Langan is the chief executive of RCI Hospitality Holdings, which includes the chain Rick's Cabaret as well as Tootsie's Cabaret in Miami, which advertises itself as the largest strip club in the world and once held the Christmas party for the LeBron-era Miami Heat. Some chains are larger than RCI, but it appears to be the only publicly traded strip-club company in the world, with a significant ownership stake from BlackRock and Vanguard.
During his 24-year career at Molson Coors, Goyal has been a driving force behind many of the company's most successful recent ventures, serving in executive roles across information technology, finance and strategy. He started in Golden, Colo., at Coors Brewing Co. and has held several global leadership roles such as chief information officer for Molson Coors in the UK and chief financial officer for Molson Coors in India.
Trump TikTok Deal: President Trump claims there's a deal for TikTok to either be sold to a U.S. company or disconnected from China, though details remain unclear. Valuation and Business Considerations: TikTok is valuable mainly for its user data and addictive algorithms, but it's uncertain how profitable the platform itself is; any deal would likely need to maintain the existing user data for maximum value.
To sell or not to sell. That's the major dilemma founders around the world face: Once they've started to get big enough to attract the attention of buyers, they face the decision of whether to cash out now, or use the compliment as fuel to go even bigger. While it may seem like a no-brainer to say yes to an acquisition to the tune of millions-or even billions-it can be hard to later rest easy thinking about how much more you could have made independently.
You might say that the biggest AI startups are led by professionally unreliable narrators, who theorize about the future of their companies - and their industry, and humanity in general - with a variety of clear but sometimes conflicting biases. This can make it somewhat hard, from the outside, to figure out which vision investors are banking on, beyond a general fear of missing out: Mass labor automation? AI-assisted research? Mainstream search-like products that could unseat Google?
Cursor is capitalizing on the disparity in the AI startup landscape by acquiring talent from startups like Koala to enhance its enterprise offerings and compete with major players.
Concentra Biosciences is rapidly acquiring struggling biotech companies, taking advantage of Bay Area firms' difficulties, including its recent purchase of Cargo Therapeutics, which faced severe setbacks this year.
The lender's robust performance is particularly notable given the turbulent backdrop of rising business taxes, persistent global tariffs, and slower-than-expected base rate cuts.
Going through an acquisition is like being a kid who's moving to a new country and starting a new school - everything is different, and you're an outsider. While a lot of excitement comes with that, there's also a lot of anxiety for the individual.