How To Make Millions From Bezos’ Billion I 6 Side Hustles You Can Do From Home | Interview With Target CEO Brian Cornell

Plus: Here’s How Rupert Murdoch Became Eight Times Richer Than Donald Trump

Yesterday, a San Francisco-based company called Heyday not-so-quietly came out of stealth. Despite only being founded in August, it announced it had raised a massive $175 million Series A from General Catalyst, Khosla Ventures and executives from places like Amazon, eBay and PayPal.

So what are they doing that's so exciting to raise all that cash in just a few months? They're buying, launching and growing Amazon businesses. It's the latest development in a growing trend of individuals suddenly believing that Amazon’s small businesses represent a big opportunity.

Over the last 24 months, over 10 companies have raised $100 million or more apiece, totaling at least $1.5 billion, to buy up Amazon third-party sellers. These entrepreneurs and their backers—including blue-chip private equity players like Advent International and JPMorgan and monied individuals such as Zillow cofounder Spencer Rascoff, former Tinder CEO Elie Seidman and Los Angeles Dodgers executive Tucker Kain—are betting millions they can score big returns piggybacking on Amazon founder Jeff Bezos’ billions. This week's must read story from Staff Writer Lauren Debter is a deep dive into this snowballing trend.

The Best Stories Of The Week

Advanced technology is not only making cars safer and easier to drive, it’s also making them nearly impossible to repair. Cashing in? Dallas-based Copart and the father-and-son-in-law duo who pioneered selling wrecks on the Internet.

Venture capital firm Sequoia famously once only backed startups within bicycle distance of its Silicon Vally offices. Now the firm's investing heavily in its European presence to find the next Klarna and UiPath.

Tesla’s billionaire CEO Elon Musk, overtook Facebook CEO Mark Zuckerberg to become the world’s fourth-richest person on Wednesday, as Tesla’s stock continued to skyrocket following news that it will be added to the S&P 500 Index late next month.

As technologies developed for people, like GPS and cameras, are adapted for dogs and cats, the overall market for pet tech is expected to rise 13% this year to $555 million. The biggest piece of the pie is OnPoint’s sweet spot: invisible fences, smart doors and other containment systems.

Airbnb’s cofounders own nearly 42% of the Covid-dented business, the IPO filing shows. It also shows widening losses as it prepares for one of the largest IPOs of 2020.

The Pursuit

This week's collection of expert tips from Forbes contributors around the world for those building and running a business. Click to sign up instantly for The Pursuit, a biweekly essential briefing by Senior Entrepreneurs Editor Maneet Ahuja.

Here are six good-paying side hustles that you can do from home to earn extra income. Leadership is the most evergreen of business topics,

yet it remains fiendishly difficult to master. Here's eight books of some of the latest leadership bestsellers as well as volumes that have stood the test of time.

Forbes asked nine members of Young Entrepreneur Council about the risks they think new founders need to look out for when starting their business, and about the strategies they might use to mitigate them.

People are checking you out on LinkedIn. Will you be embarrassed by what they find?

Target and other big-box retailers like Walmart, Best Buy, and Home Depot have shined as Coronavirus and unemployment has thrown most of retail into the dark. These mega brands are posting strong gains while traditional retailer suffer losses, store closings and bankruptcies as the Coronavirus and unemployment rock the country. How did Target do it?

Across Forbes