DISCOVER FINANCE

Would you take a chance on a drug that is unfinished but could generate billions in future revenue? For the world’s largest pharmaceutical companies, the answer is yes. Rather than discovering a drug from scratch, Big Pharma has increasingly begun licensing and acquiring drugs from smaller biotech companies or outright buying the companies as a whole. However, they aren’t investing in a finished result, but in a set of rights, patents, and pipelines. While you may think they

The United States is renowned for attracting the world’s smartest scientists, researchers, and entrepreneurs. High salaries, leading universities, and enormous amounts of research funding make America one of the best places in the world to build a career. Recently, that trend seems to be reversing. One Nature survey found that 75% of researchers in the U.S. are considering leaving the country. Applications from American scientists seeking jobs in Canada increased by 41%, and

Peter Thiel is one of Silicon Valley’s wealthiest and most influential investors; unlike Elon Musk and Mark Zuckerberg, though, most of his fortune doesn’t come from one single company. Thiel has spent decades building a network of investments across various industries like technology, finance, defense, and politics. His rise began with PayPal. After initially investing $100,000 into the company that became PayPal, he received an even bigger payout after eBay acquired it in 2

The video game industry should be having its best years ever. More people are playing games, spending more time playing, and buying more in-game content. The video game industry currently generates between $200 and $350 billion in annual revenue, making it one of the largest forms of entertainment in the world. However, many of the companies behind these games are struggling internally. One of the major problems is that gamers are spending more time playing fewer games. In 20

Exactly two years ago, Leopold Aschenbrenner launched a hedge fund centered around one core idea: artificial intelligence was going to reshape the economy. He managed to raise $225 million from prominent Silicon Valley figures such as Patrick and John Collison, Nat Friedman, and Daniel Gross. For a while, the bet worked; through an explosive 439% return in the first half of 2026, Aschenbrenner and Situational Awareness scaled that initial seed capital into upwards of $45 bill

You may have heard that over the past few years, some of the world’s largest tech giants have laid off tens of thousands of employees. Meta alone has eliminated almost 40,000 positions through multiple rounds of cuts. Other big names like Google, Amazon, and Microsoft have all announced major layoffs of their own. However, despite cuts, these companies still employ almost the same number of people as they did before the layoffs. So what’s the point? Originally, companies arg