My weekend morning
the train WFH reads:
• Can Silicon Valley Save Abortion? New femtech startups are pushing boundaries as investors weigh the risks and potential rewards (Institutional Investor)
• These companies ran an experiment: pay workers their full salary to work fewer days: Less work hours for the same salary? 73 companies conducted an experiment. These include financial firms, recruiters, consultancies, healthcare firms and even a fish and chip shop in the UK.Although research data has yet to be released, anecdotal feedback from these firms appears to be positive. 86% said they would likely continue the four-day work week policy. (NPR) see more Don’t be misled by no-nonsense reports of major tech layoffs: Big Tech is not as big an employer as you might think (TKer)
• Sears limps into what could be its final holiday season: With only a few stores left on the block and most of its real estate, the once-dominant retailer has a grim outlook. (Business Week)
• Bubbles aren’t just for the stock market: What was historic was that we saw three giant bubbles collapse within hours of each other. The crypto bubble had its biggest appearance with the collapse of Sam Bankman-Fried’s FTX empire, Elon Musk losing his halo, and the election results seeming to have taken the wind out of Donald Trump’s political career. (Ian’s Blog: Nominal Returns)
• How America’s Top Real Estate Agent Sells 16 Homes Every Day A typical agent in the US closes 10 homes a year. A record-setting agent in Texas does better than almost every day. (hostel)
• Forever and Always: Could the Taylor Swift Ticket Apocalypse Change Ticketmaster’s Takeover of the Music Industry? The ticket giant’s prices and fees have become a sore point for fans and entertainers. (grid)
• The Russian Empire must die: A better future requires the defeat of Putin and an end to imperialist ambitions. (Atlantic)
• The beautiful, brutal world of bonsai: An American undergoes a difficult apprenticeship to a Japanese master (The New Yorker)
• What time is running for leap seconds? To the world’s timekeepers, the leap second is a clue, a bane, a pain in the little hand. Now they are proposing to ditch it. Will our days be the same? (New York Times)
• What is this mountain biking’s greatest uphill achievement? Braydon Bringhurst vs. The Beast: This former pole vaulter is the rare athlete who can blend explosive power with precision and control. But he needs more than that to ride his bike on this incredibly technical downhill rail. (cycling)
Check out our Masters in Business interview this weekend with Marcus Shaw, CEO of AltFinance, which seeks to diversify alternative asset management. The firm was co-founded by Apollo, Ares and Oaktree with $90 million in seed funding for the initiative to hire students at historically black colleges and universities.
The carbon problem: plotting emissions, as COP27 enters its final week
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