Leaked memo: Billionaire Steve Cohen is hiring a former PDT executive who founded a flying-car startup to be his top quant and lead his Cubist unit

Denis Dancanet is replacing longtime Cubist leader Ross Garon, who is joining one of Point72's biggest rivals for talent, Millennium.

July 30, 2020   |   View Online »

Leaked memo: Billionaire Steve Cohen is hiring a former PDT executive who founded a flying-car startup to be his top quant and lead his Cubist unit Bradley Saacks | Denis Dancanet is replacing longtime Cubist leader Ross Garon, who is joining one of Point72's biggest rivals for talent, Millennium. Read More »

Bill Gates just touted a new group of experimental drugs as particularly promising in fighting the coronavirus. Here are the 9 drugmakers racing to make them a reality, including 2 that could be ready by fall. Andrew Dunn | Drugmakers have created potential coronavirus treatments based on the blood of coronavirus survivors. They could be ready much sooner than a vaccine. Read More »

WeWork is embracing big brokerage firms to help it fill space it gobbled up in NYC and Los Angeles. It's a key pivot for the coworking giant as leasing demand slows. Daniel Geiger | Faced with large vacancies in its sprawling portfolio of office space across the country, WeWork has hired major brokerages to help it fill millions of square feet of space. Read More »

A market-research expert breaks down the 3 sectors and 4 stocks that he says are best to own as a new Cold War between the US and China heats up William Edwards | "It's literally going to be the Cold War but with who has the supreme technology network in their country," GraniteShares' Ryan Giannotto said. Read More »

This Silicon Valley pharmacy raised $39 million in three separate rounds with the same bare-bones pitch deck Troy Wolverton | Truepill's founders went about the fundraising process very differently than many Silicon Valley entrepreneurs. Read More »

Anthony Scaramucci's flagship fund is getting hit with a huge wave of redemptions. He explained why investors are pulling up to $900 million and where he's finding new money. Meghan Morris | About a quarter of investors in Anthony Scaramucci's flagship fund asked for their money back in recent weeks, the SkyBridge Capital founder said. Read More »

Billionaire Ken Griffin's Citadel has a sprawling alumni network of more than 80 hedge funds. Take a look at our exclusive list. Bradley Saacks,Shayanne Gal | Citadel was modeled after Goldman Sachs' analyst program. And just like Goldman, when employees leave the fund, they have a leg up in the industry. Read More »

The man who helps hospitals and clinics move to Google's cloud shares how the coronavirus pandemic is shaping its healthcare push Blake Dodge | In his first interview since arriving at Google, Chris Sakalosky described the tech giant's response to coronavirus and what's ahead for healthcare. Read More »

Money-transfer unicorn TransferWise is now worth $5 billion after some employees and early investors cashed out Callum Burroughs | "We're very happy to not have to raise every two to three years to keep the business alive," the company's chief financial officer said. Read More »

3 Wall Street pros managing $12 billion in assets share their strategies for profiting from the economy's recovery — and explain why investors should be aggressively taking risks now Marley Jay | The trio revealed how they're investing across asset classes in a continued economic recovery, and shared what they're buying now. Read More »

Share This Email    Read Business Insider On The Go

Email sent to: ipat39@gmail.com Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Insider Inc. One Liberty Plaza, 8th Floor, New York, NY 10006