'Every Lawyer's Worst Nightmare': Inside Sam Bankman-Fried's Confounding Latest Move

Forbes writer Derek Saul joins "Forbes Talks" to discuss Sam Bankman-Fried's Substack newsletter, not guilty plea, and the continuing drama around the fallen FTX mogul.


#forbes #businessnews #news #anaylsis #business #bankmanfried #newsletter #market #crypto

Theresia Gouw launched Acrew Capital, an early stage venture capital firm focusing on software and security technology, in late 2019. In 2014 she cofounded venture capital firm Aspect Ventures with Jennifer Fonstad; in 2019 the two women parted ways.

Gouw earned her stripes in the VC world at Accel, where she spent 15 years and was the firm's first female partner. Successful investments she led while at Accel included bets on real estate site Trulia and cybersecurity firm Imperva. Melinda Gates has been a backer of both Aspect Ventures and Acrew Capital.

She is vice chair of education nonprofit DonorsChoose and a board member at ONE, a nonprofit focused on ending poverty.

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Best Of Forbes 2022: Innovation, Science And Technology | Forbes

A look back at the top Forbes videos covering science, technology and innovation this year.

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Mark Penn, Chairman and CEO of Stagwell Inc., explains how TikTok can survive government scrutiny and whether politicians will actually try to ban it.

#forbes #tiktok #business #news

This Entrepreneur Is Scrubbing CO2 From The Atmosphere By Giving Rocks "Superpowers" | Forbes

Here’s a cool idea: Use hot rocks to fight global warming. Heirloom superheats limestone to extract its CO2 and stores the gas far underground. The treated mineral then acts like a wrung-out sponge, reabsorbing greenhouse gases from the air. “We give rocks superpowers to scrub CO2 out of our atmosphere,” says Noah McQueen, who earned a Ph.D. in chemical engineering from the University of Pennsylvania. McQueen and cofounder Shashank Samala have raised a $53 million round and signed carbon offset deals with tech giants Microsoft, Stripe and Shopify.

#forbes #superpowers #carbon #rocks #CO2

Michael Le Built A $1.2 Million Brand Making TikToks With His Siblings | Forbes

Michael Le has gained an impressive following by dancing and making highly stylized videos with his 15-year-old sister and 5- and 7-year-old brothers. He was also a pioneer of the “collab house” trend as a cofounder of the Los Angeles-based Shluv House, where he lived with four other creators to live and create videos together. He's since opted for own residence. Le has partnered with companies like Prada, Hugo Boss, Disney and Ray-Ban to promote products. This year, Le cofounded a new Web3 esports company, Joystick, which lends NFTs to players for a small fee and in-game rewards, allowing players to keep 100% of their earned revenue. Le and his cofounder, Robin DeFay, have raised an $8 million seed round and are in the process of raising $110 million in Series A funding.

#forbes #tiktok #news #michaelle

Matt Durot joins "Forbes Newsroom" to discuss how Elon Musk will change Twitter since its acquisition.

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What Makes Little Red Door In Paris Have The World's Best Cocktail Menu? | Forbes

What sets Little Red Door apart from other bars is it's unique menu. All of the cocktails use ingredients sourced from local farms, so the ingredients are one of a kind. Little Red Door in Paris, France won World's Best Cocktail Menu at the Tales of the Cocktail Foundation's 2022 Spirited Awards. Bar Manager Alex Francis represented the bar in New Orleans this year.

#forbes #news #cocktails #paris #bars #spiritedawards

Why TikTok Fame Is Incredibly Complicated For Dixie D'Amelio | Forbes

Since joining TikTok, D'Amelio has amassed 57 million followers and earning $10 million in 2021. She’s leveraged her TikTok fame to launch a pop music career, reality show on Hulu and Snap and a family VC firm 444 Capital.

#forbes #forbesnews #dixiedemelio #tiktok #influencers

How Elon Musk Became The Richest Person In America In 2022 | Forbes

Elon Musk couldn’t help but gloat. Last September, the day Musk overtook Amazon’s Jeff Bezos to become the richest person in the world, Forbes reached out to the man behind Tesla and SpaceX for his thoughts.

“I’m sending a giant statue of the digit ‘2’ to Jeffrey B.,” Musk wrote in a short email, “along with a silver medal.”

The swap at the top came 24 days after last year’s Forbes 400 ranking of the wealthiest Americans was finalized on September 3, 2021 and now, one wild year later, Musk can finally claim his gold: He is No. 1 on The Forbes 400 for the first time this year, with an estimated net worth of $251 billion–$60.5 billion more than he had on last year’s ranking and $100 billion richer than Bezos. That’s also a record for No. 1 on The Forbes 400.

The Forbes 400 is our annual ranking of the richest Americans. Our estimates are a snapshot of each member’s wealth as of September 2, 2022. For a detailed methodology and an explanation of our philanthropy score and self-made score, please see forbes.com/forbes-400. Daily updated net worth's are available at forbes.com/real-time-billionaires.