The Fearless Fund closed its first $25 million fund to invest capital in startups founded by women of color. Read More
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This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. U.S. futures are in the green on the back of strong results from Amazon and Alphabet’s Google yesterday. But, don’t look now: GameStop is up 11% in […]
The hottest IPO of 2021 has already cooled off
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Electric truck manufacturer Rivian missed a key production target and faces rapidly rising competition in its push to become the next Tesla. Read More
The COVID pandemic pits competition against collaboration
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The biopharma world has united around the COVID containment cause. But there’s still plenty of work ahead.