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*Source: Hamilton Lane data, Bloomberg as of January 2024. Past performance is not a guarantee of future returns.
All securities come with specific risks not limited to a total loss of your investment. Past performance is not indicative of future results. Please review the risks specific to this investment on the HLPIF deal page hosted on Republic.com/hlpif

Markets move fast—and so do we.

Starting this week, Finance Wrapped hits your inbox three times a week, not just once.

Each edition will have a clear focus:

  • Monday: Policy & geopolitics

  • Wednesday: Markets & money moves

  • Friday: Tech & innovation

Same punchy format. Better coverage. More insights.

This week:

  • 🏨 Airbnb Goes Full Service

  • 🎓 Chegg Faces Robot Rivals

  • 🚢 Red Cat Debuts Sea Drones

  • 🚌 Uber (Sort Of) Brings Back Shuttle

  • 🎙️ OpenAI’s Empire Under the Microscope

With how quickly the market and investment climate are changing right now, we can’t afford to fall behind. You can always read the latest and most relevant finance news & updates at FinanceWrapped.com.

📺 YouTube Will Leverage Gemini + Emotions for Ads

Google’s Gemini AI is going to be planning the ad breaks in your YouTube videos soon—by guessing when you’ll be the most engaged with the content.

The plan is for “Peak Points,” the specific AI model trained for the job, to analyze frames and transcripts in order to hone in on the points of a video where viewers are likely to be most interested. The goal is to increase impressions and click-through rates on the platform.

🎓 Chegg Flunks as AI Tutors Disrupt EdTech

Chegg is facing a harsh lesson in disruption as AI-powered tools like ChatGPT and Google’s AI Overviews lure students away from traditional homework help.

The company just announced its third major layoff in under a year, cutting 248 jobs (22% of its workforce) after a 30% revenue drop and a 31% fall in subscriptions. Chegg’s market value has plummeted 99% from its pandemic peak, and CEO Nathan Schultz warns that “business trends will worsen before they get better.”

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🚢 Red Cat Sets Sail With Unmanned Surface Vessels

Red Cat Holdings, known for its aerial defense drones, is now entering the maritime arena with unmanned surface vessels (USVs) designed for combat.

This marks the company’s first move beyond the skies, partnering with a global USV manufacturer to create ships that work in tandem with Red Cat’s drone systems. Following the Army’s recent all-in with AI, it’s worth keeping an eye on the growing unmanned defense sector.

🚌 Uber Tries the Bus (Again) with Route Share

Uber’s new Route Share feature offers scheduled pickups every 20 minutes along busy corridors during commute hours, echoing the classic city bus.

Riders pay up to 50% less than UberX and can share the ride with up to two others, blending convenience with cost savings. This isn’t Uber’s first attempt at bus-like services: UberX Share and Uber Shuttle both tried to capture the shared transit market, but things could go differently this time as Route Share leans even closer to public transportation.

🎙️ OpenAI’s Empire Under the Microscope

In this episode of Hard Fork, Kevin Roose and Casey Newton unpack OpenAI’s surprise return to nonprofit oversight, spotlight Fidji Simo’s move from Instacart to lead the AI company’s applications team, and sit down with journalist Karen Hao to probe the hidden costs of large‑scale AI.

📻 Tune in to:

  1. Understand why OpenAI scrapped profit caps yet kept its nonprofit reins

  2. See what Fidji Simo’s arrival signals for the company’s product push

  3. Explore Karen Hao’s call for democratic oversight of resource‑hungry AI

🎧 Listen on:

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📈 Investing
💰 Wealth building
🎥 Entertainment
👨‍💻 Coding
And more

Check them out here.

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  • Nothing above is financial advice