Exec Sum

Elon Musk with the fattest ratio on President Biden

BREAKING: YC-backed compliance startup Delve, started by two Forbes 30u30 alumni, has been accused of faking compliance for hundreds of companies A new investigation claims: • Audit conclusions written BEFORE evidence • 493/494 reports nearly identical (with the same errors) • “US auditors” are allegedly just Indian shell firms • Fake SOC2, ISO, HIPAA, GDPR reports at scale Forbes 30u30 never misses

BREAKING: Hedge fund giants Point72 and Balyasny are banning employees from trading on prediction markets in their personal accounts.

BREAKING: Super Micro co-founder Yih-Shyan "Wally" Liaw arrested for smuggling $2.5B in Nvidia powered servers to China • Used SE Asian shell company to funnel GPUs • $510M shipped in just 3 weeks (spring 2025) • Caught on camera using a HAIR DRYER to swap serial stickers • Now faces 30 years behind bars $SMCI now plummeting -12% after hours

BREAKING: Meta is shutting down the Metaverse after spending $80 Billion on the project

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BREAKING: Goldman Sachs and JPMorgan are offering hedge fund clients ways to short the $1.8 trillion private credit market, per BBG

BREAKING: Jeff Bezos is in talks to raise a $100 billion fund that would buy manufacturing companies and use Al to automate them.

BREAKING: Uber taps Rivian to build robotaxis in deal worth up to $1.25 Billion

Exclusive prediction market partner of the MLB Top of the 1st, bases loaded

Now rehire them. Make no mistakes this time.

BREAKING: JPMorgan taps Tom Brady, Dwyane Wade, & others for a new athlete wealth management push The stars will meet with JPMorgan execs to help the bank craft programs designed to serve athletes from college to retirement and prevent players from going broke

It’s FinMeme March Madness Time. Starting tomorrow, 32 of your favorite finance meme accounts will be facing off to win the crown as the people’s favorite memer. Voting will take place on my page. Presented by @Polymarket @tryshortcutai and @hebbia

Our daily newsletter covers everything from Wall Street to Silicon Valley. Read by 300K+ bankers, venture capitalists, startup founders, and executives. Get smarter each morning: execsum.co

BREAKING: Oil tops $110 per barrel after Israel and Iran bombed major energy sites earlier today.

At the close 🩸

That’s enough LinkedIn for today

Our daily newsletter covers everything on Wall Street, venture capital, investment banking, & more A perfect read to get smarter every morning: execsum.co

BREAKING: Federal Reserve holds rates steady

We're excited to announce 'The Situation Room' by Polymarket is coming to Washington, D.C. The world's first bar dedicated to monitoring the situation. 🧵