A sales force of more than 100 agents allegedly cold-called thousands of prospective investors with sleek, scripted pitches for shares in the most exclusive private tech companies in the world, including SpaceX, Anduril, Anthropic, and Perplexity, while promising repeatedly there would be no hidden fees. The agents worked for The Spaventa Group (TSG), a Long
This as-told-to essay is based on a conversation with Lawrence Guerguis, a 24-year-old based in Orange County, California, who started investing in real estate in the Midwest while still in college. The following has been edited for length and clarity. I always thought I’d go into investment banking and work on Wall Street. During my
Sometime in the near future, a significant portion of the people building today’s AI industry are expected to become very rich. Many are already thinking about what to do with that wealth. The two of us advise some of the most philanthropically motivated people in tech. These are people who genuinely want, and have the
It felt like the absolute worst time to take a trip. Our son was home from college for the summer, our oldest daughter had just gotten married, and our youngest daughter had graduated from high school and was preparing to leave for college in late August. Everything in me wanted to soak up every minute
Watch out crypto-bros—it might be time to start moving assets. Researchers are making progress toward quantum computers powerful enough to undermine the mathematical assumptions that currently protect cryptocurrency and other blockchain-based assets. Because of this, the industry needs to replace its cryptographic infrastructure before the quantum computers arrive. “The great quantum migration is going to
Before launching The Savvy Couple in 2016, Kelan Kline had reached a breaking point. He and his wife, Brittany, had recently married, bought a starter home, and begun paying down roughly $40,000 in student loans. Brittany was an elementary school teacher, while Kelan worked as a jail deputy. The couple, who grew up in Rochester,
