HumanCo. This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Jason Karp left the hedge-fund world in 2018 to go fully in on his healthy-foods business.
He tells Insider that top hedge-fund founders have since called to pick his brain on leaving. They want more purpose and . they can t admit it out loud because they re billionaires.
For Jason Karp, working in finance was rewarding. He made millions, won awards, and started a business that employed dozens of people.
But in 2018, after a couple of tough years at his hedge fund, Tourbillon, he left the only industry he d ever worked in to dive into a space that he now sees is his true passion: healthy foods.
The Brief: Governance risk in Saudi Arabia, carbon removal, electric freight transit, first time funds in Egypt, ESG in Nigeria, sustainable packaging
impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.
How do you solve a problem like MBS? Saudi Arabia presents a governance risk impact investors can t ignore
impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.
Nikola’s stock selloff accelerates as shares fall below $10
Esha Dey
Nikola Corp. shares fell Tuesday to the lowest since December 2018, accelerating a selloff that has now erased all their gains since the electric-vehicle startup went public via blank-check company last year.
The electric-truck maker – once briefly more valuable than Ford Motor Co. – closed down 6.2% at $9.65 in New York, bringing it below the $10 level at which VectoIQ Acquisition Corp., the special-purpose acquisition company that acquired Nikola, debuted in June 2018.
Nikola’s shares have lost their luster after much fanfare since it closed its reverse merger with VectoIQ in June 2020. That month, it rallied to an intraday high of $93.99, catapulting Nikola’s market capitalization above $28 billion. The company’s valuation has since slumped to $3.8 billion.
Conference shows leadership in developing ESG standards
Cornelia Meyer
Short Url
https://arab.news/j9vp9
The first environmental, social and governance (ESG) conference of the Future Investment Initiative (FII) Institute was a real masterclass in taking into consideration all aspects of ESG standards.
The title of the conference “The Neo-Renaissance: Mobilizing ESG for a Sustainable Future” could not have been chosen more pertinently. The world is emerging from the COVID-19 pandemic, which makes it important to think strategically about the one planet on which we inhabit and how to organize life on it. ESG is an important building block along that thought process. Similarly, the renaissance also marked the passing of a pandemic, the plague, and the transition to a new more enlightened world order.