Michael Jackson's Linkedin Analytics

OpenAI is acquiring Jony Ive's io in $6.5B deal. Investors in io included Emerson Collective, Sutter Hill Ventures, Thrive Capital, Maverick Capital, SV Angel, and OpenAI's own fund.

"The largest source of income for the 1% highest earners in the U.S. isn’t being a partner at an investment bank or launching a one-in-a-million tech startup. It is owning a medium-size regional business. Many of them are distinctly boring and extremely lucrative". The more unsexy the business, usually the better. "The number of such business owners worth $10 million or more, adjusted for inflation, has more than doubled since 2001, to 1.6 million as of 2022." https://lnkd.in/gmb6M562