How and why Zappos works.
How and why Zappos works.
A site for handcrafts flirts with an IPO.
How Lalit Modi built a billion-dollar cricket empire—only to be exiled from his sport and homeland.
How Minnesota became a hotbed of toy invention.
A profile of 21-year-old Dan Cates, who made $5.5 million playing 145,215 hands in 2010.
A story written about Twitter and one its founders, Evan Williams, when the company’s chief source of revenue was subletting desks in their partially filled office.
Immigrant farmers are flocking to the poultry industry – only to become 21st-century sharecroppers for companies like Tyson.
In the late ’80s, Lewis went to Japan to research a hypothetical: what would the economic fallout be if a major quake hit?
An artifact from the era when MySpace was king.
An entrepreneurial primer from the founder of 37Signals. “So here’s a great way to practice making money: Buy and sell the same thing over and over on Craigslist or eBay. Seriously.”
On who will bear the burden of the financial crisis facing cities across America. “Will it be articulated in terms of bond defaults or larger kindergarten classes—or no kindergarten classes at all?”
A profile of Jack Dorsey, co-founder (and displaced CEO) of Twitter. Dorsey’s latest venture, a mobile credit card system called Square that only officially launched in February 2011, already processes more than a million transactions per day.
Relative to the total national income, American corporations are making more money than they have since 1947. The connection behind soaring profits and stagnant unemployment.
“One evening, my home phone rang. ‘You have a collect call from Bernard Madoff, an inmate at a federal prison,’ a recording announced. And there he was.”
“The entire system set up to monitor and regulate Wall Street is fucked up. Just ask the people who tried to do the right thing.”
How the Weinstein Brothers barked their way into an empire and then lost it.
A look at the legislative lobbying efforts of Michael Bloomberg’s $7 billion-per-year company. While the mayor has no specific day-to-day role at Bloomberg LP, he maintains “the type of involvement that he believes is consistent with his being the majority shareholder.”
A primer on income inequality in America.
A newly minted, 34-year-old White House budget director gets a little too candid with a reporter profiling him during Ronald Reagan’s first year in office. Among Stockman’s many admissions: “None of us really understands what’s going on with all these numbers.”
Customer feedback on the New York City coke dealing industry.
On the group of friends who came to rule the bizarre, decreasingly lucrative world of Internet porn.
How a nation went bankrupt. “Ireland’s regress is especially unsettling because of the questions it raises about Ireland’s former progress: even now no one is quite sure why the Irish suddenly did so well for themselves in the first place.”
On the pair of entrepreneurs behind a Wal-Mart of weed in Oakland. The duo is talking IPO. “Everybody I was meeting was a little bit older, more a part of the hippie generation,” says one. “I was like, ‘I bet there’s so much room for innovation and new ideas.’”
Obama’s presidency may well be defined by whether or not he can curb unemployment. Step One: find a decent idea.
How the dream of the Euro became a nightmare.