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A Saturday morning briefing for entrepreneurs and executives Cerebras Files for Nasdaq IPO Cerebras is moving toward a Nasdaq listing after a blockbuster 2025 that saw the AI chipmaker swing to a net income of $87.9 million. The performance marks a stark departure from 2024, when the company reported a $485 million loss. Revenue surged 76% last year to $510 million, underpinned by a massive $24.6 billion in remaining performance obligations. This financial rebound provides a stronger foundation for the company’s second attempt at an IPO, after market conditions led it to scrap previous plans last year (Read). Loop Secures $95M Series C Loop has secured $95 million in Series C funding to expand its verticalized AI platform, aiming to become the definitive intelligence layer for global supply chains. The round was led by Valor Equity Partners and the Valor Atreides AI Fund, with significant participation from 8VC, Founders Fund, and J.P. Morgan Growth Equity Partners. The capital injection arrives as enterprises grapple with a volatile landscape of shifting tariffs and supplier diversification, which have exposed the brittleness of legacy data systems (Read). Two Chairs Builds Beyond Telehealth Two Chairs is positioning itself as a structural alternative to the purely virtual "gig economy" mental health model. While competitors like TalkSpace and BetterHelp have scaled through telehealth and independent contractors, the Bay Area-based startup is executing a full-stack strategy that prioritizes stable, in-person care. By directly employing its clinicians and owning its brick-and-mortar locations, the company aims to eliminate the high turnover and search friction that typically disrupt the therapist-client relationship (Read). Carrot Fertility Eyes Global Expansion Carrot Fertility began with a $35,000 out-of-pocket bill and grew into a global benefits platform spanning 130 countries. In a recent dialogue detailing the company's trajectory, Founder and CEO Tammy Sun detailed how her personal experience with high out-of-pocket costs of egg freezing sparked a mission to dismantle financial barriers. The platform now serves over 1,000 customers across 130 countries, offering a unified benefit system that supports members through maternity, parenting, and increasingly, menopause and low testosterone (Read). Revolut Eyes $200B IPO Valuation Revolut is aiming for a valuation of up to $200 billion in a planned stock market listing, a target that would solidify its position as Europe’s most valuable startup. While Founder and CEO Nik Storonsky recently indicated that an IPO is unlikely before 2028, the Financial Times reports that internal discussions with investors suggest the London-based fintech is benchmarking a range between $150 billion and $200 billion (Read). Slash Hits $1.4B Unicorn Status Slash Financial has officially achieved unicorn status, reaching a valuation of $1.4 billion following a $100 million Series C funding round. Led by Ribbit Capital with participation from Khosla Ventures and Goodwater Capital, the round marks a nearly four-fold increase for the San Francisco-based firm, which was valued at just $370 million less than a year ago. The investment follows a period of hyper-growth in which Slash saw its annualized revenue jump from $10 million to $250 million in just 24 months, a 2,400% increase that underscores the massive demand for modern, high-velocity business banking (Read). Join us by visiting www.jacksonholeclassic.com Good News GM Reaches Clean Energy Milestone General Motors has become the first U.S. automaker to secure enough renewable energy to match 100% of its domestic electricity use. The milestone follows an expansion of clean-energy utility programs, virtual power purchase agreements, and other renewable energy sources across the company’s U.S. operations. Globally, GM now matches 70% of its electricity usage with renewables, nearly doubling its 2023 levels (Read). Taking the Lead Oregon currently stands as a national powerhouse for innovation, producing roughly 15% of the country’s semiconductor supply and ranking among the top states for research and development investment. Beyond its "Silicon Forest" tech corridor, the state’s economy is uniquely shaped by its leadership in sustainable agriculture and a multibillion-dollar outdoor industry. Women We Admire is pleased to announce The Top Women Leaders of Oregon for 2026 (Read). As organizations increasingly treat inclusion as a measurable business driver, the Chief Diversity Officer has become a central architect of corporate strategy and long-term profitability. In 2026, these leaders oversee far more than cultural initiatives; they manage the complex integration of equity into global operations, pay transparency reporting, and data-driven talent management. Women We Admire is pleased to announce The Top Women Chief Diversity Officers of 2026 (Read). Finer Things Montecito, CA Series: Little Mountain Brings the Farm Closer to the Fire Lodge & Dine awarded Little Mountain a 5-star rating for its wood-fired cooking and a dining room that feels more like a home than a high-end restaurant. Little Mountain opened in Montecito late last year in a Spanish Colonial-style space built around terracotta tile, high ceilings, and a large custom hearth. Led by Chef Diego Moya, whose past kitchens include L’Arpège in Paris and Casa Mono in New York, the restaurant centers on wood-fired cooking and ingredients from nearby farms (Read). "If everyone is moving — Henry Ford, Founder, Ford Motor Company Did a friend forward you this email? 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A Saturday morning briefing on the consulting industry The Top 25 Life Sciences Consultants and Leaders of 2025 The Consulting Report is pleased to announce The Top 25 Life Sciences Consultants and Leaders of 2025. Progress in life sciences depends on scientific advances as much as it depends on the systems that support them. The individuals recognized here work in the space where those two elements meet. They advise on decisions that shape research priorities, clinical execution, regulatory...
A Saturday morning briefing for finance executives BIS Flags Debt Risks The Bank for International Settlements (BIS) has raised alarms over the destabilizing potential of surging government debt levels, emphasizing the urgency for policymakers to act preemptively. In its latest quarterly report, the BIS highlighted that global sovereign debt could increase by a third to $130 trillion by 2028, driven by persistently large budget deficits (Read). Etsy Appoints Baker as New CFO Etsy, a global...
A Saturday morning briefing on exceptional executives CEO Robert Davis Leads Merck's Innovation and Purpose Robert Davis, the Chairman and CEO of Merck, is a seasoned leader with a distinguished career spanning over three decades in the pharmaceutical industry. With a strong background in finance and an extensive track record of executive roles within Merck, Davis has been instrumental in shaping the company's strategic direction and overseeing its various divisions (Read). Purposeful Service...