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The founders who cashed out on YouTube, Reddit, and Instagram—and missed out on becoming today’s billionaires

YouTube, Reddit, and Instagram may be household names, but their founders could have made billions more by waiting to cash out.

latest 10

Fortune

Preston Fore

Grease-smeared ‘roughnecks’ are the classic staple of the oilfield. Now they’re vanishing in favor of AI-trained data crunchers

Many thousands of energy jobs are shed amid lower oil prices, efficiency gains, consolidation, and the advent of autonomous AI drilling and...

latest 9

Fortune

Jordan Blum

CEO coach to the Fortune 500: How top leaders use the ‘extra 5’ rule to achieve breakthroughs

To have more breakthroughs in your life, you have to ask more—of yourself.  

latest 9

Fortune

Bill Hoogterp

This millennial paid off $80,000 in student debt by going ultra frugal—even unplugging his fridge—and working 10 side hustles

Despite now earning over $18,000 a month, he continues to live in "survival mode."

latest 7

Fortune

Jessica Coacci

China starts probes targeting US semiconductor sector

The Ministry of Commerce said in a statement on Saturday that it’s opened an anti-dumping probe relating to certain American-made analog IC chips.

latest 10

Fortune

Bloomberg

America needs a digital identity strategy

The internet was built to connect machines, not people, making online life a painful hassle of lost passwords, security code texts, and cumbersome...

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Fortune

Will Wilkinson

CBO slashes economic growth forecast for 2025 as Trump tariffs heat up inflation

The CBO now expects real GDP growth to decrease from 2.5% in 2024 to 1.4% this year, a downgrade from the initial projection of 1.9%.

latest 4

Fortune

Fatima Hussein

Fed Governor Lisa Cook claimed 2nd residence as ‘vacation home,’ undercutting fraud claims used by Trump to fire her

Documents obtained by The Associated Press also showed that on a second form submitted by Cook to gain a security clearance, she described the...

latest 1

Fortune

Lindsay Whitehurst

The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed and put its independence at risk, top economist says

"Obviously nobody wants a recession. But also in the context of Fed independence, they really don't want to get blamed for going into a downturn...

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Fortune

Jason Ma

Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical...

latest 0

Fortune

Jason Ma

Trump calls on NATO to stop buying Russian oil and to hit China with up to 100% tariffs, after Moscow sends drones into Poland

“China has a strong control, and even grip, over Russia," Trump said on Truth Social, and powerful tariffs “will break that grip.”

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Fortune

Josh Boak

Poland scrambles jets, shuts key airport amid drone threat

Separately, Romanian fighter jets were launched as Russia attacked Ukrainian territory near the nations’ shared border near the Danube River.

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Fortune

Maciej Martewicz

Over 36 billion pounds of good produce is wasted every year: A ‘whole harvest’ solution can help

Ivanka Trump and the Chobani CEO Hamdi Ulukaya have worked together for years to avert food waste and bring farmers’ surpluses to hungry families...

yesterday 20

Fortune

Ivanka Trump

Blackstone exec says elite Ivy League degrees aren’t good enough—new analysts need to ‘work harder’ and be nice 

Emotional intelligence, hard work, and interpersonal connection are essential to leadership success.

yesterday 4

Fortune

Ashley Lutz

One of the most common reasons that AI products fail? Bad data

Executives at Fortune’s Brainstorm Tech warned that you need to start with fundamentals before rolling out a complex new AI agent.

yesterday 9

Fortune

Jessica Mathews

More leaders are recognizing the ‘power of small teams’

Also: All the news and watercooler chat from Fortune.

yesterday 20

Fortune

Diane Brady

‘Dust off your rate-cutting playbook,’ JPMorgan tells clients, the evidence for a Fed cut just keeps piling up

With U.S. jobless claims surging and labor data revised sharply lower, markets see Powell locked into a September Fed rate cut despite sticky...

yesterday 4

Fortune

Eleanor Pringle

Jamie Dimon says his successor at JPMorgan doesn’t need to be the smartest person in the room, they need to be the ‘Pied Piper’

Jamie Dimon says the next JPMorgan CEO must be a “coach” and motivator, not just the smartest in the room, as succession planning heats up.

yesterday 3

Fortune

Eleanor Pringle

The ‘Godfather of Financial Independence’ says young people should do two things to build wealth—and it’s not buying a house, which is ‘silly’

"That's what I tell my daughter, and that's what she's doing," JL Collins said, adding her sound decision-making has given her "f--k you money."

yesterday 4

Fortune

Dave Smith

Opendoor’s ‘founder mode’ and new CEO bet

The upside of Kaz Nejatian's pay package is massive. But so is the challenge in leading the struggling company.

yesterday 4

Fortune

Jason Del Rey

Hyundai CEO says ICE raid on Georgia plant set back its grand opening by two or three months

CEO Jose Muñoz said the delay estimate is based on foreign workers coming back to help.

yesterday 3

Fortune

Marco Quiroz-Gutierrez

Klarna’s cofounder worked at Burger King and lived on food stamps before starting the buy-now, pay-later firm. It’s now worth $16 billion after IPO

Klarna CEO Sebastian Siemiatkowski worked at Burger King and lived on welfare before starting his $16 billion fintech firm.

yesterday 3

Fortune

Preston Fore

‘Better put some chips down or you’re going to miss out’: U.S. tech is riding fears about rising global conflict

“There’s a ton of money being poured into defense from venture capitalists right now,” said Steve Simoni, founder of Allen Control Systems.

yesterday 3

Fortune

Nicholas Gordon

From his first flight at age 25 to Delta CEO: Ed Bastian’s advice on leading into the next century

Bastian discusses the most important aspect of a CEO's job.

yesterday 3

Fortune

Sheryl Estrada

NYU professor says traditional networking is ‘nonsense’ — instead, real friendships are key to success

NYU professor and seasoned business leader Suzy Welch says that handing out business cards at industry functions won’t lead to success. Melinda...

yesterday 2

Fortune

Emma Burleigh

Tether to launch U.S. stablecoin, appoints former Trump crypto guru Bo Hines as CEO of American expansion

Tether tapped the crypto bank Anchorage Digital and its longtime partner Cantor Fitzgerald to issue the token.

yesterday 3

Fortune

Ben Weiss

GV’s David Krane and Greycroft’s Dana Settle break down where the AI boom really stands at Fortune Brainstorm Tech

“It’s absolutely a long cycle, and we’re at the very, very, very beginning,” said Settle.

yesterday 3

Fortune

Allie Garfinkle

Billionaire who sold two companies to Coca-Cola says he tries to convince people not to become entrepreneurs: ‘Every single day, you can go bankrupt’

Mike Repole wants to remind every aspiring businessperson that most startups—over two-thirds of them—fail.

yesterday 3

Fortune

Dave Smith

OpenAI’s deal with Microsoft could pave the way for a potential IPO

OpenAI has reached a preliminary deal with Microsoft that paves the way to convert its for-profit arm into a public benefit corporation (PBC).

yesterday 3

Fortune

Beatrice Nolan

From Mike Bloomberg to Jamie Dimon to ‘staunch capitalist’ Kathy Hochul, New York’s likely next Mayor Zohran Mamdani is meeting with lots of people

Mamdani also signaled to The New York Times that he'll apologize for calling the NYPD "racist" during a 2020 George Floyd protest.

yesterday 3

Fortune

Nick Lichtenberg

Authorities say Charlie Kirk’s alleged assassin left behind bullet casings with antifascist messages and a plethora of gamer and Gen Z slang

"I will leave that up to you to interpret what those engravings mean," Utah Gov. Spencer Cox said, adding that one in particular "speaks for itself."

yesterday 3

Fortune

Nick Lichtenberg

FTC launches inquiry into the great teenage chatbot companion problem

The FTC said it wants to understand how companies have worked to limit the products’ use by and potential negative effects on children and teens.

yesterday 3

Fortune

Barbara Ortutay

Centene stock uncertainty as ACA subsidy expiration looms: What investors need to know about rising medical costs and 2026 Marketplace risk

Centene’s recent stock drop is closely linked to a combination of higher-than-expected medical costs amid challenging trends in the Affordable Care...

yesterday 3

Fortune

Ashley Lutz

ChatGPT bans evolve into ‘AI literacy’ as colleges scramble to answer the question: ‘what is cheating?’

“The cheating is off the charts. It’s the worst I’ve seen in my entire career,” says Casey Cuny, who has taught English for 23 years.

yesterday 3

Fortune

Jocelyn Gecker

‘If you’re on time, you’re already late,’ Selena Gomez says—and it’s a lesson for unpunctual Gen Z

Selena Gomez says she arrives 30 minutes early to every appointment: “I like to be prepared."

yesterday 3

Fortune

Jessica Coacci

We studied America’s entrepreneurs and found too many of them were burned out, anxious and depressed. We need a well-being revolution

The factors that fuel entrepreneurs' ambition can also create a sense of isolation.

yesterday 3

Fortune

Samantha Dewalt

Starbucks CEO Brian Niccol’s turnaround plan—and whether analysts think he’s earning his $100 million pay package

Niccol has been trying to reverse Starbucks’s falling sales by returning to its coffeehouse origins.

yesterday 3

Fortune

Molly Liebergall

Why Is America’s 911 system still running on decades-old infrastructure?

Air traffic controllers aren’t the only ones in short supply. 911 dispatchers are, too.

yesterday 3

Fortune

Jason Truppi

Return-to-office mandates are corporate helicopter parenting—and it’s hurting everyone involved

Return-to-office mandates come at a cost, especially for working parents, and mothers in particular.

yesterday 3

Fortune

Liz Teran

Battered but unbroken

Terrorists brought down capitalism's towering symbols—but not capitalism itself.

yesterday 3

Fortune

Scott Olster

Former Goldman Sachs CEO during 2008 crash says markets are ‘due’ for a crisis: ‘It doesn’t matter that you can’t see where it’s coming from’

“There's a lot of 1% risk, but it's not a 1% risk that something bad will happen,” Lloyd Blankfein said in a recent interview.

yesterday 10

Fortune

Sasha Rogelberg

Wall Street’s future hinges on a risky bet about what the American economy will do next

The future of markets ride on whether this risky bet pays off.

yesterday 6

Fortune

Stan Choe

Ray Dalio calls for wealth ‘redistribution policy’ when AI and humanoid robots start to benefit the 1% to 10% more than everyone else

The hedge fund billionaire sees a "limited number of winners and a bunch of losers" with the 1% to 10% "benefiting a lot."

yesterday 50

Fortune

Nick Lichtenberg

Charlie Kirk’s murder is the latest violent act to put public-facing leaders on edge

Also: All the news and watercooler chat from Fortune.

previous day 4

Fortune

Diane Brady

$1 billion berry startup Fruitist hires tech finance chief as its new CFO

Rich Sullivan brings more than 20 years of experience to the role.

previous day 10

Fortune

Sheryl Estrada

Is there a crypto bubble? Yes, says CEO of $15 billion exchange Kraken

Arjun Sethi said he’s bullish long term but believes we’re in a short-term hype cycle.

previous day 2

Fortune

Ben Weiss

Opendoor brings back its founders and welcomes a new CEO from Shopify—who could earn $2.8 billion if he sends the stock soaring

If Kaz Nejatian can clear all the performance hurdles in his compensation package, he’ll own 11.6% of the tech company.

previous day 10

Fortune

Amanda Gerut

Third Space’s CEO follows an 80/20 rule for eating out, competes in triathlons at 54-years-old and made startup investments he regrets

Third Space CEO’s worst investment? “A handful of startups that have gone bust…”

previous day 7

Fortune

Orianna Rosa Royle

The 34-year-old CEO of P.F. Chang’s wakes up at 4 a.m. and runs 8 miles every day. Here’s the Wall Street wunderkind’s daily routine

Damola Adamolekun says he doesn’t need work-life balance.

previous day 300

Fortune

Payton Kirol

Why the founder CEO of $22 billion Ramp tracks every single day his unicorn startup has been in existence

Two thousand three hundred and sixty-seven days. Exactly.

previous day 20

Fortune

Jason Del Rey