A Barclays report on wealthy individuals worldwide notes that 47 percent of rich Chinese intend to move abroad in the next five years
More than a third of Americans are obese, but new pharmaceutical treatments have been slow to take off. Will Contrave figure out how to sell weight-loss drugs in the U.S.?
New data from the CDC show the increase in overdose deaths among whites far outpaced those among other races
The Android One starts at about $105
Calpers thinks hedge funds are too expensive and basically more trouble than they're worth. Could this be the start of a trend?
A business card with a brain can be customized for different recipients
"It's so much more than just a soda for many of us," says Evan Carr, the 26-year-old founder of the Surge Movement
The Consumer Financial Protection Bureau is suing Corinthian, a for-profit college operator, alleging abusive debt collection and deception
A report finds high default rates on franchise loans
Reid Hoffman, 42
Chairman, co-founder, LinkedIn
Reid Hoffman’s LinkedIn profile
No. of Angel Investments: 49
Companies funded (a sampling): Digg, Facebook, Flickr, Friendster, Ning, Zynga
Reid Hoffman has one of the hottest angel portfolios in Silicon Valley. He’s an investor in Facebook and Zynga, two companies said to have hit the $1 billion valuation mark. Other investments, such as Flickr, Last.fm, and IronPort Systems, have been sold to Yahoo! ($35 million), CBS ($280 million), and Cisco ($830 million). His professional social network LinkedIn, which recently reached 60 million members, is a strong IPO candidate—and another company said to have a $1 billion valuation. In November, Hoffman joined VC firm Greylock Partners. That’s in addition to his current LinkedIn gig.