Diego Segura

The question to ask about an early stage startup is not "is this company taking over the world?" but "how big could this company get if the founders did the right things?"

SVB went from $70 billion of deposits to $200 billion of deposits, thanks in large part to the pandemic. “If somebody had an I.P.O. one day, they had $100 million in checking, the next day they had $3 billion in checking,” the executive continued. “Or if somebody made a deal one day they’d have $500 million in checking and then they’d have $1... See more

Though Cash App’s revenue comes primarily from subscriptions and services, not peer-to-peer transactions, it still needs downloads.

An attempt to launch a lower-priced, streetwear-inflected line, PSWL, was at odds with the main collection, and fell flat with customers.

As for the four indictments against Trump and how seriously they should be taken, Steve was a bit cagier in his response, as you might expect. “We’re getting into the realm of theater,” he said, “and this isn’t a theater review.”

BW: Speaking of pace, how long do these collaborations take, from the first conversation to product launch?

EDV: I would say it’s two to two and a half years until release. Defining the products, where we come up with what we’re going to do, would take at least a year. We define how we’re going to collaborate artistically together, and then... See more

In April, after the Fashion Trust U.S. awards, she estimated her debt to be about $90,000. Her creditors include factories that are starting to get mad, she said, but also people central to her team, like the designer Andrew Curwen, who is owed a few months’ worth of invoices.

3G had taken Burger King private in a 2010 leveraged buyout for $4.1 billion, using $1.6 billion of its own equity. At the time, Burger King had one brand—Burger King—and 12,000 restaurants in 70 countries and some $15 billion in revenue. In short order, 3G transformed Burger King into Restaurant Brands International, comprising 30,000 restaurants... See more