Business | Ad space for equity

Could an unusual venture-capital model be taking off?

|BERLIN |4 min read

This article appeared in the Business section of the print edition under the headline “Air for shares”

China’s military rise

From the April 7th 2012 edition

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The Saks Fifth Avenue flagship store in New York.

How Saks Fifth Avenue’s owner went bust

The posh department-store group has itself to blame

Elon Musk

Elon Musk’s chatbot, Grok, comes under fire for nude deepfakes 

The real power to discipline it, though, lies outside governments


The Snow King mascot attracts customers outside a recently opened branch of Mixue in Koreatown, New York on January 4th 2026

A new generation of Chinese companies is expanding around the world

They are following a different playbook from that of their elders


Who will cash in on Venezuelan oil?

Big rewards will require taking big risks

Job applicants are winning the AI arms race against recruiters

Companies have been hit by a wave of chatbot-generated applications

Bartleby

The problem with promotions

The Peter principle is alive and well