Lehman Brothers is the largest ever bankruptcy

They held $691B in assets

Here's the best slides from their 'Risk Management' deck:

Picture this:

London, 1609. You've got the craziest pitch in history.

Plant a colony in America.

Nobody's done it.
It'll cost a fortune.
And, half your investors might die crossing the Atlantic.

How do you raise money for that?

The Virginia Company had an answer: They needed serious capital for something that sounded completely insane.

So, they crafted the perfect story.

They created "Nova Britannia".

They painted Virginia as paradise. Flowing with "excellent fruites." Perfect weather. Gold everywhere.

Palantir just reported their first $1B quarter

Their co-founder, Alex Karp is all-time eccentric...
- lives in seclusion, without cell phone
- never learned to drive “I was too poor and then I was too rich”
- carries tai chi swords around the office

Here's their earnings deck: First, in Karp's letter to shareholders...

Chamath made $213M SPAC'ing Virgin Galactic

The stock is since down 94%

Here's their pitch deck:

Chamath SPAC'ed OpenDoor at a $4.8B valuation

The market cap is now $437M, down 90%

Here's their pitch deck:

Goldman Sachs analysts reveal "inhuman & abusive" working conditions

View the leaked deck:

Stratton Oakmont defrauded 1,500 investors of $200MM

Jordan Belfort gave this 'sales script' to his 1,378 employees:

Bill Ackman released a 49-slide deck on Harvard

"Buy, Sell, or Hold"

Here's the top slides:

Herbalife is a $5B pyramid scheme

Here's their distributor pitch deck:

BlackRock's fixed income platform manages $1.9T

Here's their pitch deck:

Soho House stock is down 54% all time

Its largest owners are considering going private after a short seller report draws comparisons to WeWork

Here's the pitch deck and report:

Reddit is going public at a $5B valuation

Here's their pitch deck:

Herbalife is a $5B pyramid scheme

Here's their distributor pitch deck:

OpenAI has raised $11.3B

Here's their pitch deck:

Perplexity AI raised $103M from Jeff Bezos, Nvidia, and others to replace Google Search

Here's their pitch deck:

Stratton Oakmont defrauded 1,500 investors of $200MM

Jordan Belfort gave this 'sales script' to his 1,378 employees:

Bird Scooter raised $883M and was valued at $2.5B

They just filed for bankruptcy

Here's their pitch deck:

In 2021, Callaway acquired Topgolf for $2B

Here's their pitch deck on the deal:

Constellis is a private military doing $2B in annual revenue

They own 10 companies, including Blackwater, with 22,000 global employees

Here's their pitch deck:

The MSG Sphere cost $2.3B to build

They charge $450k for one day of advertising

Here's their pitch deck:

Public Storage bought Simply Self Storage from Blackstone for $2.2B

Here's their pitch deck on the acquisition: