Correspondent
Grant Hollis
5 stories
Eleven pre-IPO funds, more than 800 investors, and the markup the SEC says nobody was told about
A civil complaint filed in Manhattan federal court on 14 August 2026 alleges that Andrew Spaventa and three companies he controls raised more than…
Grant Hollis·6 min
The Federal Reserve ended a bank order it had already handed away
The Board terminated its 2024 enforcement action against United Texas Bank of Dallas this month, months after the bank left Federal Reserve…
Grant Hollis·6 min
The markup was the product
A federal complaint says more than 800 people paid for pre-IPO exposure to companies including Anduril, Anthropic and SpaceX at prices the regulator…
Grant Hollis·5 min
Twenty-Nine Per Cent of Chatbot Answers About Voting Were Wrong, and Google Has Just Opened the Gate
After blocking election questions in 2022 and 2024, the company is now adding voting information to Gemini, at a moment when independent testing…
Grant Hollis·3 min
There Is 45 Billion Dollars of Demand for Climate Resilience and Almost Nothing to Sell Into It
Insurers have been pricing this risk with real money for years, and the money that arrives after a disaster is still structured to rebuild exactly…
Grant Hollis·3 min