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Jason Karp left the hedge-fund world in 2018 to go fully in on his healthy-foods business.
He tells Insider that top hedge-fund founders have since called to pick his brain on leaving. They want more purpose and . they can t admit it out loud because they re billionaires.
For Jason Karp, working in finance was rewarding. He made millions, won awards, and started a business that employed dozens of people.
But in 2018, after a couple of tough years at his hedge fund, Tourbillon, he left the only industry he d ever worked in to dive into a space that he now sees is his true passion: healthy foods.
Hedge Fund and Insider Trading News: Russell Clark, Jason Karp, Viking Global Investors, Elliott Management, Mudrick Capital Management, UMH Properties, Inc (UMH), Titan Machinery Inc. (TITN), and More
Elliott Management Corp. has taken a sizable stake in software company Dropbox Inc., the latest target for the activist hedge fund, according to people familiar with the matter. Elliott has told Dropbox it is the company’s largest shareholder after Chief Executive Officer Drew Houston, the people said. That suggests the hedge fund owns a stake of more than 10%, worth well over $800 million. The two sides have been in talks since earlier this year.
The Hedge-Fund Superstar Jason Karp Shuttered His $4 Billion Firm to Build a Health Food Empire He s Modeling After Berkshire Hathaway. And He s Using.
A draft of a plan outlining a vision for a trail network in the so-called Triangle Area between Belgrade, Bozeman and Four Corners was released this week for public review