DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinAnonymity is a double-edged sword in Web3
Was Solana was a huge promise that never quite delivered?I just wrote an article about Solana’s outages, hacks and promise of being an Eth-killer. Seems like there are more troubles beneath the blankets. Apparently, 2 brothers, Ian and Dylan Macalinao, faked a dozen different identities and built Saber Protocol to boost the TVL of Solana. Saber was the biggest DeFi App on Solana. TVL is the total value locked and a commonly used indicator on how large and successful a blockchain is. More valu...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinAnonymity is a double-edged sword in Web3
Was Solana was a huge promise that never quite delivered?I just wrote an article about Solana’s outages, hacks and promise of being an Eth-killer. Seems like there are more troubles beneath the blankets. Apparently, 2 brothers, Ian and Dylan Macalinao, faked a dozen different identities and built Saber Protocol to boost the TVL of Solana. Saber was the biggest DeFi App on Solana. TVL is the total value locked and a commonly used indicator on how large and successful a blockchain is. More valu...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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Wha’s up with billionaires and news media?
In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes magazine.
This groundbreaking move not only solidifies Russell’s position as a trailblazing entrepreneur but also signals a significant shift in the media industry.
With his visionary mindset and technological prowess, Russell has proven himself capable of transforming traditional institutions into forward-thinking powerhouses.
“The 28-year-old founder and CEO of Luminar, which develops vision-based lidar and machine perception technologies primarily for self-driving cars, told The Wall Street Journal earlier today that he is buying an 82% stake in Forbes Global Media Holdings in a deal that values the company at nearly $800 million.”
Austin is a Thiel fellow.
These fellows must be drinking a different kind of water and breathing a different kind of air.
They are prodigiously smarter than all their peers and inexplicably more success-driven than anyone else.
Being inducted as a Thiel fellow is a great achievement already.
Going on to build a Unicorn is a whole nother level of awesomeness.
Becoming a self-made billionaire is taking it one whole paradigm further.
Buying a news media as prominent and succulent as Forbes is just out of this world.
It is bold, affirmative and a power move.
Austin’s acquisition of a majority stake in Forbes represents a seismic shift in the media landscape.
Forbes, a renowned publication recognized for its authoritative business coverage, is now poised for a rejuvenation under new leadership.
By harnessing his expertise in technology and innovation, Russell aims to steer Forbes toward a new era of digital transformation and groundbreaking storytelling.
Austin’s ascent to becoming the youngest self-made billionaire in 2021 is a testament to his exceptional entrepreneurial acumen.
As the founder and CEO of Luminar Technologies, a leading autonomous vehicle technology company, Russell revolutionized the field with his breakthrough lidar technology.
Luminar was once valued at $3.4B.
Under Austin’s guidance, Forbes could be primed to become an innovator in the media industry.
His forward-thinking mindset aligns perfectly with Forbes’ commitment to delivering insightful and influential content.
By integrating technological advancements, such as augmented reality and data-driven journalism, Forbes can enhance its readers’ experience and maintain its position as a trailblazer in business journalism.
He joins a really elite club of billionaires who owns a news media.
Elon Musk has Twitter.
Jack Dorsey has Bluesky
Jeff Bezos has the Washington Post.
Laurene Powell Jobs has the Atlantic and Axios.
Marc Benioff owns Time Magazine.
There is something about being ridiculously wealthy and buying a news media.
Perhaps it’s a status thing?
Or it scratches an itch?
Or perhaps when everyone else in your small billionaire club has one, you tend to want one too?
It could be that owning a news media proffers you the ability to control the narrative and manipulate the public to some extent.
It is a powerful tool that any billionaire with power, influence and authority would want.
After all, what do all men with power want?
More power.
-
Would you want to own a news media?
-
#AustinRussell #ForbesAcquisition #MediaRevolution #DigitalTransformation #Entrepreneurship #Innovation #FutureofMedia #TechDisruption #JournalismEvolved #BusinessNews #NewFrontiers #EmbraceTheRevolution #billionaires
Wha’s up with billionaires and news media?
In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes magazine.
This groundbreaking move not only solidifies Russell’s position as a trailblazing entrepreneur but also signals a significant shift in the media industry.
With his visionary mindset and technological prowess, Russell has proven himself capable of transforming traditional institutions into forward-thinking powerhouses.
“The 28-year-old founder and CEO of Luminar, which develops vision-based lidar and machine perception technologies primarily for self-driving cars, told The Wall Street Journal earlier today that he is buying an 82% stake in Forbes Global Media Holdings in a deal that values the company at nearly $800 million.”
Austin is a Thiel fellow.
These fellows must be drinking a different kind of water and breathing a different kind of air.
They are prodigiously smarter than all their peers and inexplicably more success-driven than anyone else.
Being inducted as a Thiel fellow is a great achievement already.
Going on to build a Unicorn is a whole nother level of awesomeness.
Becoming a self-made billionaire is taking it one whole paradigm further.
Buying a news media as prominent and succulent as Forbes is just out of this world.
It is bold, affirmative and a power move.
Austin’s acquisition of a majority stake in Forbes represents a seismic shift in the media landscape.
Forbes, a renowned publication recognized for its authoritative business coverage, is now poised for a rejuvenation under new leadership.
By harnessing his expertise in technology and innovation, Russell aims to steer Forbes toward a new era of digital transformation and groundbreaking storytelling.
Austin’s ascent to becoming the youngest self-made billionaire in 2021 is a testament to his exceptional entrepreneurial acumen.
As the founder and CEO of Luminar Technologies, a leading autonomous vehicle technology company, Russell revolutionized the field with his breakthrough lidar technology.
Luminar was once valued at $3.4B.
Under Austin’s guidance, Forbes could be primed to become an innovator in the media industry.
His forward-thinking mindset aligns perfectly with Forbes’ commitment to delivering insightful and influential content.
By integrating technological advancements, such as augmented reality and data-driven journalism, Forbes can enhance its readers’ experience and maintain its position as a trailblazer in business journalism.
He joins a really elite club of billionaires who owns a news media.
Elon Musk has Twitter.
Jack Dorsey has Bluesky
Jeff Bezos has the Washington Post.
Laurene Powell Jobs has the Atlantic and Axios.
Marc Benioff owns Time Magazine.
There is something about being ridiculously wealthy and buying a news media.
Perhaps it’s a status thing?
Or it scratches an itch?
Or perhaps when everyone else in your small billionaire club has one, you tend to want one too?
It could be that owning a news media proffers you the ability to control the narrative and manipulate the public to some extent.
It is a powerful tool that any billionaire with power, influence and authority would want.
After all, what do all men with power want?
More power.
-
Would you want to own a news media?
-
#AustinRussell #ForbesAcquisition #MediaRevolution #DigitalTransformation #Entrepreneurship #Innovation #FutureofMedia #TechDisruption #JournalismEvolved #BusinessNews #NewFrontiers #EmbraceTheRevolution #billionaires
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