Bumble’s Billionaire | Best-In-State Wealth Advisors | Fan Controlled Football

Plus: Is The Stock Market About To Crash?

Good morning.

The latest addition to the self-made women billionaires is Bumble’s CEO and founder Whitney Wolfe Herd. We’ve also released the annual ranking of Best-In-State Wealth advisors, and look at how the soon-to-launch Fan Controlled Football league plans on allowing fans to call every play in the game. 

In The News Today

The Australian Open will shut its doors to fans for the next five days starting Saturday after the state of Victoria imposed statewide lockdown. 

Facebook said it will reduce the distribution of all posts from Myanmar’s military-run accounts and pages because they have “continued to spread misinformation.”

Top Take-Aways

Shares of dating app Bumble soared in its IPO on Thursday, turning its 31-year-old CEO and founder Whitney Wolfe Herd into the world’s youngest self-made woman billionaire.

Federal authorities are reportedly investigating whether any market manipulation took place during the so-called meme stock rally, which turned a number of young traders into millionaires. A key player in the rally, the Robinhood brokerage app, is still facing the wrath of some of its users.

Jennifer Fleiss has become Volition Capital’s first female partner, as well as the first with startup cofounder operational experience, having helped incubate companies at both Rent the Runway and Jetblack.

Founders may struggle to decide when to let someone else run the company they’ve built from scratch. For Girls Who Code founder Reshma Saujani, the decision wasn’t necessarily easy, but it was simple.

The wealth advisors on Forbes’ 2021 ranking manage more than $6 trillion in client assets. This group of talented individuals include a former fashion model, the holder of a Ph.D. in cellular and molecular biology, and an Iranian émigré to the U.S.

The coronavirus pandemic has led to new tax legislation. A good tax professional will be aware of how the new laws work and you should be asking, at the very minimum, these six key questions.

In a dream come true for any football supporter who’d ever thought they’d do a better job at coaching the team, the new celebrity-backed league Fan Controlled Football will allow fans to call every play in the game and even own a piece of the teams.

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