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☆ More Americans are feeling a six-figure salary can't afford them a middle-class lifestyle
  + stars: | 2024-05-06 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're looking at people who feel like a middle-class salary doesn't equal a middle-class lifestyle . The big storyMiddle-class meltdownMichael Raines"Lately, I'm getting the feeling that I came in at the end. AdvertisementBusiness Insider's Jennifer Sor has a report on the people making over six figures who think the middle-class lifestyle they dreamed of isn't realistic for their salary . AdvertisementMarco Bottigelli/Getty, Yevgen Romanenko/Getty, Maskot/Getty, Tyler Le/BILet's address the elephant in the room: A six-figure salary is still a lot of money. Words like "AI Infrastructure" and "generative AI" point to more money heading to Nvidia for its popular H100 GPU chip.
Persons: —, Michael Raines, I'm, It's, Tony Soprano bemoaned, Jennifer Sor, Vincent, it's, Marco Bottigelli, Yevgen Romanenko, Tyler Le, Jenny Chang, Rodriguez, Warren Buffett, Buffett, Shruti Gandhi, Dalton Caldwell, James Cham, Hemant Taneja, Jenny Lefcourt, Nick Little, Sam Altman, Alice Zhang, Serena Williams, Jack Dorsey, Dorsey, — Dorsey, Bluesky, Alyssa Powell, Katie Notopoulos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Pew Research Center, nab, Adobe, Wall, Hamptons, Nvidia, Genomics, Serena Ventures, Fortune, Starbucks Locations: New York, Zillow, Santa Barbara , California, Berkshire, Bluesky, London, Chicago
☆ The great venture-capital resignation is now the great uncertainty for many solo GPs
  + stars: | 2023-02-14 | by ( Melia Russell | ) www.businessinsider.com   time to read: +7 min
But what's gone almost unnoticed in the midst of the tech bloodletting is that consolidation is coming for venture investors, too. "Anyone who wanted to raise a fund could," said Nichole Wischoff, a solo venture capitalist. In essence, the great venture-capital resignation has become the great uncertainty. Family offices and institutions that front money to venture funds are being inundated with pitches, multiple sources said. "There's not going to be a rush by the big mega-platforms to hire them," said the principal at the early-stage venture firm.
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