Even a shortened IPL with just Indian players would be good enough in these "extraordinary times", Rajasthan Royals CEO Ranjit Barthakur said on March 1, revealing that a final call on the glitzy event's fate is unlikely to be taken before April 15.The top executive expressed his franchise's wish even as the number of positive cases and death toll due to the pandemic continued to rise across the world.The BCCI is yet to take a decision on the 13th edition of the lucrative league, which remains postponed at least till April 15 due to the coronavirus pandemic and the resultant travel restrictions on foreigners' entry to India. It was originally supposed to start on March 29."We are open to a shortened tournament with only Indian players, at the end of the day it is the Indian Premier League" Barthakur told PTI. … [Read more...] about IPL 2020: Rajasthan Royals CEO Barthakur open to shortened league among Indian players only
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While local food and drink establishments are collapsing, many local liquor stores are thriving, according to data from Drizly, an online ordering platform for liquor store deliveries. By the week of March 9, Drizly’s sales had jumped 60% over what the company had forecast before the crisis. In subsequent weeks, sales have been up close to 300% over projections. (Drizly just launched an online dashboard tracking how COVID-19 is affecting alcohol sales around the country.) … [Read more...] about With bars and restaurants closed, boozing at home is booming
In the murky world of private-market ownership, startup employees sign up for hard work and a shot at IPO glory but often wind up empty-handed (just ask anyone who took a chance on a former rocketship). Why can’t large private companies share the wealth and behave more like public ones? Enter Carta. Founded in 2012 and today valued at $1.7 billion, it helps more than 13,000 private companies manage their cap tables—records of the securities a company has issued, who owns them, and how much they’re worth—providing rank-and-file employees transparency and leverage in a system historically prone to abuse. In early 2019, it launched scenario-modeling tools to assist investors and companies seeking to optimize exits. (Carta offers its own employees liquidity events—a chance to cash out—every 12 to 18 months.) “The wave of the future,” says Carta chief people officer Nolan Church, “is private.” … [Read more...] about This $1.7 billion business helps private company employees manage their stock and options even before an IPO
For the past three weeks, Heaven Frilot (pronounced FREE-low) has been quarantined at home with the couple’s 10-year-old son, Ethan. As her husband was in the hospital, Heaven Frilot found herself serving as something of an interpreter for her conservative community in Kenner, Louisiana, about the severity of the illness. Some, citing right-wing media figures like Rush Limbaugh, had waved the virus off as unserious. Friends and strangers alike who heard of her story, whether via Facebook or media reports, sent food, toys for Ethan and messages saying that Mark Frilot’s diagnosis had opened their eyes to the reality of the pandemic. … [Read more...] about Coronavirus pandemic | Life, COVID-free, after 22 days in the hospital
Voom plans to expand to other Brazilian cities first, then to Latin American neighbors such as Mexico City, Bogotá, and Buenos Aires. The next step will be to similar cities in Asia, such as Jakarta, Indonesia, and Manila, Philippines. Los Angeles would be a good candidate, says Subramanian, but regulations over noise pollution will make it tougher to get started. By then, perhaps sci-fi autonomous craft (like Airbus’s own Vahana) will be available. “When future technologies come about, we will be ready,” says Subramanian. … [Read more...] about Here’s why South America is getting helicopter ride-sharing before the U.S.