Business

Plus: Chattin' with Betches | Saturday, April 30, 2022   Open in app View in browser   Presented By Latham & Watkins   Axios Pro Rata By Kia Kokalitcheva · Apr 30, 2022 Happy Saturday — I'm back in your inbox one last time before Dan returns for our regularly scheduled Monday programming 🙂. 🚨 Reminder: Feel free to send me tips or comments by replying to this email or on Twitter @imkialikethecar . Today's newsletter is 1,201 words, a 4½-minute read.     1 big thing: TikTok stars close second VC fund Illustration: Sarah Grillo/Axios   Animal Capital, a venture firm that counts TikTok superstars Noah Beck, Josh Richards and Griffin Johnson among its partners, has raised over $35 million for its sophomore fund and inked a partnership with Betches Media. Why it matters: Celebrity in...

Plus: His Twitter ideas | Friday, April 29, 2022   Open in app View in browser   Presented By Latham & Watkins   Axios Pro Rata By Kia Kokalitcheva · Apr 29, 2022 Happy Friday — hope you're all as excited for the weekend as I am!     Top of the Morning Illustration: Eniola Odetunde/Axios   Given a string of deal news landing over the last 24 hours, let's do a lightning round before we head out for the weekend: Elon's Twitter: According to Reuters , Elon Musk floated potential plans to cut headcount and other costs post-acquisition during deal discussions with bankers. This isn't in the least bit surprising since he'll need to generate profits to repay the debt he's using for the purchase. (Though it's also counter to his previous comments about not caring about the company's econ...