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Social media users are coming to Daniel Radcliffe's aid after others allegedly said the actor is not rom-com material.
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Chineso
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Loose Women
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While artificial intelligence startup OpenAI reportedly ended the year discussing a fundraise at a valuation of $100 billion or more, one of its leading challengers, Anthropic, was accepting a round of its own. Appearing almost modest in comparison, Anthropic was raising $750 million in new funding that would nearly quadruple its valuation to $18.4 billion.<br/><br/>New details of the unusual round, which remains in progress, reveal how lead investor Menlo Ventures used an increasingly popular tactic to jump to the front: a special purpose vehicle, or SPV. The impetus to do the round, according to multiple sources, came from an opportunistic Menlo seeking to double down on a position in one of AI’s leading unicorns ahead of a potential larger round later in 2024, once Anthropic’s revenue had grown. For a previously small shareholder, it was a power play. For Anthropic, a painless way to burnish its war chest amid a hiring and product race.<br/><br/>Anthropic hadn’t been planning to do a round at the end of 2023 at all: the startup had previously signaled to interested investors that it preferred to wait until the second half of 2024 to make a formal fundraising push, according to four people with knowledge of the process. But Menlo’s offer made sense: the company gained a cash infusion at a critical juncture with minimal fuss, while also formalizing terms for two others promised by key cloud computing partners, Amazon and Google.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/01/11/anthropic-750million-funding-round-menlo-ventures/?sh=586036c96e23<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Kitchen Nightmares
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spoonys69adventures
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Last year, SunPower, the Richmond, CA residential solar power company, was late in filing its third quarter results, due November 29, 2023. According to an SEC disclosure dated December 11, SunPower’s missed deadline triggered a covenant breach and default on $300 million in outstanding debt to lenders including Bank of America, Citi, JPMorgan Chase and Apollo Management. Suddenly, SunPower, the once high flying rooftop solar company valued as high as $9 billion, was at the mercy of lenders who were within their rights to demand immediate payment of principal and interest.<br/><br/>When SunPower did release its quarterly report December 18, the news wasn’t good. Revenues were down 10% over the previous year, with fewer customers signing up, especially in California. That's in large part because higher interest rates have driven up the cost of capital — not good when you're selling assets that require a big upfront investment that takes 20 years of solar energy collection to pay back.<br/><br/>After a “going concern” warning and restating three years of financials, could SunPower be the domino that triggers a solar shakeout?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/christopherhelman/2024/01/16/sundown-despite-defaulting-on-300-million-in-loans-this-residential-solar-company-is-still-worth-700-millionfor-now/?sh=4e1f2a795e4c<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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czabegetsim
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SPACEStv
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For four decades, Taylor has quietly built a sprawling empire in the shadows, though there are more than a few signs of him if you know where to look. After receiving a tip from a longtime source, Forbes began digging into Taylor and his Automotive Management Services, looking through dozens of Florida business records and speaking to eight people who know of him, including analysts, rival car dealers and business partners.<br/><br/>All told, Forbes estimates Taylor’s net worth to be $1.9 billion. Most of it is tied up in his estimated 75% stake in Automotive Management Services, which owns more than 120 dealerships across America and is worth some $1.6 billion, by our count. But, like Batman’s alter ego Bruce Wayne, Taylor also has a penchant for the good life. He’s spent at least $180 million on lavish homes, including $30 million for Tommy Hilfiger’s New York City penthouse in 2019; he also has a $45 million private jet with his initials TT on the tail.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/devinseanmartin/2024/01/15/the-car-dealership-billionaire-no-one-knows/?sh=57453adf5585<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Edvinas Savickas
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Nikki Limo
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