The Profile: Silicon Valley’s most mysterious VC fund & the investors who want to reach $1 trillion in assets
The Profile: Silicon Valley’s most mysterious VC fund & the investors who want to reach $1 trillion in assetsThis edition of The Profile features KKR co-CEOs Joe Bae and Scott Nuttall, Charli XCX, Divesh Makan, and more.
Good morning, friends! My husband Anthony is putting on the second annual BUILD Summit, an exclusive NYC-based founders-only summit, on September 26, 2024. It’s an amazing event, and nearly 700 founders attended last year. A few key details:
Below is the speaker lineup:
I can confidently say it’ll be a really high-quality event from which you’re guaranteed to learn. I figured the best way I could help was to share the application form with the founders who read this newsletter. If you are in New York City on Sept. 26, and you’re interested in attending, reserve your spot here. See you there!— BOOK RECS: Looking to read something captivating this Labor Day weekend? From sports biographies to moving memoirs to classic novels, check out what 16 of the world's most successful people are reading. — PROFILES.— The investors who want to reach $1 trillion in assets [**HIGHLY RECOMMEND**] PEOPLE TO KNOW.The investors who want to reach $1 trillion in assets: Joe Bae and Scott Nuttall are co-CEOs of KKR, the world’s third-largest alternative asset manager that boasts the industry’s hottest stock and biggest ambitions. They’re perpetuating the “two-parent” household model that KKR founding partners Henry Kravis and George Roberts followed for 45 years, but they have radically reshaped the machine that Henry and George built. In the rearview mirror are the slash-and-burn leveraged-buyout days immortalized in the famous book Barbarians at the Gate. The firm that’s dreaming bigger than any outfit on Wall Street is embarking on a remarkable journey that few could have seen coming. This is an excellent FORTUNE profile written by my former colleague Shawn Tully. (FORTUNE; you can access the article by creating a free FORTUNE account via this link) "Henry and George modeled how a really good partnership can work for 50 years.” The real person whose life was portrayed the ‘Blind Side:’ Michael Oher, the former football player whose high school years were dramatized in the movie “The Blind Side,” in which a wealthy white couple — Leigh Anne and Sean Tuohy — took him in and helped him shop for clothes, get a driver’s license, bought him a pickup truck and arranged for tutoring that boosted his grades and made him eligible to play college football. Today, at age 38, Oher is suing the Touhys, claiming they have exploited him by using his name, image and likeness to promote speaking engagements that have earned them roughly $8 million over the last two decades — and by repeatedly saying that they had adopted him, when they never did. The Tuohys have claimed in response that Oher in recent years has attempted to extort them with “menacing” texts. Here’s how things went so wrong. (The New York Times; if you can’t access the article, try this link) “I know that’s what some people are going to think. ‘He’s being ungrateful.’” The most famous kid on the internet: For the past nine years, Ryan Kaji has been perhaps the most famous child on the internet, or at least among the most monetizable. His main channel, Ryan’s World, has more than 37 million subscribers and more than 50 billion views. On Amazon, there are toothbrushes, bedsheets, plastic eggs, monster trucks, robots, and paper plates with Kaji’s adorable little face on them. Ryan’s World-branded merchandise reportedly made more than $250 million in 2021. Kaji was only 3 years old when he became famous. Now, a decade later, he is navigating a whole new challenge of becoming a teenager. (Rolling Stone) “We never thought it would go this big. We thought it’d be kind of this fun project among family in Japan and Vietnam, so they could see Ryan’s daily life.” The artist who released this summer’s hit album: Charli XCX’s album “Brat” was everywhere this summer. Brat is her sixth studio album, and its 18 party-girl anthems have dominated the discourse since it dropped in June. It has spawned countless memes, TikTok dances, and think pieces, and its lyrics have coined a flurry of catchphrases. The music has been almost secondary to the “brat aesthetic.” It’s a vibe. It’s a pose. It’s a lifestyle brand. It’s a lot. Here’s how it’s made her more famous than she ever expected. (New York Magazine; if you can’t access the article, try this link) “I’m very well aware that you can’t be omnipresent forever.” COMPANIES TO WATCH.Silicon Valley’s most mysterious venture capital fund: In 2013, the former SurveyMonkey CEO Dave Goldberg encouraged Divesh Makan to launch Iconiq Growth, now Iconiq Capital’s venture capital arm. Goldberg wrote the fund one of its largest initial checks. Goldberg also helped the fund land some of its first deals, and he sat on the firm’s first advisory board. Makan has never spoken publicly about Goldberg and the instrumental role he played at Iconiq until now. For that matter, he almost never speaks publicly about Iconiq at all. Take a look inside one of Silicon Valley’s most mysterious VC funds. (FORTUNE; you can access the article by creating a free FORTUNE account via this link) “Each day, every day, all day long: Hold it up. We want to earn it. We want to deliver. We want to make sure we really deliver against every one of the commitments that we’ve made.” The company that makes 13 million crayons a day: For a lot of companies, the weeks between July 4 and Labor Day are a quiet time, full of employee vacations and summer Fridays. Not Crayola. During those months, the company’s flagship factory in Easton, Pennsylvania, churns out at least 13 million crayons every day—up more than 8% from the rest of the year—to prepare millions of kids for back-to-school season. “That’s our Super Bowl,” says Crayola CEO Pete Ruggiero. What a fascinating visual story about the process of making a crayon. (Bloomberg; if you can’t access the story, try this link.) “Making crayons is messy, noisy work.” ✨ The rest of this newsletter is only available for premium members of The Profile, whose support makes this work possible. If you’re not already a premium member, consider upgrading your subscription below for access to an additional section of weekly audio + video recommendations. ✨... ![]() Unlock this post for free, courtesy of Polina Pompliano.A subscription gets you:
|
Older messages
The Profile: The billionaire man of mystery & the investor trying to reboot the music industry
Sunday, August 25, 2024
This edition of The Profile features Conni Jonsson, Brad Pitt, George Clooney, and others. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
My Annual Birthday Check-In: 11 Lessons From 33 Years on This Planet
Wednesday, August 21, 2024
Some practical, non-obvious lessons I learned in the last year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The Profile: The former VC who won two Olympic gold medals & the founder building a new media empire
Tuesday, August 20, 2024
This edition of The Profile features Bari Weiss, Kristen Faulkner, Nate Silver, and Darren Star. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
👤 The Profile: Russia’s most famous prisoner & the CEO caught in memestock mania
Sunday, August 11, 2024
This edition of The Profile features Evan Gershkovich, Vlad Tenev, Blake Lively, Mark Zuckerberg, and others. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
👤 The Profile: The venture capital titan & the world’s most famous therapist
Sunday, August 4, 2024
This edition of The Profile features Roelof Botha, Joe Rogan, Phil Stutz, Melinda Gates, and Rupert Murdoch. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
You Might Also Like
+34% more leads (study)
Friday, February 28, 2025
I love that you're part of my network. Let's make 2025 epic!! I appreciate you :) Today's hack +34% more leads (study) Diego Chacon decided to test what specific format of the same offer (
🔍 Why Brands Need To Launch A Social Show
Friday, February 28, 2025
February 27, 2025 | Read Online All Case Studies 🔍 Learn About Sponsorships Social is becoming the new TV. From our consumption habits to the content types - every day we progress to a landscape where
High-traffic sites less than a year old
Friday, February 28, 2025
These numbers are wild
Help me help you!
Thursday, February 27, 2025
Your opinion means everything hey-Jul-17-2024-03-58-50-7396-PM Can you believe Masters in Marketing is already 8 months old? Aw, so cute! And, like any anxious new parents, we want to know how we'
Discover a preview of the content keeping Digiday+ members ahead
Thursday, February 27, 2025
Digiday+ members have more ways than ever to stay ahead of the news and trends transforming media and marketing. Explore premium content from our editors below, including weekly briefings, research and
See you in Boston?
Thursday, February 27, 2025
...back in person for the first time since 2019! Exploding Topics Logo Presented by: Semrush Logo You follow Exploding Topics because you want to get an edge on your competition. Now take that
Why I'm doubling down on my community in 2025... (free bonus)
Thursday, February 27, 2025
Hi there 2025 is chugging along (it's almost March!) – and there's a ton going on right now. But there's something that hasn't changed. Your agency still needs a constant stream of new
Programmer Weekly - Issue 243
Thursday, February 27, 2025
February 27, 2025 | Read Online Programmer Weekly (Issue 243 February 27 2025) Welcome to issue 243 of Programmer Weekly. Let's get straight to the links this week. Streamline IT management with
🎙️ New Episode of The Dime China Tariffs & The Next Era of Vapes: Impact on Supply Chains & Brands ft. Nick Kovacevich
Thursday, February 27, 2025
Want to be featured on The Dime Podcast? Scroll to the end of this email to find out how. Listen here 🎙️ China Tariffs & The Next Era of Vapes: Impact on Supply Chains & Brands ft. Nick
80% less time on social reporting sound good?
Thursday, February 27, 2025
Get Forrester's Total Economic Impact™ of Sprout. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏