Tag: Insider

Business Insider Parent Nears Deal to Buy Controlling Stake in Morning Brew

Business Insider parent Insider Inc. is nearing a deal to acquire a controlling stake in Morning Brew, a news startup known for a popular email newsletter on business and finance, according to people familiar with the situation.

The terms the companies are discussing would value Morning Brew at over $75 million, including certain performance incentives, the people said. The companies haven’t completed a deal, and the talks could still fall apart.

The sale of Morning Brew is a bright spot in a digital-media sector that has faced a number of challenges. The online-ad market was already under pressure before the coronavirus pandemic exacerbated the situation.

Newsletters, including those operated by companies like Morning Brew, theSkimm and traditional media outlets, are viewed as attractive, partly because they can help companies expand the reach of their content and recruit new subscribers. Newsletters often command higher advertising rates than traditional display ads in

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SUCCESS INSIDER: Management consulting, Daymond John, side hustles

dan shapero linkedin headshot

Dan Shapero is LinkedIn’s VP of global sales.

Courtesy of LinkedIn


After a candid conversation with the CEO, Dan Shapero at LinkedIn developed a plan to change jobs within the organization. Here’s the three-pronged strategy the executive recommends for anyone feeling stuck or restless in their career.

How a 25-year-old entrepreneur bootstrapped her free newsletter into a 500,000-subscriber business that made $1.1 million in one month

Daniella Pierson headshot Newsette

The 25-year-old founder of Newsette, Daniella Pierson, started the newsletter as a sophomore in college.

Daniella Pierson


Daniella Pierson started Newsette as a sophomore in college, sending out her first Mailchimp newsletter to 11 subscribers. Six years later, the 25-year-old has grown her free newsletter into a 500,000-subscriber business that made $1.1 million last month.

Read more here.

Meet Katherine Power, the serial entrepreneur who’s running 3 companies with more than $60 million in total funding, including one with Cameron Diaz

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Justin Coit


Katherine

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TikTok VP Blake Chandlee to speak at Business Insider event in October

Business Insider is proud to announce that Blake Chandlee will speak at the inaugural BI Global Trends Festival, a virtual event taking place the week of October 19-23, 2020.

Chandlee is the VP overseeing all of TikTok’s ad partnerships, sales operations, and anything the app does to generate revenue — making him one of the most important people running the company’s US operations today.

The company has been in the spotlight since the Trump administration’s attempts to issue a nationwide ban on the app, which allows users to record short videos synchronized with music. Now, the decision on the ban will be delayed until at least after Election Day 2020.

Chandlee came in at the beginning of 2020 to head up TikTok’s global business solutions, the division working with brands to advertise on the growing platform, Business Insider previously reported. Under Chandlee, TikTok’s ad product offerings have expanded dramatically, to

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Insider Energy: Exxon’s rough week, mega-mergers ahead, jobs outlook

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I’ve been thinking a lot about that fly. 

Speaking of surprise appearances at the VP debate Wednesday, fracking made a show — Mike Pence repeatedly said that Joe Biden and Kamala Harris want to ban the technology. Harris said they wouldn’t. 

Fracking is a super common method of extracting oil and natural gas in the US, which involves some engineering magic like sideways drilling.  

The technology turned America into a fossil-fuel powerhouse, starting around 2009. It also led to a surge in plastics and chemicals.

As I recently learned, pretty much

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Oyo CEO to speak at Business Insider Global Trends Festival

Business Insider is proud to announce that Ritesh Agarwal, founder and CEO of SoftBank-backed hotel chain Oyo, will speak at the inaugural BI Global Trends Festival, a virtual event taking place the week of October 19-23, 2020.

Agarwal, who founded Oyo when he was 18, predicts rapid changes in people’s travel habits resulting from the coronavirus pandemic.

“The hospitality industry will never be the same again, that is absolutely clear,” Agarwal told Reuters. “Small hotels are going to be in vogue. In my view, small is going to be the new big, wherein people will rethink a lot about going back to that 1,000-room hotel versus going to a 40-room niche hotel.”

Oyo allows guests to book rooms on its mobile app. Promising more revenue to hotel owners, the company transforms local hotels into Oyo franchises and takes a cut on every booking.

As a college student, Agarwal won $100,000

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Beyond Meat CMO Stuart Kronauge to speak at Business Insider event

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Business Insider is proud to announce that Stuart Kronauge, CMO of Beyond Meat, will speak at the inaugural BI Global Trends Festival, a virtual event taking place the week of October 19-23, 2020.

Kronauge leads Beyond Meat’s global marketing efforts. Recently there has been increasing market demand for plant-based meat products, mostly led by flexitarians, Business Insider previously reported.

Beyond Meat is one player that’s cashing in on the trend. The company’s earnings have beat Wall Street’s expectations in recent months, with revenue growing 69% year-over-year in Q2.

The company announced in August that it would open an e-commerce site to take its products direct-to-consumer. In September, it said it would roll out new meatless meatballs made from pea protein and brown rice to be sold in grocery stores.

Previously, Kronauge was president of the Sparkling Business Unit for Coca-Cola North America, overseeing a portfolio of brands including Coca-Cola,

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SUCCESS INSIDER: Upwork, jobs at Google, Elon Musk’s management style

The coronavirus pandemic will open more career opportunities for freelance work. Here’s how you can build a successful freelancing career, according to the CEO of Upwork, one of largest job platforms for gig workers.

Read more here.

This week, we have details on Elon Musk’s management style, tips for getting hired at Google, innovators in the childcare industry, how to pitch a startup over Zoom, and more. 

Elon Musk’s management style is a case study in why micromanagers are a big risk for business — and especially talent retention

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Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC.

Win McNamee/Getty Images


Elon Musk’s approach to leadership has made him the third-richest man on earth, with a net worth of $102 billion. But the Tesla CEO has long been criticized for a micromanaging leadership style that creates toxic

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Global Threat Solutions announces elite international Protection Services and Training Programs following Business Insider article on their services

NEW YORK, Oct. 1, 2020 /PRNewswire/ —  Following an article by Business Insider that reported on the elite Training and Protection services offered by the international protection services firm Global Threat Solutions, CEO Kenneth Bombace announces the expansion of services throughout North and South America, Europe, Africa and Asia.  (Business Insider Video – https://www.businessinsider.com/what-it-takes-to-be-a-celebrity-bodyguard-2020-9)

The video story produced by Business Insider details an insider’s view of the elite protection training offered by Global Threat Solutions and the mission of Executive Protection Agents that protect Celebrities, C-Suite Executives, People of High Net Worth, Family Offices and Government Officials.  Global Threat Solutions Protection Agents can operate in diverse environments around the world and bring decades of valuable experience from the military, law enforcement and private sector.  They can operate armed or unarmed and can provide services in short notice around the world.  They receive training in the same

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Insider Q&A: Accenture directs capital to Black start-ups | AP Business News

In an interview with The Associated Press, Ross discussed the inspiration behind the Black Founders Development Program. The conversation has been edited for length and clarity.

Q: You’ve said one of the reasons why Black-owned companies receive so little venture capital is that deals are often based on who you know. Can you elaborate?

A: I use an analogy that I got from one of my mentors, an ex alumni of Accenture. One of the things he told us is that corporate America runs by kindergarten rules. You’re out on the playground and you have two teams, and the teacher picks the leader. Who gets chosen first? The first person chosen is generally your friend … That’s the heart of networking. If you are a Black entrepreneur, and you are not in that ecosystem — whether it’s the companies you’ve worked in, the schools you went to — that level

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Insider Q&A: Accenture directs capital to Black start-ups | National News

NEW YORK (AP) —

Kathryn Ross was one of just two Black women in Accenture’s Miami office when she first joined the global consulting firm nearly 27 years ago. Now a managing partner, Ross was tapped in December to create the inclusion and diversity agenda for Accenture’s venture capital investment arm.

Five months later, the police killing of George Floyd convulsed the country. The coronavirus pandemic was taking a disproportionate toll on Black-owned small businesses, which have been twice as likely to close during the pandemic as businesses overall, according to the Federal Reserve Bank of New York. The economic crisis widened the unemployment gap between Black and white Americans.

It was a galvanizing time for Ross, the mother of two boys aged 11 and 13. Rather than simply setting diversity goals, she resolved to create an initiative to bring venture capital to Black-owned businesses, which only receive about 1%

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