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☆ 3 traits this billionaire looks for when hiring people: They work for 'a very top level job' or 'an entry level job'
▼ + stars: | 2024-10-04 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

These could be for "a very top-level job," he says, and they could be for "an entry level job." 1 most important quality Chaudhry looks for is passion, he says. When it comes to hiring, Chaudhry looks for this by taking note of people's excitement. "In today's world, everything is changing rapidly," says Chaudhry, adding that "the way you work, how you work, where you work — all that is changing." To ensure a candidate has this quality, Chaudhry might give them an exercise during the interview process.

Persons: Jay Chaudhry, He's, sussing, Chaudhry, They're

☆ Dating in Silicon Valley is hard. I want to be married and have kids, but Big Tech is holding me back.
▼ + stars: | 2024-07-10 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

I work at a FAANG tech company and have been an employee and manager at three other Big Tech firms over the last 10 years. Working in Big Tech has taken a major toll on my dating and personal life. Now that I'm more interested in dating, I'm finding it very difficult. Related storiesReturning to the office meant my dating life was suddenly limited to one geographical area, and my previous dating plans went kaput. Is your Big Tech job affecting your dating life?

Persons: —, I, I'd, I've, I'm, haven't, Lauryn Haas Organizations: Service, Big Tech, Business, Amazon, lhaas@businessinsider.com Locations: Silicon Valley, East, New York, West Coast, Boston, Bay

☆ The rise of 'zombie' VCs puts startups that took funding from them in a difficult spot
▼ + stars: | 2024-03-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

What's on deckAdvertisementBut first, zombie, zombie, zombie-ie-ie-ie. AdvertisementThat's why zombie VCs pose such a problem for the industry. Sussing out the prudent investor from the penniless one takes time and effort, two things startups can't necessarily afford when times are tough. AdvertisementIs having a zombie VC as an investor the equivalent of a scarlet letter? If a partner jumps ship from a zombie VC, startups they backed will be in a tough spot.

Persons: —, here's, Insider's Ben Bergman, Ben, it's, Alyssa Powell, Morgan Stanley, Goldman Sachs, Ray Dalio isn't, Sundar Pichai, Marissa Mayer, Yahoo's, Cory Doctorow, He's, Smashmallow, they've, Jack Teixeira, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, BI, Bridgewater, Bank of America, Trading, Google, Canadian, Singapore Locations: There's, Silicon Valley, British, Singapore, Israel, New York, London, Chicago

☆ Even Before the Israel-Hamas War, Being Palestinian Was Controversial - The New York Times
▼ + stars: | 2023-10-25 | by ( Hala Alyan | ) www.nytimes.com time to read: +9 min

I’d had the privilege of a youth — adolescence and young adulthood — in countries where being Palestinian was fairly common. The task of the Palestinian, we’ve seen in the past two weeks, is to audition for empathy and compassion. In the past couple of weeks, I’ve watched Palestinian activists, lawyers, professors get baited and interrupted on air, if not silenced altogether. What is the word of a Palestinian against a machinery that investigates itself, that absolves itself of accused crimes? Diasporically or not, being Palestinian is the quintessential disrupter: It messes with a curated, modified tape.

Persons: I’ve, I’d, hadn’t, we’ve, they’ve, dehumanized, You’ve, I’d humanized, Al Jazeera, “ It’s, it’s, infographics, I’m Organizations: NBC Locations: United States, Kuwait, Palestine, Manhattan, Gaza, Philadelphia, Las Vegas, I’m, Palestinian

☆ Junior bankers are 'freaking out' and ditching summer training sessions amid rumblings that private equity recruiting is kicking off ridiculously early
▼ + stars: | 2023-07-21 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +10 min

Panic is setting in at investment banks across Wall Street as junior bankers are thrust into the whirlwind of private equity recruiting. Private equity recruiting is an annual Wall Street ritual, albeit an unwelcome one for some investment banks. Coffee chats vs on-cycleWhich private equity firms are recruiting and when is somewhat murky — for good reason. Private equity firms have also begun hosting events, including an invite-only networking social with KKR Thursday night and online information sessions hosted by Hellman & Friedman Wednesday. "I know it's crazy, but it's in your best interest to decide upfront whether you want to pursue private equity," he said.

Persons: I'm, Evercore, Asif Rahman, Friedman, Apax, Hellman, that's, Matt Ting, It's, Ting, they'll, Reed Alexander Organizations: Oasis, Henkel, Advisors, KKR, Hellman, Industry, headhunters, Permira Locations: Wall, New York

☆ Elon Musk's stress-tests: The Tesla CEO has an approach for picking leaders and sussing out anyone 'bullshitting' him, biographer says
▼ + stars: | 2023-07-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Walter Isaacson said Elon Musk uses multiple tactics when it comes to selecting leaders. He also likes to use skip-level meetings to chat with workers lower on the corporate ladder, Isaacson said. Elon Musk has a special intuition or "neural network" when it comes to picking leaders at his companies, the billionaire's biographer Walter Isaacson said. The biographer said Musk is likely to use skip-level meetings during big projects or ahead of major company events, like a SpaceX Starship test. Musk and spokespeople for SpaceX and Tesla did not respond to a request for comment.

Persons: Walter Isaacson, Elon Musk, Isaacson, Musk, Zilis —, —, Linda Yaccarino, hasn't, it's, CNBC's, he's, Tesla Organizations: Morning, SpaceX, Twitter, Tesla

So how can the estimated 4% to 5% of the population in the US who identify as being polyamorous approach their finances and money management in their relationships? There are many different poly relationship arrangementsAs Waymire explains, there are infinite poly relationship configurations. These are just a few examples of poly relationship configurations. Challenges in the transfer of generational wealthWaymire has seen clients disowned by parents for their polyamorous relationship structures, which can affect transfer of generational wealth. Have money conversations oftenSchedule money check-ins as often as needed.

Persons: —, Jackson Kendall, Michelle Waymire, Kendall, Waymire, aren't, Jackson, Polycules, Chaneé Jackson, Chaneé Jackson Kendall, polycule, it's, we've Organizations: Service, Young, Jackson Locations: Atlanta , Georgia, Jackson

☆ The free lunch is over for Wall Street's programmers
▼ + stars: | 2023-06-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

For as long as I can remember, the safest place on Wall Street for job security was in tech. But according to one Wall Street billionaire, that sentiment won't hold true for much longer. As Insider's Paige Hagy reports, Griffin instead highlighted how programmers need to position themselves to provide the most value to companies in this post-ChatGPT world. In the before times (pre-ChatGPT), no one was really questioning the value programmers were adding. At least that's the take from Wall Street vet Marty Chavez.

Persons: Dan DeFrancesco, Pharrell Williams, we've, BlackRock's, I'm, Wutthichai, Ken Griffin, Griffin, Griffin wasn't, Insider's Paige Hagy, it's, Read, Flo Rida, Drake, Tommaso Boddi, Erica, John Waldron, Kim Kardashian, Marty Chavez, he's, Ray Dalio, Everybody's, Jeffrey Cane, Nathan Rennolds Organizations: Bank of America, Wall Street, BlackRock, Goldman, SKKY Partners, Wall, Bridgewater, LinkedIn Locations: NYC, London, BlackRock, New York

☆ The future of AI in finance might be about accepting what we don't know
▼ + stars: | 2023-06-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Such a suggestion is blasphemy — and potentially illegal — on Wall Street. But as AI tech continues to advance, one Wall Street executive is wondering if there isn't some wiggle room on those types of policies. But what really caught my eye was Friedman's comments around having to fully understand how the AI works. That's a fascinating thought exercise, and one worth having with how quick AI tech seems to be evolving these days. Wall Street is getting fed up with Amazon.

Persons: Dan DeFrancesco, we've, Adena Friedman, shouldn't, Simon Berlyn, Robert Kindler, Morgan Stanley, Paul, Weiss, Garrison, Marc Lasry, Frank, Charlie Javice, Sam Altman, Bernstein, Rod Stewart, We've, Jeffrey Cane, Nathan Rennolds Organizations: PE, Disney, Pixar, . Finance, Nasdaq, Bloomberg Invest, Milwaukee Bucks, JPMorgan, Amazon, Communist Party, LinkedIn Locations: NYC, Point72, Rifkind, Wharton, New York, London

☆ An outsider's take on finding success on Wall Street
▼ + stars: | 2023-05-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

At first glance, Kristofer Baxter doesn't seem like an ideal candidate for offering tips about succeeding on Wall Street. His outside perspective offers a unique look at what it takes to find success on the Street. Too often, people explaining how they found success on Wall Street, or anywhere, amounts to them bragging about how hard they worked. Read more on key lessons from a top engineer at Citadel about finding success. The famous VC firm is going to launch a fund of funds for backing other VCs focused on finding early-stage startups.

☆ Inside the 5-hour psychological interview that can make or break your career at Citadel, Blackstone, and other finance titans
▼ + stars: | 2023-04-10 | by ( Emmalyse Brownstein | Alex Morrell | ) www.businessinsider.com time to read: +16 min

ghSmartThe company's unusual but rigorous approach to screening job candidates has won it the trust of some of the finance industry's most competitive and coveted workplaces, as well as other blue-chip corporations. "That became the kernel for ghSmart," Smart recounted in a podcast interview. That means the ghSmart interview isn't something you can necessarily prepare for in the same way you might, for example, read up on certain stocks or industry trends. The company's team of psychologists spends hours drilling into each candidate's job and life experiences. Unlike some executive-search firms, ghSmart disconnects its fee from whether it fills the role.

☆ After a wild, losing week for stocks, investors brace for more market-moving data
▼ + stars: | 2023-03-11 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

But PPI readings can predict the direction of future consumer price readings. High interest rates hurt because they increase monthly costs, but it's the lack of supply that contributes to elevated list prices. If we can get inflation down while seeing other economic indicators hold up, the likelihood of a soft landing increases. ET: Industrial Production & Capacity Utilization Looking back It was a tough week for stocks, with the Dow falling 4.4% in its worst showing since June. Under the hood, all sectors finished lower for the week, led down by financials and followed by materials and real estate.

Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.

☆ Biden at 80: A ‘respecter of fate’ considers a second White House bid
▼ + stars: | 2022-11-20 | by ( ) www.cnbc.com time to read: +14 min

US President Joe Biden disembarks from Air Force One upon his arrival at the airport of Egypt's Red Sea resort city of Sharm El-Sheikh, to attend the COP27 climate conference, on November 11, 2022. It's soon time for Joe Biden, 80 on Sunday, to decide whether he has one more mountain to climb — the one to a second term as president. Getty: President Joe Biden gives remarks on student debt relief at Delaware State University on October 21, 2022 in Dover, Delaware. "While President Biden may chronologically be 80 years old, biologically he probably isn't," he said. U.S. President Joe Biden smiles during a rally with Democratic nominee for Maryland Governor Wes Moore, U.S.

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