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Face masks hit the American retail market last year with unprecedented demand. When the pandemic came, small businesses turned to masks to make up for lost sales. For some, masks became a last hope to keep their companies afloat and provide for their families. Darwin Manahan sat at the head of his dining table, surrounded by a team of friends helping out with his events business. To Manahan s right, his business partner, Pascale, was confirming the final sponsor for the Barbie festival they would be working that weekend. It was March 3, 2020, in Los Angeles, four days before Manahan s birthday. His pregnant wife, Nikki, was walking around the apartment working on aprons for another business that the couple founded together, Manahan & Co. It would provide custom aprons for the staff at the festival, enough orders for the month. ....
Christopher Polk/Getty Images for People s Choice Awards; Marla Aufmuth/Getty Images for Watermark Conference for Women; Brian Ach/Getty Images for TechCrunch; Isabel Infantes/PA Images via Getty Images; David Ramos/Getty Images; Nathan Congleton/NBC/NBCU Photo Bank via Getty Images; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Divesh Makan has spent a decade building ultra-secretive wealth-management firm Iconiq Capital. It caters to the elite of the technology industry and is now quietly recruiting A-list celebrities. Iconiq has invested billions of dollars in top startups, documents obtained by Insider show. ....
Samantha Lee/Insider SPACs are taking real-estate tech companies public, and real-estate companies are raising SPACs. It s partly timing: Proptech companies are maturing at the same time as the SPAC boom. VCs said proptech, which brings new business models to an ancient industry, is well suited to SPACs. Between 2020 and 2021, almost 500 special purpose acquisition companies were filed. In 2019, there were only 59. This tidal wave is due to a combination of low interest rates, big public-market valuations, and large financial incentives for SPAC sponsors and private investors. And now this surge is coming to the vast field of real-estate and construction startups known as property technology. ....
The Redfern Legal Centre (RLC) is calling on the NSW Police to release its internal operating procedures on steps to apply when beginning an investigation into an alleged sexual assault, writes Kerry Smith. ....
Could singer Tyrese have a new leading lady in his life? People on social media certainly think so after the "Sweet Lady" crooner posted a video of ....