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    Alternative Investments

    Damodaran Values Anthropic at $1.475 Trillion

    TL;DR: Aswath Damodaran valued Anthropic's equity at $1.475 trillion on October 28, 2026, after the company's October 26 S 1 filing, per his own blog . That sits just under the $1.5 trillion to $2 tr…

    Jeff Barnes, MBA··5 min read
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    Alternative Investments

    Bon Secours Buys Surgery Partners for $5.7B: Q&A

    TL;DR: HealthSpan Partners, an affiliate of Bon Secours Mercy Health, agreed on October 26, 2026 to buy Surgery Partners in an all cash deal valued at about $5.7 billion, according to Surgery Partner…

    Jeff Barnes, MBA··5 min read
    Glass office towers of Abu Dhabi's financial district stand beside a calm waterway and a stone promenade where a few distant people walk under a blue sky.
    Alternative Investments

    Apollo Takes Minority Stake in Mubadala Capital

    TL;DR: Apollo announced on 26 October 2026 that it will buy a minority stake in Mubadala Capital, Abu Dhabi's alternative asset manager. Apollo and other new minority investors are expected to commit…

    Jeff Barnes, MBA··5 min read
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    Alternative Investments

    Private Assets in 401(k)s: Savers' Interest Is Rising

    TL;DR: More than half of workplace retirement plan participants, 52%, say they would invest in private equity and private debt if their plan offered it, according to a Schroders survey reported by In…

    Jeff Barnes, MBA··6 min read
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    Startups

    Jumbo Series A Rounds Are Hiding the Seed Squeeze

    TL;DR: Series A deal counts are falling even as giant rounds grab headlines. Crunchbase counted 272 Series A rounds in the third quarter of 2026, down about 28% from 377 a year earlier. If you write …

    Jeff Barnes, MBA··5 min read
    Aerial view of a Bitcoin mining facility with low industrial buildings, cooling units and a substation in dry Texas scrubland under a clear morning sky.
    Crypto & Digital Assets

    Three $1M Bitcoin Bets Offered to Jason Calacanis

    TL;DR: Three investors have each offered angel investor Jason Calacanis a $1 million bet that Bitcoin will top $126,210.50, a benchmark set just above its October 2025 record. The offers followed his…

    Jeff Barnes, MBA··4 min read

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