’ve probably figured out that the name of the round doesn’t directly correlate with the amount of money raised. That said, with a clear ask and a tight operating plan, you can probably get a decent idea of how much you should raise. That’s another data point you need to be clear about before you’re ready to raise money. WorkLucid earnings: EV-maker reports revenue, profit miss; targets 10,000 units produced this year  Looking ahead, a big question that will likely be addressed on the earnings call is the future of the company’s ownership structure and its status as a public entity. Lucid’s stock shot up in January on speculation Saudi Arabia’s Public Investment Fund (PIF) would buy out the remainder of the company it doesn’t own and take it private. PIF’s stake in Lucid sits at approximately 65%. WorkRonald Steel, Critic of American Cold War Policies, Dies at 92  “I lived in New York and Paris and London, and in a dozen other places across the globe that for a time I called home,” Mr. Steel told World Authors. “All those places shaped me in one way or another. But somewhere along the way I also stopped trying to escape from the small town. Confinement, I’ve come to think, lies more in the head than in the place.” WorkWorkWestern sanctions against Russia: Tips for tech companies managing compliance risk  U.S. officials are deeply concerned over the ongoing diversion to Russia of items restricted under sanctions, and have made it a policy focus. This concern is reflected in the March 2023 advisory noted above, in which the U.S. Department of Justice, the U.S. Department of the Treasury, and the U.S. Department of Commerce jointly warned industry of the risk of third-party intermediaries seeking to procure items on Russia’s behalf, identifying certain red flags to note. WorkmHub opens much bigger facility to kick Chicago startups into high gear  “We bring cohorts together around a theme partner with industry,” said Allen. “We give each of the teams $75,000 cash and $25,000 of engineering credits that they just have to use to advance their product. Then we hyper-resource them for a six-month program, and then keep them having access to the whole labs and resources for two years beyond that.” WorkPalantir Tops Estimates. It's Making a Huge AI Push.  This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. WorkMayfield raised just shy of $1B to avoid unicorn hype  “History has shown that when public markets are at their peak, venture funds are the worst performing,” Chaddha said. “When public markets come low, and when you invest over those years — the period we’re in right now — those are the golden years. It’s time to lean forward.” WorkOptery using its new funding to evolve from data broker opt-outs to personal info platform  To move toward that future platform, Optery just raised $2.7 million in new seed funding, raising its total investment to $6 million. “This is giving us the power to build out the team and this data management platform,” Gentilello said. The round was led by Bayhouse Capital, with participation from Global Founders Capital, Goodwater Capital, Pioneer Fund, Soma Capital, TRAC, Y Combinator and others. WorkThe Debt Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare  Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now. WorkFive days left to buy early-bird passes to Disrupt  The Startup Battlefield 200 returns for its second year, and we can’t wait to see which stand-out startups join the curated cohort this year. Think your startup can make the cut? If you want a shot at the many exclusive SB 200 benefits, you’d better hurry and apply here right now — the application deadline is May 15 at 11:59 p.m. PDT. WorkWorkChile: major blow to president as far right triumphs in key constitution vote  In crisis-stricken Argentina, the far-right libertarian Javier Milei looks set to play a prominent role in October’s presidential election. Earlier this year, Milei and Bolsonaro vowed to fight together to prevent Latin America becoming “the Soviet Union” and for their supposedly shared values of “God, homeland, family and freedom”. |
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