- Accessories
- Accommodation
- Accounting
- Airline
- Amusement Park
- Analytics
- Appliances
- Art
- Auction site
- Automotive
- Bank
- Beauty
- Bike Rental
- Biotechnology
- Books
- CRM
- Call center software
- Cameras
- Cards
- Chrome plugin
- Cleaning Products
- Clothing
- Coffee
- Collaboration
- Community
- Contact lenses
- Coolers / Tumblers
- Crowd funding
- Cryptocurrency
- Customer support
- Dating
- Department store
- Design tools
- Developer tools
- Digital printing
- Dining / Restaurant
- Direct to consumer
- Domain names
- Drinkware
- E-commerce
- E-commerce store builder
- Education
- Electronic signatures
- Electronics
- Email Service Provider
- Email marketing
- Entertainment
- Event management
- Eyewear
- Fashion
- Finance
- Fitness
- Flight comparisons
- Food & Beverage
- Food delivery
- Form builder
- Fragrance
- Freelancer tools
- Furniture
- Game
- Gaming
- Gifts
- Glasses
- Greetings cards
- Groceries
- Hair
- Health
- Hiring
- Home & Garden
- Hotel comparison
- Hotels
- Insurance
- Investing
- Jewelry
- Kitchen
- Landing page builder
- Language learning
- Linens
- Lingerie
- Live chat
- Luggage / Cases
- Makeup
- Marijuana delivery
- Marketing
- Marketplace
- Mattress company
- Meal delivery kits
- Media
- Messaging
- Museum
- Music
- Musical Instruments
- NFT
- News
- No-code
- Nonprofit
- Nutrition
- Online courses
- Online-course-platform
- Outdoor
- Password manager
- Payments
- Performing Arts
- Personal Finance
- Pets
- Pharmacy
- Photography
- Podcast Hosting
- Podcasts
- Productivity
- Project management
- Property
- Proposal software
- Publisher
- Real estate
- Reviews
- Ride sharing
- Running
- SEO
- SaaS
- Sales tools
- Scooters
- Shoes
- Skincare
- Social network
- Software
- Sports
- Sportsware
- Subscription boxes
- Sustainable Living
- Swimwear
- T-shirt Printing
- Talent
- Telco
- Toys
- Trains
- Transport
- Travel
- Underwear
- VPN
- Video Maker
- Video hosting
- Video streaming
- Voucher/Coupon Sites
- Watches
- Web hosting
- Website builder
- Workforce management
- Writing
- & Other Stories
- &Open
- 1 Hotels
- 1&1
- 1Password
- 3dcart
- 6pm
- A.C. Moore
- ANNA by RadLabs
- ASOS
- AT&T
- AVI-8
- AYR
- Abercrombie
- Accessorize
- Ace Hardware
- ActiveCampaign
- Acura
- Acuvue
- Adapt
- Adidas
- Agolde
- Airbnb
- Aircall
- Airtable
- Alaska Air
- Aldi
- All Saints
- Allbirds
- Almabase
- Along
- Aman Resorts
- Amazon
- Ambronite
- American Airlines
- American Apparel
- American Civil Liberties Union
- American Girl
- American Red Cross
- Anchor
- Animoto
- Ann Taylor
- Anthropologie
- Antidote Street
- Apollo Theater
- Apple
- Architectural Digest
- AriZona
- Aritzia
- Armani
- Armani Exchange
- Armogan
- Asana
- Asphalt Green
- Astley Clarke
- Athletic Brewing
- Auberge Resorts
- Audemars Piguet
- Audi
- Auverture
- Away
- BBC iPlayer
- BECCA Cosmetics
- BMW
- Baby Brezza
- Baremetrics
- Barnes and Noble
- Barton Perreira
- Basecamp
- Bath & Body Works
- Beans
- Bearbottom Clothing
- Beaver Brooks
- Beis
- Ben Sherman
- Bend
- Bentley Motors
- Bergdorf Goodman
- Bespoke Post
- Best Buy
- Better Homes and Gardens
- Big Blanket Co.
- Big Brothers Big Sisters of America
- Big Cartel
- BigCommerce
- Binance
- Bing
- Birch Lane
- Birchbox
- Birkenstock
- Birthdate Co
- BitClout
- Bite
- Black Opal Beauty
- Blinkist
- Blue Apron
- Blue Bottle Coffee
- Bluehost
- Blueland
- Bluemercury
- Blundstone
- Bobbi Brown
- Bodily
- Boisson
- Bombas
- Bon Appétit
- Bonlook
- Bonobos
- Boohoo
- Booking.com
- Boots
- Box
- Bravissimo
- Breaker
- Breitling
- Brez
- Briggs & Riley
- Brightedge
- British Airways
- Broadway Direct
- Broadway NYC
- Broadway in Hollywood
- Brooklinen
- Brooks
- BrowserStack
- BruMate
- Bubble
- Buffalo Wild Wings
- Buffer
- Burberry
- Busch Gardens
- Busuu
- Bynder
- CVS
- Cadillac
- CafePress
- Calendly
- Callaway Golf
- Calm
- Calpak
- Candy Club
- Candy Kittens
- Canny
- Canon
- Canva
- Carbonmade
- Care
- Careem
- Carnegie Hall
- Carnival Cruise Line
- Carrd
- Cars.com
- Cartier
- Cash App
- Casper
- Caviar
- Cedar Point
- Chalkbeat
- Charity Water
- ChartMogul
- Chevrolet
- Chewy
- Chicago Children’s Museum
- Chick-fil-A
- Chico’s
- Chilewich
- Chococurb
- Chubbies
- Chuck and Don’s
- Circle
- Claire's
- Clarks
- ClassPass
- ClickFunnels
- ClickUp
- Clinique
- Clockify
- Cloudflare
- Clubhouse
- Clue
- Coach
- Coastal
- Coda
- Codecademy
- Coinbase
- Common Sense
- Conductor
- Converse
- ConvertKit
- CopyAI
- Costa del Mar
- Costco
- Coursera
- Cover FX
- Craft
- Craigslist
- Crate & Barrel
- Crocs
- Crypto.com
- Cult Furniture
- Curious Elixirs
- Customer.io
- DFS
- Daisy Jewellery
- Daniel Wellington
- Datadog
- De Soi
- Debenhams
- Deliveroo
- Delivery.com
- Delivra - The Inbox
- Delsey Paris
- Delta
- Depop
- Deputy
- Descript
- DesignByHümans
- Designer Shoe Warehouse
- Diadora
- Dillards
- Dior
- Discord
- Disney Cruise Line
- Disney+
- Djusie
- Doctors Without Borders
- DocuSign
- Dolce & Gabbana
- Dollar Shave Club
- Dollywood
- Domino's
- DonorsChoose
- DoorDash
- Dorelan
- Dorothy Perkins
- Dr. Squatch
- Drip
- Dropbox
- Dropbox Paper
- Drops
- Drury Hotels
- Duda
- Duolingo
- Dwell
- EasyJet
- Eaze
- Echo Water
- Elevate
- Elle
- Ellucian
- Entrepreneur
- Envato
- Environmental Defense Fund
- Envoyage
- Etsy
- Eurostar
- Eventbrite
- Everlane
- Evernote
- Expedia
- Expensify
- Express
- Express Glasses
- Eye Buy Direct
- FabFitFun
- Fabletics
- Facet
- Factor
- Faherty Brand
- Faire
- Fairmont Hotels & Resorts
- Fancy
- Farm Rio
- Fashion Fair
- Fashion Nova
- Feedly
- Feelunique
- Fenwick
- Ferrari
- Figma
- Finimize
- Firebox
- Fitbit
- Fiverr
- Flakes
- Fleur & Bee
- Flipd
- Flodesk
- Fluent
- Flybe
- Foodvisor
- Ford
- Forest
- Forest Nation
- Forever 21
- Fort Myers
- Fortnum & Mason
- Fossil
- Four Seasons
- Four Sigmatic
- Framebridge
- Framer
- Free People
- FreeCodeCamp
- Freedom Japanese Market
- Freetrade
- Fresh Clean Threads
- Front
- Ftsny
- Fullstory
- Furniture Village
- Fyrn
- GMC
- GQ
- GameStop
- Gap
- GatherContent
- Genesis
- Ghia
- Ghost
- Ghost Bed
- GitHub
- GitLab
- Glamour
- Glassdoor
- Glasses USA
- Glo
- Glossier
- Glossybox
- Go-Jek
- GoDaddy
- Goat
- Gobble
- Goggles4u
- Goldsmiths
- Good Idea
- Gorillas
- Gousto
- Gozney
- Grab
- Graham and Green
- Grammarly
- Graze
- Greats
- Green Chef
- GreenRush
- Groupon
- Grubhub
- Guess
- Gumroad
- Gymshark
- Gyroscope
- H&M
- H.Samuel
- HVMN
- Habitat
- Happy Viking
- Harper’s Bazaar
- Harrods
- Harry's
- Harvey Nichols
- HashiCorp
- Hastens
- HauteLook
- Havn
- Headspace
- Height
- Helix
- HelloFresh
- Help Scout
- Help for Heroes
- Hershey Park
- Hettas
- Hey
- High Museum of Art
- Hipmunk
- Hobby Lobby
- Hoka
- Holiday World
- Home Depot
- HomeGoods
- Honda
- Honest
- Honey
- HostGator
- HotelTonight
- Hotjar
- House Curious
- House of Fraser
- Houzz
- HubSpot
- HubSpot CRM
- Huel
- Hulu
- Hungry House
- Hutch
- Hyatt Hotels and Resorts
- IHG Hotels & Resorts
- Ikea
- Imperfect Foods
- Impossibrew
- InMotion Hosting
- InVision
- Indiana Fever
- Infoempleo
- Infojobs
- Instacart
- Intelligentsia
- Interact
- Intercom
- Ipsy
- J.Crew
- JCPenney
- Jaguar
- Jessops
- Jet2
- JetBlue
- Jira
- Job Today
- July
- Jump Bikes
- Juni
- Just Eat
- KEH Camera
- KETL Mountain Apparel
- Kate Spade
- Kay
- Kennywood
- Kensington Tours
- Kentucky Fried Chicken
- Khan Academy
- Kin Euphorics
- Kings Island
- Klarna
- Knoebels
- Kohls
- Kroger
- Kuii
- Kupferberg Center
- LMNT
- LTHR Supply
- La Croix
- Lamborgini
- Lancôme
- Land Rover
- Landbot
- Landish
- Lane Bryant
- Launchaco
- Leadpages
- Leesa
- Lego
- Lehman Center for the Performing Arts
- Lemonade
- Lexus
- Liberty London
- Lifesum
- Lime
- Lincoln
- Lincoln Center Theater
- Lincoln Center for the Performing Arts
- Linear
- Linjer
- Linktree
- Liquid I.V.
- Litmus
- Loaf
- London Virgin Hair
- Loog Guitars
- Lookfantastic
- Loom
- Loot Crate
- Louis Vuitton
- Lowes
- Lucidchart
- Lululemon
- Luma
- Lume Cube
- Lyft
- MAC Cosmetics
- MATE the Label
- MDMflow
- MGM Resorts
- MUD/WTR
- MVMT
- Mack Weldon
- Macy's
- Made
- Magento
- Maggiano’s Little Italy
- Mailchimp
- Make
- Mango
- MapMyGut
- Marc Jacobs
- Market District
- Marley Spoon
- Marriott
- Maserati
- MasterClass
- Mattel
- Mayvenn
- MeUndies
- Meadow
- Medium
- Mejuri
- Melissa & Doug
- Memrise
- Menards
- Mercari
- Mercedes-Benz
- MetaMask
- Michaels
- Microsoft Teams
- Mingle Mocktails
- Mini
- Miro
- Miss Selfridge
- Missguided
- Misto Box
- Mitsubishi cars
- Miu Miu
- Mixpanel
- Mixtons
- Moe’s Southwest Grill
- Moment
- Monday
- Moneybox
- Mont Blanc
- Monzo
- Moo
- Moonpig
- Morning Brew
- Morning Recovery
- Muttonhead
- My First Wig
- MyFitnessPal
- N26
- NANUK
- NPR
- Nars Cosmetics
- National Geographic
- NerdWallet
- Nest Furniture
- Netflix
- Netlify
- New Balance
- New Look
- New York City Theatre
- Newegg
- Newfields
- Nicely Noted
- Nike
- No Mercy / No Malice
- Nolan Interior
- Nomatic
- Noom
- Nordstrom
- Nordstrom Rack
- Norwegian Cruise Line
- Notion
- Notonthehighstreet
- Now TV
- Nugg
- Ocado
- OfferUp
- Officevibe
- Ogee
- Old Navy
- Oliver Peoples
- Omega
- On
- Only Natural Pet
- OpenSea
- OpenTable
- Opumo
- Orange Theory
- Otiumberg
- Outdoor Voices
- Overstock
- Ozone Socks
- PBS
- Paka
- PandaDoc
- Pandora
- Parade
- Patagonia
- Patreon
- Paula's Choice Skincare
- Paw Patrol
- PayPal
- Peloton
- People
- Perelman Performing Arts Center (PAC NYC)
- Persol
- Pet Supermarket
- Petco
- Piada Italian Street Food
- Picniic
- Pier 1
- Pipedrive
- Pitch
- Pizza Express
- Plae
- Plated
- Plum
- Pluralsight
- Podia
- Pokemon
- Poshmark
- Postmates
- Pottery Barn
- Prada
- PrettyLittleThing
- Primark
- Process Street
- Publix
- Puma
- Pure Life
- Purple
- QVC
- Qdoba
- Quartz
- Quibi
- QuickBooks
- Quill
- Quip
- Quizlet
- Quora
- REI Co-op
- Racket
- Raleigh Limited
- RallyUp
- Rare Beauty
- Ray-Ban
- Raymond Weil
- Reader’s Digest
- Red Robin
- Redbubble
- Reebok
- Reflectly
- Remitly
- Replit
- RescueTime
- Retool
- Revolut
- Revolve
- Rezi
- Ripcurl
- Ritual Zero Proof
- Road Scholar
- Robinhood
- Rock Grace
- Rootless
- Rosewood Hotels & Resorts
- Royal Caribbean Cruises
- Rumpl
- Runkeeper
- Ruth’s Chris
- SNKRS by Nike
- Saks Fifth Avenue
- Sally Beauty
- Samsonite
- Saratoga
- SavvyCal
- Scentbird
- Schoolhouse
- Scribd
- Sea World
- Seamless
- Search Metrics
- Seedlip
- Segment
- Selfridges
- Sentry
- Sephora
- ServiceNow
- Shark
- Shein
- Shift
- Shop.com
- Shopify
- Shpock
- Shudder
- Shwood and Stanley
- Sierra Club
- Silver Dollar City
- Simba
- Six Flags
- Skechers
- Skillshare
- Skims
- Skyscanner
- Slack
- Slite
- Smartsheet
- Smiley Movement
- Smithsonian Institute
- Snapchat
- Sneaker Politics
- Snowe
- Snowflake
- Society6
- Sock Fancy
- Soka Home
- SoloLearn
- Soludos
- Sonno
- SoundCloud
- Southern Living
- Southwest
- Soylent
- Spacegoods
- Sparkling Ice
- SpeedWeed
- Spotify
- Spreadshirt
- Spyder
- Square
- Squarespace
- Squarespace Scheduling
- St Elmo Steakhouse
- St. Jude
- Stanley
- Staples
- Starbucks
- Steam
- Stitch Fix
- Stojo
- Stone Forest
- Strava
- Strikingly
- Stripe
- Substack
- SumUp
- Sun Basket
- SunGod
- Sunglass Hut
- Sunsama
- Superdrug
- SurveyMonkey
- Swarovski
- Sweatcoin
- Swoon
- Symphony Space
- TRNK
- Tag Heuer
- Tally
- Target
- Taste Trunk
- Teachable
- Teachlr
- Techcrunch
- Technics
- Tecovas
- Ted Baker
- TeePublic
- Tempur
- Tempur-Pedic
- Temu
- Terrain
- Tesla
- The Absorption Company
- The Children’s Museum of Indianapolis
- The Farmers Dog
- The Hustle
- The Jewel Hut
- The Metropolitan Museum of Art (The Met)
- The Museum of Modern Art (MoMA)
- The New York Times
- The North Face
- The Ordinary
- The White Company
- Thinx
- Threadless
- Three Spirit
- Thryve
- Tidal
- Tide.fm
- Tiffany & Co
- TikTok
- Tinder
- Todoist
- Toggl Track
- Tom Ford
- Tommy John
- Topshop
- Tory Burch
- TouchNote
- Trader Joe’s
- Trainline
- TransferWise
- Travelpro
- Trello
- Triibe
- TripAdvisor
- Trivago
- Trustpilot
- Tuft & Needle
- Tumi
- Tunnel to Towers
- TunnelBear
- Twilio
- Twitch
- Typeform
- Typhur
- UGG
- UNICEF USA
- UNIQLO
- Uber
- Uber Eats
- Udacity
- Udemy
- Ulta
- Unbounce
- Unboxme
- UncommonGoods
- Under Armour
- United
- Universe
- Upwork
- Urban Outfitters
- Us Weekly
- VIIA
- VSCO
- Vanity Fair
- Vans
- Veer
- Vercel
- Vessi
- Victoria's Secret
- Viking Cruises
- Vimeo
- Vineyard Vines
- Vinted
- Viome
- Virgin Atlantic
- Vistaprint
- Vogue
- Volvo
- Voog
- Vueling
- W
- WE
- WW (Weight Watchers)
- WalMart
- Walgreens
- Wallapop
- Wallshoppe
- Walt Disney World Resort
- Warby Parker
- Watch Shop
- Watch Station
- Watches.com
- Wattpad
- Wayfair
- Waze
- We Feed Raw
- Wealthsimple
- Webflow
- Weebly
- Wegmans
- Wendy’s
- West Elm
- Which Wich
- Whimsical
- Wikimedia Foundation
- Williams Sonoma
- Winc
- Windstar Cruises
- Wise
- Wistia
- Wix
- WooCommerce
- Wooden Spoon Herbs
- WordPress
- World Market
- World Wildlife Fund
- Wowcher
- YNAB
- Yelp
- Yeti
- YouTube
- YouTube Music
- Zales
- Zapier
- Zara
- Zazzle
- Zeelool
- Zendesk
- Zero
- Zillow
- Zoe & Morgan
- Zoom
- Zoopla
- Zulily
- allure
- eBay
- eToro
- hiyo
- omnisend
- reggie
- uBiome
Quartz Newsletter subscriber
@uifeed.com
Subscribed 1 month, 3 weeks ago
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "//www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html lang="en" style="width: 100%;" xmlns="//www.w3.org/1999/xhtml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word">
<head>
<meta content="text/html; charset=utf-8" http-equiv="Content-Type"/>
<meta content="IE=edge" http-equiv="X-UA-Compatible"/>
<meta content="width=device-width, initial-scale=1" name="viewport"/>
<meta name="x-apple-disable-message-reformatting"/>
<title>
An AI bubble warning
</title>
<link href="https://fonts.google.com/noto/specimen/Noto+Sans" rel="stylesheet" type="text/css"/>
<link href="https://fonts.google.com/noto/specimen/Noto+Serif" rel="stylesheet" type="text/css"/>
<!--[if gte mso 9]><style type="text/css">h1,h2,h3,div,p,td,span,em,strong,ol,ul,li,a {font-family: Arial, Helvetica, sans-serif !important;}</style><![endif]-->
<style type="text/css">
table.table100 { background-color: rgba(255, 255, 255, 1); max-width: 600px }
table.table100>tr>td, table.table100>tbody>tr>td { font-family: Arial, Helvetica, sans-serif; font-size: 12px; color: rgba(0, 0, 0, 1) }
table.table100 h1 { font-family: Arial; font-size: 24px; color: rgba(0, 0, 0, 1) }
table.table100 h2 { font-family: Arial; font-size: 20px; color: rgba(0, 0, 0, 1) }
table.table100 h3 { font-family: Arial; color: rgba(0, 0, 0, 1); font-size: 18px }
.editor-email-button { font-family: Arial; font-size: 12px; background-color: rgba(22, 141, 217, 1); border-radius: 6px; color: rgba(255, 255, 255, 1); width: 100%; height: 25px; padding: 25px }
.dlv-content-wrapper { background-size: auto }
table.table100 a { color: rgba(22, 141, 217, 1) }
table.email-cell-group {
border-collapse: collapse;
width: 100%;
table-layout: fixed;
}
table.socialButton td {
vertical-align: middle !important;
}
table.table100 {
margin: 0px auto;
}
img.img100 {
vertical-align: middle;
}
table.dragndrop {
table-layout: fixed;
}
table.dragndrop td {
vertical-align: top;
}
a img {
border: 0;
}
@media screen {
img.img100 {
max-width: 100% !important;
height: auto !important;
width: auto;
}
}
@media screen and (max-width: 600px) {
table.table100 {
width: 100% !important;
}
body {
margin: 0 !important;
min-width: 100% !important;
}
body#MessageViewBody {
margin: 0px auto !important;
}
body > div {
margin: 0 !important;
}
u + * table.table100 {
min-width: 100vw !important;
}
div > u ~ div table.table100 {
min-width: 0px !important;
}
}
.desktophide {
display: none;
mso-hide: all;
}
@media screen and (max-width: 450px) {
ol, ul {
margin-top: 0px !important;
margin-bottom: 0px !important;
padding-top: 16px !important;
padding-bottom: 16px !important;
}
td.td100, table.email-cell-group.responsive > tbody > tr > td {
display: block !important;
width: 100% !important;
box-sizing: border-box !important;
}
table.email-cell-group.desktophide {
display: table !important;
}
td.td100.mobilehide, table.email-cell-group.responsive > tbody > tr > td.mobilehide {
display: none !important;
}
table.dragndrop.responsive > colgroup, table.email-cell-group.responsive > colgroup, table.email-cell-group.responsive > colgroup > col {
display: none !important;
}
img.img100 {
width: 100% !important;
object-fit: contain !important;
}
}
/* baseline */
@media screen {
img.imgMap100 {
display: none !important;
}
img.baselineMap {
display: block !important;
}
}
@media screen and (max-width: 450px) {
img.baselineMap {
display: none !important;
width: 0 !important;
max-height: 0 !important;
}
}
@media screen and (max-width: 450px) {
tr.trpad30 > td {
padding-left: 30px !important;
padding-right: 30px !important;
}
}
</style>
<!--[if gte mso 9]><xml><o:OfficeDocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:OfficeDocumentSettings></xml><![endif]-->
</head>
<body>
<div id="PreHeader" style="display: none !important; mso-hide:all;">
Plus: The IPO intermission.
</div>
<img alt="" height="1" src="https://inboxflows.com/_/image/https%253A%252F%252Fwww.ne16.com%252Fdo%252F9593586%252F222404108%252F1009235%252F1.gif%253Fx%253Df3fd4ca8/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ3d3cubmUxNi5jbyIsInRpbWUiOjE3NTk3NDUyNjcuMDg1MjcxOH0:1v5i8B:BBNP3a-LihM369eQhkSx8EUeoxGusq3sU-sZi4Tbff0" width="1"/>
<table align="center" bgcolor="#FFFFFF" border="0" cellpadding="0" cellspacing="0" style="font-family: Verdana; color: #444444; text-align:center;" width="100%">
<tr>
<td align="center" style="text-align:center;font-size:xx-small">
<a aria-label="Email tracking pixel">
<img alt="" src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg1Nzg1Nn0:1v5i8B:2v2oyZzFBTAu9lsJB5AGQy2MJ9YtJjXTXQCCPUBGjrw" style="mso-hide:all;display:none;width:0px;height:0px;border:0;"/>
</a>
<br/>
<a style="font-size: xx-small; color:#336699" target="_blank">
View as a Web page
</a>
<br/>
<br/>
</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" class="dlv-content-wrapper" style="background-size:auto;" width="100%">
<tbody>
<tr>
<td align="center">
<table align="center" bgcolor="#FFFFFF" border="0" bordercolor="#FFFFFF" cellpadding="0" cellspacing="0" class="table100" style="background-color:#FFFFFF;max-width:600px;margin:0px auto" width="600">
<tr>
<td style="font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" class="dragndrop edited" height="100%" style="table-layout:fixed;" width="100%">
<tbody>
<tr style="padding-top:5px;padding-bottom:5px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:5px;padding-bottom:5px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:5px;width:100%;text-align:center;color:#9B9B9B;margin:0 auto;background-color:#1C4397;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:5px;mso-line-height-rule:exactly;line-height:5px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr class="trpad30" style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="3" style="padding:5px 5px 5px 30px;width:50%;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252F062525-daily.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg1ODk4NH0:1v5i8B:ij6NvS-BWQw8dXkXNb_R9OJ-iw-RoJvCXpwvEjOXIv8" style="width:265px;max-height:18px;vertical-align:middle;border:0;" width="265"/>
</a>
</td>
<td class="td100" colspan="3" height="1" style="width:50%;height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg1OTl9:1v5i8B:-HeJEojkTLybqVKLDR2xXmg1PyzyPW6NkMFMIM2yQhM" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
</tr>
<tr class="trpad30" style="padding-top:15px;padding-bottom:15px">
<td class="td100" colspan="4" style="padding:15px
30px;vertical-align:middle;width:66.6667%;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="color:#888888">
Monday, October 6, 2025
</span>
</div>
</td>
<td class="td100" colspan="2" height="1" style="width:33.3333%;height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2MDc2NX0:1v5i8B:ajx67xV3NUT6da49Re6wB8Qs0H3g7p2W8xDZVye2wa4" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="text-align:center;vertical-align:bottom;width:100%;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="font-size: 8px">
Sponsored by
</span>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;text-align:center;vertical-align:middle;font-size:1px;font-family:Arial,Helvetica,sans-serif;color:#000000">
<img class="img100" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252F090825-harvard-logo-2025-10-03t204133.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2MTg5M30:1v5i8B:eOvVnXW_81BHjK9AnfjlJy7TIkcYt841UVbdAJnaMKY" style="vertical-align:middle;"/>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="width:100%;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252FGettyImages-2202548335.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2MzEzN30:1v5i8B:-K2-sHMx4_oHQzuM5g9mRveOq2Sf8GlvkgRuuTNFRgo" style="width:600px;max-height:400px;vertical-align:middle;border:0;" width="600"/>
</a>
</td>
</tr>
<tr class="trpad30" style="padding-top:3px;padding-bottom:3px">
<td class="td100" colspan="2" height="1" style="width:33.3333%;height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2NDA2Mn0:1v5i8B:M0EhsIyOSPiEHzW-yQZwvO8OTU30Ww-plFApEMJ31-g" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
<td class="td100" colspan="4" style="line-height:1.5;text-align:right;vertical-align:middle;padding:3px
30px;width:66.6667%;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<span style="color:#888888">
Manaure Quintero / AFP
</span>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<em style="background-color:#FFFFFF;font-family:Helvetica
Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
Good morning, Quartz readers! It’s Shannon Carroll with the Daily Brief. Today, tax season shows up fashionably early, the AI party might be running out of champagne, the shutdown cools IPO hopefuls’ heels, and Amazon’s Prime push could test your willpower.
</em>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="6" style="line-height:1.5;width:100%;padding:5px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="font-size:18px;color:#168DD9">
HERE'S WHAT YOU NEED TO KNOW
<span class="ql-cursor">
</span>
</span>
</h2>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
Goldman Sachs says the AI boom won’t stay this frothy forever.
</strong>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
CEO David Solomon warned that, like the dot-com era, markets are likely
headed for a drawdown as winners
</span>
<a data-linktext="and losers shake out." data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
and losers shake out.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
The taxman isn’t waiting until 2026 to knock on your door.
</strong>
<span style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
Some of Trump’s “One Big Beautiful Bill Act” sneak previews hit this year, and
advisors say you’ll want to act
</span>
<a data-linktext="before Dec. 31." data-linktype="Normal" style="background-color:#FFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#168DD9;font-size:16px;text-decoration:none;" target="_blank">
before Dec. 31.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
The Tesla show played out in four acts this week.
</strong>
<span style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
Third-quarter deliveries soared, a wrongful-death Cybertruck lawsuit was filed,
shareholders moved to block Musk’s pay deal,
</span>
<a data-linktext="and his fortune spiked." data-linktype="Normal" style="background-color:#FFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#168DD9;font-size:16px;text-decoration:none;" target="_blank">
and his fortune spiked.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
Apple pulls ICE-tracking apps from the App Store after political pressure.
</strong>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
ICEBlock topped a million downloads before disappearing, with
Apple citing “objectionable content” after it caught
</span>
<a data-linktext="the attention of Trump’s DOJ." data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
the attention of Trump’s DOJ.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr>
<td class="snippet td100" colspan="6" style="width:100%;position:static;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" height="100%" style="table-layout:fixed;" width="100%">
<tbody>
<tr style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="6" style="padding:5px 20px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
A message from the Harvard Business School
</div>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="width:100%;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252FStatic_CLP_GMP_640x480_31_MAY_2022_%25281%2529.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2NTA1NH0:1v5i8B:wsVKZI734B9BC7j6pR9nnKHT5q3E7aszjGJfr6igXFc" style="vertical-align:middle;border:0;"/>
</a>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="padding:10px 20px;font-family:Arial,Helvetica,sans-serif;font-size:18px;line-height:1.5;color:#168DD9;width:100%;vertical-align:top;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="color:#168DD9">
HBS Executive Education—General Management Program
<span class="ql-cursor">
</span>
</span>
</h2>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="padding:10px 20px;line-height:1.5;font-family:Arial,Helvetica,sans-serif;font-size:16px;width:100%;vertical-align:top;color:#000000;mso-line-height-rule:exactly">
<div>
The
<strong>
<a data-linktext="General Management Program" data-linktype="Normal" style="text-decoration:none;color:#168DD9;" target="_blank">
General Management Program
</a>
</strong>
offers a comprehensive view of the
</div>
<div>
organization. Accelerate the leadership transition by blending full-time, personalized learning with practical application on the job—maximizing your learning and return on investment.
</div>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#168DD9" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" style="border:none; border-spacing: 0; border-collapse: collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
<tbody>
<tr>
<td height="50" style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" valign="middle">
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: 1px solid #168DD9; display: block; " target="_blank">
</a>
<table bgcolor="#168DD9" cellpadding="0" cellspacing="0" class="newButton" height="50" style="-webkit-border-radius: 6px;
-moz-border-radius: 6px; border-radius: 6px; padding-right:10px;mso-padding-right-alt: 10px;padding-left:10px;mso-padding-left-alt: 10px;padding-top:5px;mso-padding-top-alt: 5px;padding-bottom:5px;mso-padding-bottom-alt: 5px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#168DD9" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" valign="middle">
<table bgcolor="#168DD9" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#168DD9" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<!--[if !mso]><!-->
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: none; display: block; ">
Learn
More
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/9593586/222404108/7554811/6/1009235/?x=7ff9efc2" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: none; display: block; ">Learn More</a><![endif]-->
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="6" style="line-height:1.5;width:100%;padding:5px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="font-size:18px;color:#168DD9">
BOT-TOM LINE BLUES
</span>
</h2>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="padding-right:30px;padding-left:30px;line-height:1.5;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<span style="font-size: 16px">
For years, AI stocks have been the market’s favorite party trick: Say “chatbot” three times, and your share price levitates. For a while, it worked. Generative AI turned hedge funds and homeroom teachers into
portfolio geniuses, powering three-quarters of the S&P’s returns since 2022. But the magic act is wobbling. The RavenPack AI Sentiment Index has barely cleared 6% this year, while the broader market is up more than double that (14%).
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
<span class="ql-cursor">
</span>
Morgan Stanley now thinks the AI encore is looking a little flat. Free cash flow at the big hyperscalers has slipped into the red, monopoly-adjacent businesses are undercutting each other on price, and the latest
deal-making smells more like dot-com nostalgia than strategic vision. Chief investment officer Lisa Shalett says we’re closer to a “seventh-inning stretch” than a first pitch, which is polite analyst-speak for “maybe stop betting the farm on GPUs.”
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
The consensus is that AI isn’t crashing so much as catching its breath. Big Tech isn’t abandoning the race. It’ll keep spending. But the spring has turned into a marathon, and investors can’t keep betting on every flash AI moonshot
anymore. And smaller firms without steady contracts or power hookups may find themselves on the chopping block. Investors are being nudged toward boring-but-solid plays such as gold, REITs, and energy, while only the fattest, fittest AI names stay on the menu. The robots aren’t leaving, but their stocks will need more than buzzwords to keep pace.
</span>
<a data-linktext="Quartz’s Brian O’Connell has more on how AI’s fireworks might be turning into smoke machines" data-linktype="Normal" style="font-size:16px;color:#168DD9;text-decoration:none;" target="_blank">
Quartz’s Brian O’Connell has more on how AI’s fireworks might be turning into smoke machines
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="6" style="line-height:1.5;width:100%;padding:5px
20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="color:#168DD9;font-size:18px">
IPO-CALYPSE NOW
</span>
</h2>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="padding-right:30px;padding-left:30px;line-height:1.5;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<span style="font-size: 16px">
The IPO market can’t catch a break. After years of drought, a few successful debuts finally suggested the ice was melting. Then came the government shutdown, and with it, an SEC reduced to skeleton staffing. The agency’s all-important gatekeeping functions — clearing prospectuses, stamping approvals, reviewing amendments — are suspended, which means the IPO pipeline is officially frozen. Submitting to EDGAR right now is like mailing a letter to Santa: technically possible, functionally
pointless.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
<span class="ql-cursor">
</span>
That’s catastrophic in a business where timing is oxygen. IPOs age quickly; financials go stale after 135 days, forcing re-audits and re-filings that sap cash and momentum. Beta Technologies, Jennifer Garner’s Once Upon a Farm, and Ethos Technologies are already in the holding pattern, while Alliance Laundry Systems and University of Phoenix are mid-roadshow, hoping they don’t have to turn back.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
When the lights do come back on, it won’t just be backlog companies racing for the door. Tariffs, inflation, and rate anxiety will be waiting, too, ready to smother valuations. There’s still plenty of cash parked in money market funds, eager for new listings, but momentum is fickle. In the IPO business, a long intermission doesn’t just delay the show — it changes the ending.
</span>
<a data-linktext="Quartz’s Shannon Carroll has more on the backlog waiting to storm the stage when the lights come back." data-linktype="Normal" style="font-size:16px;color:#168DD9;text-decoration:none;" target="_blank">
Quartz’s Shannon Carroll has more on the backlog waiting to storm the stage when the lights come back.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr>
<td class="snippet td100" colspan="6" style="width:100%;position:static;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" height="100%" style="table-layout:fixed;" width="100%">
<tbody>
<tr style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="6" style="padding:5px 20px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
A message from the Harvard Business School
</div>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="width:100%;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252FStatic_CLP_GMP_640x480_31_MAY_2022_%25281%2529.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2NTk2M30:1v5i8B:r0XrfnVRdVupeHCMOMEKgH3zD-fL9b0FNT9uIY7OYQM" style="vertical-align:middle;border:0;"/>
</a>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="padding:10px
20px;font-family:Arial,Helvetica,sans-serif;font-size:18px;line-height:1.5;color:#168DD9;width:100%;vertical-align:top;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="color:#168DD9">
HBS Executive Education—General Management Program
<span class="ql-cursor">
</span>
</span>
</h2>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="padding:10px
20px;line-height:1.5;font-family:Arial,Helvetica,sans-serif;font-size:16px;width:100%;vertical-align:top;color:#000000;mso-line-height-rule:exactly">
<div>
The
<strong>
<a data-linktext="General Management Program" data-linktype="Normal" style="text-decoration:none;color:#168DD9;" target="_blank">
General Management Program
</a>
</strong>
offers a comprehensive view of the
</div>
<div>
organization. Accelerate the leadership transition by blending full-time, personalized
learning with practical application on the job—maximizing your learning and return on investment.
</div>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#168DD9" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" style="border:none; border-spacing: 0; border-collapse: collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
<tbody>
<tr>
<td height="50" style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" valign="middle">
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px;
border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: 1px solid #168DD9; display: block; " target="_blank">
</a>
<table bgcolor="#168DD9" cellpadding="0" cellspacing="0" class="newButton" height="50" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; padding-right:10px;mso-padding-right-alt: 10px;padding-left:10px;mso-padding-left-alt: 10px;padding-top:5px;mso-padding-top-alt: 5px;padding-bottom:5px;mso-padding-bottom-alt: 5px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#168DD9" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" valign="middle">
<table bgcolor="#168DD9" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
<tbody>
<tr>
<td align="center" bgcolor="#168DD9" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<!--[if !mso]><!-->
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: none; display: block; ">
Learn More
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/9593586/222404108/7554811/7/1009235/?x=58847204" target="_blank"
style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: none; display: block; ">Learn More</a><![endif]-->
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="6" style="line-height:1.5;width:100%;padding:5px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="color:#168DD9;font-size:18px">
MORE FROM QUARTZ
</span>
</h2>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
📦
<span class="ql-cursor">
</span>
</span>
<a data-linktext="Here’s how to track Amazon’s best Prime Day deals" data-linktype="Normal" style="background-color:#FFF;font-family:Helvetica
Neue,Helvetica,Arial,sans-serif;color:#168DD9;font-size:16px;text-decoration:none;" target="_blank">
Here’s how to track Amazon’s best Prime Day deals
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
🤖
<span class="ql-cursor">
</span>
</span>
<a data-linktext="These 7 industries are making the switch to AI" data-linktype="Normal" style="background-color:#FFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#168DD9;font-size:16px;text-decoration:none;" target="_blank">
These 7 industries are making the switch to
AI
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
🚗
<span class="ql-cursor">
</span>
</span>
<a data-linktext="Buckle up: Consumer Reports looked at the safest cars to buy" data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
Buckle up: Consumer Reports looked at the safest cars to buy
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="font-size:16px;color:#000000;font-family:Helvetica
Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
🧑💼
<span class="ql-cursor">
</span>
</span>
<a data-linktext="New research says it’s hardest to live and work in these states" data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
New research says it’s hardest to live and work in these states
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
⛷️
</span>
<a data-linktext="Looking to hit the slopes this winter? Check out these resorts" data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
Looking to hit the slopes this winter? Check out these resorts
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0
#9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
Our best wishes on a safe start to the day. Send any news, comments, and more to
<span class="ql-cursor">
</span>
</span>
<a data-linktext="talk@qz.com." data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
talk@qz.com.
</a>
</div>
</td>
</tr>
<tr>
<td class="snippet td100" colspan="6" style="width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" class="email-cell-group" style="border-collapse:collapse;width:100%;table-layout:fixed;">
<colgroup>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
</colgroup>
<tbody>
<tr>
<td align="center" colspan="6" style="width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#999999;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</table>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td colspan="6" style="vertical-align:middle;text-align:center;padding-top:10px;padding-bottom:10px;width:100%;font-size:1px;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252F070125-quartz-logo.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2Njg0NX0:1v5i8B:5GQJzL9ID_fkOq8avAxxIibSwepLWMlNgkzTOWH7VM8" style="box-sizing:border-box;padding-top:0;padding-bottom:0;width:200px;max-height:32px;vertical-align:middle;border:0;" width="200"/>
</a>
</td>
</tr>
<tr style="padding-top:5px;padding-bottom:5px">
<td colspan="6" style="padding-top:5px;padding-bottom:5px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div style="text-align:
center">
<strong style="font-size:14px;color:#168DD9">
<a data-linktext="TERMS OF SERVICE" data-linktype="Normal" style="color:#168DD9;text-decoration:none;" target="_blank">
TERMS OF SERVICE
</a>
</strong>
<strong style="font-size: 14px">
|
</strong>
<strong style="font-size:14px;color:#168DD9">
<a data-linktext="PRIVACY POLICY" data-linktype="Normal" style="color:#168DD9;text-decoration:none;" target="_blank">
PRIVACY POLICY
</a>
</strong>
<strong style="font-size: 14px">
|
</strong>
<strong style="font-size:14px;color:#168DD9">
<a data-linktext="UNSUBSCRIBE" data-linktype="Normal" style="color:#168DD9;text-decoration:none;" target="_blank">
UNSUBSCRIBE
</a>
</strong>
</div>
</td>
</tr>
<tr>
<td colspan="6" style="width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div style="text-align: center">
<span style="font-size:14px;color:#888888">
© 2025 QUARTZ MEDIA NETWORK (US), INC. ALL RIGHTS RESERVED.
</span>
</div>
</td>
</tr>
<tr>
<td colspan="6" style="width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div style="text-align: center">
<span style="font-size:14px;color:#888888">
848 N. Rainbow Blvd. 3017 Las Vegas, NV 89107 United
States
</span>
</div>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td class="snippet td100" colspan="6" style="width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" class="email-cell-group" style="border-collapse:collapse;width:100%;table-layout:fixed;">
<colgroup>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
<col width="17%"/>
</colgroup>
<tbody>
<tr>
<td colspan="6" style="text-align:center;vertical-align:middle;width:100%;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="socialFollowContainer" data-labelposition="Left" data-orientation="Horizontal" data-shareemail="undefined" data-socialorder="sfsFacebook,sfsTwitter,sfsInstagram,sfsPinterest,sfsYouTube,sfsLinkedIn" data-socialspacing="0" data-textposition="Left" style="margin:0px auto">
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]><table valign='middle' align='center' border='0' cellpadding='0' cellspacing='0'><tbody><tr><![endif]-->
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]><td><![endif]-->
<span class="followLabel" style="display: inline-block; vertical-align: middle;">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="height: 65.6px; border: none; border-spacing: 0; border-collapse: collapse; mso-table-lspace: 0; mso-table-rspace: 0; mso-margin-top-alt: 0px; mso-margin-bottom-alt: 0px; mso-padding-alt: 0px 0px 0px 0px">
<tbody>
<tr>
<td height="1" style="font-family:Tahoma,Geneva,sans-serif;vertical-align:middle;height:1px;text-align:center;font-size:12px;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2NzY3Mn0:1v5i8B:FwvakGrPZ1iblQqw0kj_2TFivUXgpN2DJjiH33OvFBM" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
</tr>
</tbody>
</table>
</span>
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]></td><![endif]-->
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]><td><![endif]-->
<span style="display: inline-block; vertical-align: middle;">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="margin-right: 0px; border: none; border-spacing: 0; border-collapse: collapse; mso-table-lspace: 0; mso-table-rspace: 0; mso-margin-top-alt: 0px; mso-margin-bottom-alt: 0px; mso-padding-alt: 0px 0px 0px 0px;">
<tbody>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
<tr>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Facebook" prettyname="Facebook Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
<table bgcolor="" border="0" cellpadding="10" cellspacing="0" class="socialButton Icon_Facebook" style="border-radius: 10px">
<tbody>
<tr>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td class="socialButtonText" style="text-decoration:none;color:#000000;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px">
<a aria-label="Follow us on Facebook" class="facebookFollowLink" prettyname="Facebook Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
</td>
<td height="1" style="height:1px;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="0">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2ODQ5N30:1v5i8B:0ZPHl_LNomuNKGysJADlRj_vP9pGmitxIgVvkhm88nk" style="mso-hide:all;display:none;width:0px;height:0px;border:0;"/>
</td>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Facebook" prettyname="Facebook Follow" style="color:#000;text-decoration:none;" target="_blank">
<img alt="" border="0" class="Icon_Facebook" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fshare%252Ffacebook-solid-circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg2OTM4fQ:1v5i8B:w0m232mErX-5bgjwuGQbDdyjT4wqfzK-U9rwsEfAEac" style="border:0;"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="10">
</td>
</tr>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</tbody>
</table>
</span>
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]></td><![endif]-->
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]><td><![endif]-->
<span style="display: inline-block; vertical-align: middle;">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="margin-right: 0px; border: none; border-spacing: 0; border-collapse: collapse; mso-table-lspace: 0; mso-table-rspace: 0; mso-margin-top-alt: 0px; mso-margin-bottom-alt: 0px; mso-padding-alt: 0px 0px 0px 0px;">
<tbody>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
<tr>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Twitter" prettyname="Twitter Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
<table bgcolor="" border="0" cellpadding="10" cellspacing="0" class="socialButton Icon_Twitter" style="border-radius: 10px">
<tbody>
<tr>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td class="socialButtonText" style="text-decoration:none;color:#000000;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px">
<a aria-label="Follow us on Twitter" class="twitterFollowLink" prettyname="Twitter Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
</td>
<td height="1" style="height:1px;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="0">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3MDIxNn0:1v5i8B:gd29q23xT-m6x_3VrvdR1Ar-26NLZ1aqyI-7DdxHqV4" style="mso-hide:all;display:none;width:0px;height:0px;border:0;"/>
</td>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Twitter" prettyname="Twitter Follow" style="color:#000;text-decoration:none;" target="_blank">
<img alt="" border="0" class="Icon_Twitter" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fshare%252Ftwitter-solid-circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3MTM4NH0:1v5i8B:yXPI7hFWv7XlDu3HaCNqrf7kO0OMFr7_87t2_Kxmimk" style="border:0;"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="10">
</td>
</tr>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</tbody>
</table>
</span>
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]></td><![endif]-->
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]><td><![endif]-->
<span style="display: inline-block; vertical-align: middle;">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="margin-right: 0px; border: none; border-spacing: 0; border-collapse: collapse; mso-table-lspace: 0; mso-table-rspace: 0; mso-margin-top-alt: 0px; mso-margin-bottom-alt: 0px; mso-padding-alt: 0px 0px 0px 0px;">
<tbody>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
<tr>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Instagram" prettyname="Instagram Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
<table bgcolor="" border="0" cellpadding="10" cellspacing="0" class="socialButton Icon_Instagram" style="border-radius: 10px">
<tbody>
<tr>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td class="socialButtonText" style="text-decoration:none;color:#000000;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px">
<a aria-label="Follow us on Instagram" class="instagramFollowLink" prettyname="Instagram Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
</td>
<td height="1" style="height:1px;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="0">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3MjI4OH0:1v5i8B:pYAAX0V987jIrB3SSR6pT8YugakIxWuOE5081niZIjo" style="mso-hide:all;display:none;width:0px;height:0px;border:0;"/>
</td>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Instagram" prettyname="Instagram Follow" style="color:#000;text-decoration:none;" target="_blank">
<img alt="" border="0" class="Icon_Instagram" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fshare%252Finstagram-fc-gradient-circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3MzM0OX0:1v5i8B:GKWF8vdy3w31ZCzY0KLLiCOydb72QAVGf4UTwr2TBpE" style="border:0;"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="10">
</td>
</tr>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</tbody>
</table>
</span>
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]></td><![endif]-->
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]><td><![endif]-->
<span style="display: inline-block; vertical-align: middle;">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="margin-right: 0px; border: none; border-spacing: 0; border-collapse: collapse; mso-table-lspace: 0; mso-table-rspace: 0; mso-margin-top-alt: 0px; mso-margin-bottom-alt: 0px; mso-padding-alt: 0px 0px 0px 0px;">
<tbody>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
<tr>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Pinterest" prettyname="Pinterest Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
<table bgcolor="" border="0" cellpadding="10" cellspacing="0" class="socialButton Icon_Pinterest" style="border-radius: 10px">
<tbody>
<tr>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td class="socialButtonText" style="text-decoration:none;color:#000000;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px">
<a aria-label="Follow us on Pinterest" class="pinterestFollowLink" prettyname="Pinterest Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
</td>
<td height="1" style="height:1px;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="0">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3NDI1N30:1v5i8B:RRXdNTZtY3mTlTdNUcfPmq1-Peofs1HA8R6Yqk2e8Xw" style="mso-hide:all;display:none;width:0px;height:0px;border:0;"/>
</td>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on Pinterest" prettyname="Pinterest Follow" style="color:#000;text-decoration:none;" target="_blank">
<img alt="" border="0" class="Icon_Pinterest" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252F071625-bluesky.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3NTI0N30:1v5i8B:vX6AeBSp90vgE9kEa1gGioTQv5lkGQPIE_ofZYOpknw" style="border:0;"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="10">
</td>
</tr>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</tbody>
</table>
</span>
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]></td><![endif]-->
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]><td><![endif]-->
<span style="display: inline-block; vertical-align: middle;">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="margin-right: 0px; border: none; border-spacing: 0; border-collapse: collapse; mso-table-lspace: 0; mso-table-rspace: 0; mso-margin-top-alt: 0px; mso-margin-bottom-alt: 0px; mso-padding-alt: 0px 0px 0px 0px;">
<tbody>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
<tr>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on YouTube" prettyname="YouTube Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
<table bgcolor="" border="0" cellpadding="10" cellspacing="0" class="socialButton Icon_YouTube" style="border-radius: 10px">
<tbody>
<tr>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td class="socialButtonText" style="text-decoration:none;color:#000000;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px">
<a aria-label="Follow us on YouTube" class="youTubeFollowLink" prettyname="YouTube Follow" style="color:#000;text-decoration:none;" target="_blank">
</a>
</td>
<td height="1" style="height:1px;vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="0">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3NjExfQ:1v5i8B:txtVKuxxsE6XzshClsGLqenBDuWEyR9RmxP5uK_EuC0" style="mso-hide:all;display:none;width:0px;height:0px;border:0;"/>
</td>
<td style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<a aria-label="Follow us on YouTube" prettyname="YouTube Follow" style="color:#000;text-decoration:none;" target="_blank">
<img alt="" border="0" class="Icon_YouTube" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fshare%252Fyoutube-solid-circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk3NDUyNjcuMDg3Njk4NX0:1v5i8B:ZF9_TcjdqqyuK27otG3D1fYmBoX2mglOp-zj8sa69Ys" style="border:0;"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
<td style="vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" width="10">
</td>
</tr>
<tr>
<td colspan="2" style="height:5px;mso-line-height-rule:exactly;line-height:1px;font-size:1px;vertical-align:top;text-align:center;font-family:Arial,Helvetica,sans-serif;color:#000000">
</td>
</tr>
</tbody>
</table>
</span>
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]></td><![endif]-->
<!--[if (mso 12 | mso 14 | mso 15 | mso 16)]></tr></tbody></table><![endif]-->
</div>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</table>
</td>
</tr>
</tbody>
</table>
<table cellpadding="0" cellspacing="0" width="100%">
<tbody>
<tr>
<td align="center">
</td>
</tr>
</tbody>
</table>
</body>
</html>
1 month, 2 weeks ago - hi@e.qz.com
Plus: The IPO intermission. View as a Web page Monday, October 6, 2025Sponsored byManaure Quinter...