🚀 Boeing CEO to Step Down

PLUS: Adam Neumann trying to buy back WeWork, Reddit CEO defends his $193m compensation.

Dear founder, here’s your 3-minute recap (without the fluff):

In Partnership With

April 4, 2024, 10 am to 12 pm PT. 

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Attention - Hate CRM updates? AI automates data entry, emails, & scoring for a $250k ARR boost. Try Attention! (link)

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Zaplify - Love prospecting? You’ll HATE Zaplify! 6.7X your leads with 1 tool doing something else (link)

Pickaxe - A no-code platform that lets you create and embed GPT-4 apps on your website in minutes (link)

SaneBox - Identifies important emails and automatically organizes the rest to help you stay focused (link)

Hexowatch - An AI-powered platform transforming website monitoring for enhanced collaboration and productivity (link)

Trolly AI - Helps to create professional SEO articles, 2x faster (link)

📚 Resources

25 storytelling lessons from Shaan Puri (link)

Curation of smart words from creative people (link)

NVIDIA’s CEO on how to structure a company (link)

Steve Jobs's response to an insult in 1997 (link)

PS. If you’re interested in this AI stuff, you should sign up for our other newsletter - Prompts Daily. It has 100,000+ readers (Executives, VCs, and engineers). Sign up with one click.

💰 Funding

Cogna's AI-powered SaaS raises $4.7M to improve industry problem-solving (link)

Redcoat AI emerges from stealth with $4.24M in funding to revolutionize cybersecurity in the generative AI era (link)

💼 Job Board

Lead UXR Manager, FAIR at Meta (US)

Engineering Manager, ML at Reddit (Remote)

💌 Etcetera

Falcon vs car

Population growth by region (1900-2050F)

On-animal cameras reveal hidden whale world

The world’s biggest cloud computing service providers

Could you pass the presidential physical fitness test today?

A total solar eclipse is coming. Here’s what you need to know

The surprising impact of wind turbines on US property prices

20 renovation projects to upgrade your home on a small budget

It's about time: 10 meals that take 10 minutes, and 10 that take 10 hours

🗞️ News 

Boeing CEO to Step Down

Boeing CEO Dave Calhoun will step down by the end of 2024 as part of a significant management restructuring. Chairman Larry Kellner will not seek reelection, and Stan Deal, CEO of the commercial airplane unit, is departing immediately. This move follows increased scrutiny over quality control issues faced by Boeing executives.

The stock rose 1.71% in response to the news. The changes aim to address concerns raised by regulators and customers, signaling a pivotal moment for the aerospace giant.

Adam Neumann Trying to Buy Back WeWork

Adam Neumann, the co-founder of WeWork, has submitted a bid of more than $500 million to acquire WeWork out of bankruptcy, with the potential for the bid to reach $900 million pending due diligence. Despite offering over $500 million, Neumann faces challenges in securing financing and support from creditors for his bid to buy back WeWork.

Rithm Capital is one of the potential financial backers for Neumann's bid, but their involvement is still in the early stages.

Reddit CEO Defends His $193M Compensation

Reddit CEO Steve Huffman addressed criticism over his $193 million pay, emphasizing that it includes salary and stock. Huffman's compensation is tied to performance metrics and aligns with Reddit's growth and IPO goals. Despite the backlash, Huffman's pay structure aims to align his interests with shareholders, with a significant portion tied to company success post-IPO.

That’s it for now!

Hope you enjoyed this week’s edition! See you next week.

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