Blackstone
Global alternative asset manager with flagship funds across private equity, real estate, and private credit.
- VC’s alchemists of AI
- Bean counting for AI
- AI's true cost
- OpenAI's trillion-dollar wait
- Signs of a data center peak
- Jeremy Giffon - The Billion Dollar PDF - [Invest Like the Best, EP.481]
- Quantum computing's déjà vu
- Jersey Mike's serves up S-1 sub
- Software wins for the taking
- New Q2 VC data, new dashboard
- Liquidity wiggles loose in Asia
- The Whoop-ification of the World Cup
“Jersey Mike's completed a $1 billion IPO backed by Blackstone's $8 billion buyout, but shares fell ~6% on the first day of trading.”
“Jersey Mike's 18-month journey from PE target to public markets is a success story for Blackstone.”
Source→“While private-equity firms typically hold investments for much longer periods, [Blackstone] felt the business was already close to camera-ready when the firm bought it. It also wanted to take advantage of investors' voracious appetite for new stock offerings.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.