Entrepreneurship, venture capital, and innovation ecosystems
Meta acquired Manus for $2 billion. Four months later, the Chinese government ordered the deal unwound. A global first that shows how mergers and acquisitions — the operations that reshape jobs, products and strategies worldwide — can fail in ways no one anticipated.
Meta acquired Manus. China ordered it to unwind the deal. Read More »
Every year, thousands of companies merge or get acquired for trillions of dollars combined. Yet studies consistently find that most deals fail to deliver their promised value. This Fundamental breaks down how M&A actually works: why companies pursue deals, what due diligence really uncovers, why synergies are so often overpromised, and what separates the transactions that create lasting value from those that quietly destroy it.
Mergers & Acquisitions (M&A) Read More »
On May 22, 2026, SpaceX launched Starship V3, the most powerful rocket ever built. Behind the spectacle, three things were at stake at once: a race to land humans on the Moon before 2030, a stock market debut targeted for June 12 at a $1.75 trillion valuation, and the expansion of Starlink, the only division in the company already turning a profit.
Starship V3 lifts off: what this launch really says about the race for space Read More »
For sixty years, space was a government monopoly. Then a handful of private companies cut the cost of reaching orbit by 95% in a decade. Who are these players, why are they betting billions on low Earth orbit, and what does that mean for everyone else on the ground?
The New Space Economy: How Private Industry Rewrote the Rules of the Final Frontier Read More »
Every publicly listed company started with a bank transfer between friends or a maxed-out credit card. Between that moment and ringing the stock exchange bell lies a precise sequence of funding rounds — each with its own logic, its own investors, and its own trade-offs.
How Companies Raise Money: From Love Money to IPO Read More »
DCF, market multiples, asset-based valuation, Berkus, VC Method — business valuation isn’t one technique but a family of competing approaches that often produce wildly different numbers for the same company. Here’s how to read them, and when each one actually applies.
Business Valuation Read More »
Most people use AI tools daily without knowing what’s actually running underneath. Neural networks, large language models, training data, inference — the vocabulary is everywhere, the explanations almost nowhere. A clear, jargon-free breakdown of how modern AI actually works.
Artificial Intelligence: How It Works and Why It Matters Read More »
