India’s Jio Platform, the telecom and internet arm of Indian billionaire Mukesh Ambani’s Reliance Industries, sold a $1.5 billion stake to private equity firm Vista Equity Partners, coming soon after it sold stakes to Facebook and Silver Lake, another private equity firm. Jio transformed India by spending billions to offer cheap, high-speed cellular data to hundreds of millions of users. It also...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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