Exec Sum
5,889 posts
Exec Sum
@exec_sum
The dankest daily newsletter with 350K+ readers covering all things Wall Street & Silicon Valley // Trade on Polymarket: poly.market/ExecSumX
Joined January 2021
Last night at 3AM, we saw someone bet $15K on Zohran Mamdani being the 2028 Democratic presidential nominee. Apparently they woke up this morning and realized that he is not eligible. They just sold their whole position for a $10K loss.- Trump when asked why he pardoned Binance’s Changpeng Zhao “Okay, are you ready… I don’t know who he is”
- BREAKING: OpenAI has quietly hired over 100 former Wall Street bankers, including alumni from Goldman Sachs, JPMorgan, and Morgan Stanley, to help train its AI on building financial models Codenamed “Project Mercury,” the effort pays contractors $150 an hour to write prompts and
- Canned water company, Liquid Death, just made a savage move 1. They released a tea/lemonade drink named "Armless Palmer" (yes, like Arnold Palmer) 2. Arnold Palmer's estate threatened to sue Liquid Death over the name 3. Liquid Death renamed the drink "Dead Billionaire”
- 🚨 BREAKING: Newly elected French left-wing government has proposed a 90% tax on annual income exceeding €400,000
- BREAKING: All Quiksilver, Billabong, and Volcom stores will close in the US More than 100 locations across the US are shutting down in the coming weeks after their operator, Liberated Brands, filed for bankruptcy
- Elon offered to donate $6 billion of his personal wealth to “solve world hunger” if the @WFP would be transparent around how the money is spent. Seems like an easy ask to solve a massive problem
- BREAKING: $UBER is launching an NYC shuttle service to take people from Manhattan to LaGuardia Airport for $18 The details: - Trips every 30 minutes - Service to and from the airport - Three pick up / drop off locations: Port Authority, Grand Central, and Penn Station
- This text exchange showing how Elon Musk got Larry Ellison to commit $1 billion for the Twitter deal is all time
- FUNDING SECURED for @elonmusk $46.5B in financing committed by Morgan Stanley & Elon Musk broken down as follows: - $500M revolver - $6.5B term loan - $3B secured bridge loan - $3B unsecured bridge loan - $12.5B margin loan - $21B equity commitment from Elon
