Black Buck is a how-to manual for succeeding in sales, wrapped up in a brutal satire of start up tech culture, with a heavy dose of racial commentary disguised as satire. I say disguised because a lot of what our young sales star Darren experiences in the book seems completely absurd to me. But I’m a white dude. I expect most black people would just be nodding their heads thinking, yep, been there done that. I can't imagine this not being in my top 5 book list at the end of the year.
In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the female Steve Jobs: a brilliant Stanford dropout whose startup “unicorn” promised to revolutionize the medical industry with a machine that would make blood testing significantly faster and easier. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes’s worth at an estimated $4.7 billion. There was just one problem: The technology didn’t work. [more inside]
Gimlet is growing fast. There are four shows on the air, and several others in pre-production. If they want to grow faster, though, they could use some more cash. Matt and Alex head back into the world of venture capital, deciding whether or not to raise another round of financing, this time, much bigger.