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Business Insider

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Logo of telegram channel businessinsider — Business Insider
Channel address: @businessinsider
Categories: Business
Language: English
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What you want to know about business. Follow us on Facebook, Instagram and YouTube. Visit our homepage for the top stories of the day: https://www.businessinsider.com

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The latest Messages 36

2021-04-22 17:05:03
Startups have raised billions on the promise of disrupting healthcare. To win over investors, they often present their businesses through a slide deck. Here are some that they have used to raise millions:

Early on, startups sell investors on often newly-tested ideas. For instance, 100plus raised $25 million in seed funding from investors including two billionaires and Dr. Oz for its approach to remote patient monitoring.

By Series B, startups are looking for a chance to grow big – Devoted Health raised $300 million at a $1.8 billion valuation in 2018 before it had signed on any customers. 

Late-stage rounds can give startups the fuel to scale, like Aledade landing high valuations that raised $100 million in a round valuing the company at $2.1 billion. These funding rounds, such as Moderna's pitch to investors in 2017, can also come shortly before plans to go public. 

See more of the presentations that hot healthcare and biotech startups used to raise millions from top VCs here.
1.6K views14:05
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2021-04-21 18:47:24
Experts believe comic-book publishing is poised to emerge stronger post-pandemic as new opportunities are presented to a fresh group of entrepreneurs. See how independent comic-book businesses and creators on Kickstarter are leading the way.

Meanwhile, systematic trading has taken over the markets. Insider spoke with two-dozen Wall Street recruiters who specialize in quant and data science professionals to find out more. 

And across the US, families who have lost teens to fentanyl poisoning cite the role of Snapchat, Instagram, and other social media. Read the full story here.

Subscribe to @BusinessInsider here on Telegram for more highlights from our coverage.
2.0K views15:47
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2021-04-20 18:13:02
A year of nonstop work from home has Wall Street's junior workers burned out. Banks and investment firms have responded by giving staff cash and perks – see some of them below

Wells Fargo is offering corporate and investment-banking analysts and associates up to $20,000 in special bonuses. 

Bank of America will raise salaries for associates and vice presidents in its US investment-banking division by $25,000, and analysts by $10,000, two sources familiar with the new measures told Insider. 

Credit Suisse told some junior to midlevel workers in its global capital-markets and advisory group to expect to receive salary raises and bonuses in the coming months. 

Goldman Sachs CEO David Solomon promised to protect junior bankers' Saturdays off after a survey detailing "inhumane" conditions went viral. 

Read more on the perks being announced for junior talent on Wall Street here.
688 views15:13
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2021-04-19 18:34:04
NASA's Ingenuity helicopter flew on Mars for the first time today, making spaceflight history as it lifted itself 10 feet high.

The space drone snapped a photo of its shadow on the Martian surface below as it hovered. Take a look at NASA/JPL-Caltech’s photo in this message, and click here for more on how it was captured.

It was a historic flight, as it means space helicopters could one day explore other planets or scout terrain for Mars astronauts. Watch how NASA’s control room reacted to the flight here.

For more highlights from our team at Insider, subscribe to @Insider and @BusinessInsider here on Telegram.
1.6K views15:34
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2021-04-18 17:43:36 Hello. In case you missed it:

GlaxoSmithKline stumbled with COVID-19 shots. Now it's facing an exodus of US talent and an uncertain future as the world's vaccine leader. Read more.

We identified the 142 most powerful people at Google Cloud as it races to beat Amazon and Microsoft. Here's our exclusive org chart.

America's best work-from-home expert is bracing for turmoil. Read more.

For more stories like this, subscribe to Insider.
2.3K views14:43
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2021-04-16 17:17:01 A coalition of global business figures, led by Virgin Group founder Richard Branson, is calling for capital punishment to be permanently abolished around the world.

Some Lululemon retail employees say there is an environment of 'toxic positivity,' where workers feel pressure to share personal information with managers and constant feedback can feel like bullying. Read the full story here.

Proximity to Mar-a-Lago, and distance from Covid lockdowns and Blue State hostility, brought conservatives to the Miami area. But will they stay? Take a look here.

For more of the day’s leading business stories, subscribe to @BusinessInsider here on Telegram.
1.6K views14:17
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2021-04-15 16:58:47
Facebook is being investigated in the UK, Ford has a self-driving car, and a Mars lander is fighting for its life: here are 10 things in tech you need to know today.

Coinbase CEO Brian Armstrong has a stake worth $13 billion after the company's IPO.

Ford revealed BlueCruise, its hands-free driving tech to rival Tesla Autopilot.

Facebook is under investigation in the EU for its massive data leak, and is being threatened with a fine of up to 4% of its $86 billion global revenue.

NASA's $800 million Mars lander is fighting for its life.

After 13 months of chaos, the tech world’s HR officers are leaving startups — and companies can't replace them. Inside our exclusive report.

For daily updates like this on what’s happening in the tech scene, sign up here to have this newsletter sent straight to your email inbox.
1.4K views13:58
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2021-04-14 13:44:13
Following the US recommending a pause in Johnson and Johnson's COVID-19 vaccine, here are some of your questions answered:

Is the shot still safe? A small number of people given J&J's or AstraZeneca's shot developed serious blood clots, though regulators haven't concluded that J&J's shot is responsible. Still, experts emphasize that the shot's benefits probably outweigh the risk of these rare side effects.

What is the detected clot? Six women developed the rare CVST clot, which builds in the brain's sinus channels and occurs in five out of one million people each year. If you got the shot two to three weeks ago, experts say you're in the clear. But here's more on the clot and symptoms of clotting.

What about the Pfizer and Moderna shots? Experts say there's no reason to suspect that these rare clots would be links to the US's other authorized shots. After 185 million doses, there have been no red flags.

For more vaccine news, subscribe to @BusinessInsider and @Insider on Telegram.
2.3K views10:44
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2021-04-13 14:42:14 The US is recommending an immediate pause in the rollout of Johnson & Johnson's single-dose COVID-19 vaccine, citing concerns of blood clots forming in people who had received the shot.

Grab, the $40 billion dollar food-delivery giant, is going public in the US via the largest-ever SPAC merger.

Meanwhile, MyPillow CEO Mike Lindell says Costco has pulled his products. It's the second-largest retailer to cut ties with him. Read more here.

For more stories across healthcare, business and tech, subscribe to @BusinessInsider here on Telegram.
2.4K views11:42
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2021-04-12 17:13:08
Rumors are flying that Subway is up for sale as the distressed sandwich chain lays off hundreds to cut costs and abandons franchisees. Read more on what’s happening here.

Big Law associates typically have long hours, but the pandemic has more of them feeling burned out. Five of them shared their stories with Insider.

The world left Facebook's Libra cryptocurrency for dead. Can a new name, and a booming crypto market, give it a second chance? Read the latest column by Adam Lashinsky here.

For more of our leading business stories, subscribe to @BusinessInsider here on Telegram.
2.7K views14:13
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