A Proposed Billionaire Tax Exposes the Dual-Share Racket

Published on May 6, 2026

For several of California’s most prominent tech billionaires, the 5% wealth tax might be far higher.

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SEC Unveils Plan to Let Companies Move to Semiannual Reports

May 6, 2026
Under the proposal, companies that elect to file semiannual reports would file one such report and one annual report for each fiscal year in lieu of three quarterly reports and one annual report.

Private Markets Have Institutionalized, but Operations Have Not

May 6, 2026
The gap between capital scale and operating infrastructure is growing.