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SF billionaires, tech & business leaders have banded together to support the new mayor. “We need to be kind of a force for helping city hall in any way we can to go forward with the improvements our new mayor is eager to make." Reporting w/Biz Carson bloomberg.com/news/articles/…

NEW: OpenAI expects its revenue will triple this year to $12.7 billion, according to a person familiar with the matter Last year company made $3.7b in annual revenue, expects to be cash flow positive by 2029 w/ projected $125b in rev w/ Bailey Lipschultz bloomberg.com/news/articles/…

"This is, put bluntly, not fun. Before I met my partner, getting sick while living alone seemed totemic of everything I disliked about being single. Now it seems as luxurious as a week in the Caribbean. Imagine feeling ill and just sleeping!" newyorker.com/culture/the-we…

The fog is lifting in San Francisco, and deep-pocketed, big-name believers (including Ive, Sacks, Pelosi, Curry, Ghazi, Brin and Flynn) are playing a part in it. Here's how San Francisco's commercial real estate is beginning to recover: bloomberg.com/news/features/…

Elon Musk is about to put his stamp on a government - one that's some 1,500 miles away from Washington D.C. and Donald Trump's White House. Welcome to what's likely to become his new city: Starbase A great story by Madlin Mekelburg and Loren Grush: bloomberg.com/news/features/…

A post-earnings rally in Hims & Hers Health has turned co-founder and CEO Andrew Dudum into a weight-loss billionaire bloomberg.com/news/articles/…

Michael Moritz's Crankstart is among the first major donors to step up to fund homeless shelter beds in the city in the launch of the Breaking the Cycle Fund. There's $37.5 million funded already - but who else will step up? New story from Eliyahu Kamisher bloomberg.com/news/articles/…

Tech CEOs/founders normally go out of their way to retain control of their company, often through dual class or super-voting shares. CrowdStrike was the same - until recently. Its CEO has gifted millions of shares and drastically cut his voting power: bloomberg.com/news/articles/…

NEW: The Lilly Endowment has overtaken the Gates Foundation as the largest private foundation in the US on the back of the weight-loss drug craze. Its nearly $80 billion in assets at the end of 2024 surpassed Gates' $77.2 billion. bloomberg.com/news/articles/…

Jaw-dropping read: "Thomas Keller is fidgeting on the bench next to mine in the empty courtyard of the French Laundry ... This is not something he is accustomed to doing, he says — asking a critic to leave." By MacKenzie Chung Fegan GIFT LINK: sfchronicle.com/food/restauran…

BREAKING: OpenAI is buying Jony Ive’s secret AI company io for $6.5 Billion and will develop a slew of devices. Ive, in his return to hardware, and LoveFrom will oversee OpenAI design. All the details, including interviews with Ive, Sam Altman & others — bloomberg.com/news/articles/…

This is both an acquisition announcement and a love letter to San Francisco.

Incredible reporting by Max Abelson and Annie Massa on the depth and scale of Trump family's moneymaking since he kicked off his campaign.

Why are preschools such a billionaire project area?

Exclusive: Elon Musk tried to use his relationship with President Trump to derail Sam Altman's AI data-center deal in Abu Dhabi on.wsj.com/4kkIqUo

Joe Lonsdale has a new company - and it's in San Francisco 👀 bloomberg.com/news/newslette…

Inside Daniel Lurie’s charm offensive on the rich: Lunches with billionaires at a Michelin starred restaurant, standing ovations, and an affordable housing cut. W/Biz Carson (Read till the end for the mayor’s off-menu meal at Quince) bloomberg.com/news/features/…

Billionaire Nvidia director Mark Stevens unloaded more than 1 million shares of the chipmaker this week as the stock rebounds from a slow start to the year ... and could be selling a lot more filings show bloomberg.com/news/articles/…

Billionaires are really interested in your brain, and the latest is Coinbase's co-founder who wants to build a headset that can improve your mood with the push of a button. New from me and Ike Swetlitz on what Fred Ehrsam is building with a bunch of ex-Neuralink folks

Absolutely obsessed with this line-up