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5 Of Venture Capital’s Biggest Players | The Countdown | Forbes

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These tech investors have made star careers out of spotting such companies ahead of the curve and making bigger, bolder bets on their success. They’re led by Sequoia China’s Neil Shen, himself a former entrepreneur and backer of leading companies from Alibaba to TikTok owner ByteDance. Shen is one of a record 22 Chinese investors on the 2020 list. While roughly one fourth of the list have been on the list for 8 years, 12 newcomers and six returnees (people who had dropped off previously) made the cut thanks to a mix of exits older like Dropbox, Spotify and Xiaomi; and new ones like Slack, Uber and Zoom. Only 11 of the Midas members are women, one less than a year ago.

To qualify, investors are ranked by their portfolio companies that have gone public or been acquired for at least $200 million over the past five years, or that have at least doubled their private valuation since initial investment to $400 million or more over the same period. Forbes and TrueBridge put a premium on exits over unrealized returns, large multiples on capital invested or huge cash sums returned as of March 2020, just as coronavirus swept the globe. A data-driven list, Midas is produced after reviewing the submissions of hundreds of partners across dozens of firms each year.

Read the full profile on Forbes: https://www.forbes.com/midas/

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Inside America’s Food Supply Chain Under Covid-19 | Forbes

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Under the Covid-19 pandemic, America’s food supply chain is experiencing disruption. Because the chain relies predominantly on human labor, the supply chain is at risk because its workers are at risk. Take a look inside the different parts of the industry that have been affected.

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Florida Defied Covid-19 Predictions. Is It A Model For Reopening? – Steve Forbes | Forbes

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Steve Forbes on why Florida dodged a devastating coronavirus outbreak and how Governor DeSantis’ early response and his data-driven approach to reopening the state offer a blueprint on balancing public safety with getting the economy back on track.

Let Steve know what’s on your mind and any topics you’d like to see covered in future episodes!

What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
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Naomi Osaka Is The Highest-Paid Female Athlete Ever | Forbes

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Naomi Osaka was only a year old when Serena Williams won her first grand slam title in 1999. Nineteen years later, Osaka beat Williams at the U.S. Open finals to win her first grand slam. It was one of the most controversial matches in Open history involving three code violations called against Williams. Now the 22-year-old ace has beaten her legendary rival once again, this time for bragging rights as the highest-paid female athlete in the world.

Osaka earned $37.4 million the last 12 months from prize money and endorsements, $1.4 million more than Serena, setting an all-time earnings record for any female athlete in a single year; Maria Sharapova held the prior record with $29.7 million in 2015.

The ascension puts an end to a decisive winning streak for Williams, who has been the world’s highest-paid female athlete each of the past four years, with annual pre-tax income ranging from $18 million to $29 million. The 23-time grand slam champion has collected almost $300 million during her career from endorsers who have swarmed the 38-year-old star.

Osaka’s rise to the head of the charts was a perfect convergence of several factors. She first proved herself on the court, with back-to-back grand slam titles at the 2018 U.S. Open and 2019 Australian Open. That plus her heritage—a Japanese mother and Haitian-American father—helped separate her from the pack; at only 20 when she won her Open title, she had a cool factor and engaging personality.

Osaka’s roots are crucial to her endorsement stardom. She was born in Japan. When she was three, she and her family moved to the U.S., settling on Long Island and then heading to Florida; older sister, Mari, also plays on the pro circuit.

Read the full profile on Forbes: https://www.forbes.com/sites/kurtbadenhausen/2020/05/22/naomi-osaka-is-the-highest-paid-female-athlete-ever-topping-serena-williams/#5cb5703d1fd3

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