Ithaca Holdings co-founders Ravi Gupta and John Hegeman will become co-CEOs.
—
Andrew Nusca,
Fortune,
14 Oct. 2026
So the city loses out not only on new companies that would otherwise set up shop here but also on a group of founders who might have channeled their profits into the next generation of startups.
Many billionaires, including Google cofounders Larry Page and Sergey Brin, Oracle cofounder Larry Ellison, PayPal cofounder Peter Thiel, and Craft Ventures’ David Sacks, have already moved their permanent residences out of state to avoid the tax.
—
Sydney Lake,
Fortune,
9 Feb. 2026
The company was cofounded by Thousand Fell cofounders Stuart Ahlum and Chloe Songer, along with Gilt Groupe cofounder Phong Nguyen.
The authors found a long-run relationship between top incomes and art prices and argued that high-end art prices are driven less by the average person’s buying power than by how much the wealthiest can spend.
—
Molly A. Wallace,
Fortune,
16 Oct. 2026
The authors noted the circumstances surrounding the violent act, and whether other early humans could have been involved in the individual’s death, were completely unknown.
In return for this disclosure, inventors — and any companies that license the patents — receive a limited period of time where no rival is able to copy the discovery and sell it as their own.
—
Dr. Bowman Heiden,
Fortune,
10 Oct. 2026
Its real impact emerged as leaders, inventors and entrepreneurs redesigned factories, cities, products, infrastructure and daily life around capabilities that had not previously existed at scale.
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