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What is the carried interest loophole—and what does it mean for VCs and private equity?

What is carried interest Last week, Congress showed that it still had a few surprises up its sleeve for the current session. In a shocking twist, Senate Majority Leader Chuck Schumer and Senator Joe Manchin announced they had reached an agreement on the Inflation Reduction Act, a scaled-back version of the Build Back Better plan that would address everything from healthcare...

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Inside the new software used to curb South African locust swarms

Locusts in south africa In May 2022, the largest locust infestation in a quarter century descended on South Africa’s Eastern Cape, stripping 19,305 square miles of grazing land. With another swarm predicted for September (the arrival of spring in the Southern Hemisphere), farmers in the vast 65,238-square-mile province have joined with researchers to introduce a high-tech innovation—a software...

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GoFundMe’s biggest campaigns in history are a chilling window into our needs, desires, and broken safety nets

Top go fund me campaigns GoFundMe is a decade old and celebrating its prowess at separating you from your dollars on behalf of good causes—or at least causes that sound good. (30 Marathons in 30 Countries Before I Turn 30, anyone?) The platform’s fundraising-fu is eye-opening, pulling in annual funds comparable to the GDP of countries like Guinea-Bissau...

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What you need to know about Google Web Designer, a primer

Web design google Starting and running a business—especially in this day and age when having an online presence is important—is no small feat. It’s no longer simply about coming up with and executing a killer business plan and doing what you do best. Once you factor in creating and maintaining a polished website, running ads, and creating social media content,...

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