Andrew Ross Sorkin

Andrew Ross Sorkin


@NYTimes Columnist/Editor & @CNBC Squawk Box Co-Anchor. Author, Too Big To Fail. Founder, @DealBook. Co-Creator/Exec Producer, BILLIONS @Showtime. Proud Dad.

857516 followers  •  3085 follow  •  Eastern Time (US & Canada)  •   http://nytimes.com/dealbook

To me, SPACs are the new venture capital. The good news is it democratizes opportunity to hit home runs. It also democratized opportunity to lose. Most VC deals fail. Public needs to understand full scope of risks. They are called “story” stocks for a reason.

By the way, my quoting this article was not an endorsement of Schwarzman’s role. I thought it was a funny line from a pension fund manager. For those of you who read @dealbook  , I’ve described Schwarzman as an “enabler.” Don’t @ me.

Okay. What time are these pardons coming? Place you bets below...

“We’ll lead not by the example of our power but by the power of our example.” President Biden

I've long believed that @opinion_joe  has an ability to write about business like no one else. And this piece proves it once again.

Fascinating statistic from @ezraklein : "The Senate is split 50-50, but the 50 Democrats represent more than 41 million more Americans than the 50 Republicans." He says, "This is not a good system."

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So Trump has access to the nuclear codes but he can't Tweet or post to Facebook.

There is a financial literacy epidemic in America. Quick lesson: NYC wasn’t handing cash to Amazon. It was an incentive program based on job creation, producing tax revenue. There isn’t a $3 billion pile of money that can now be spent on subways or education.

Please pray for my pal @DavidLat ⁩. He is only 44 years old. He is a brilliant mind and a kind soul. All of us are pulling hard for him right now. #COVID19  #StayAtHome 

I've been working on this NYT project for months: Many of the deadliest mass shootings in the US were carried out by killers who used credit cards to buy high-powered weapons+ammunition that they couldn’t otherwise afford. No one was watching.

Last month I wrote an open letter to the CEO of @Walmart  about ending gun violence. I got an email that day from @LEVIS  CEO Chip Bergh that it got him “thinking” about what more could be done. Today, he got 145 CEOs to do this:

With apologies @MelanieWhelan1 , level with customers. Mr. Ross has a controlling stake in @soulcycle . He is not a passive investor by any definition. Which means your profits are his profits. He's using his profits to support Trump. That's the reality.

I’m terribly distressed by the disappearance of journalist Jamal Khashoggi and reports of his murder. I will no longer be participating in the Future Investment Initiative in Riyadh.

Why is it that Nebraska businesses are getting 90% of PPP loans approved and NY/NJ businesses, the hardest hit, getting a fraction of that?

I am so moved by the words of @KillerMike . I’ve watched and rewatched this. It is worth watching in its entirety no matter your politics, race or anything else. None of it should divide us. #Together 

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