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Reset with Sasha-Ann Simons - New Doc Looks At Future Of HBCUs

As students return to campuses across the nation, a new documentary explores the legacy and new challenges faced by historically black colleges and universities. Reset learns more from Brandis Friedman, WTTW anchor and co-producer of the documentary “Opportunity, Access & Uplift: The Evolving Legacy of HBCUs.” We also hear from Felecia Commodore, associate professor at the University of Illinois, Urbana-Champaign. For a full archive of Reset interviews, head over to wbez.org/reset.
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Up First from NPR - Fed Governor Legal Fight, DNC Summer Meeting, Taylor Swift Engaged

Federal Reserve governor Lisa Cook’s attorney has plans to file a lawsuit challenging President Trump’s bid to remove Cook from her position. The Democratic National Committee wraps up its first major gathering since President Trump’s return to the White House. And, music superstar Taylor Swift is engaged to football player Travis Kelce of the Kansas City Chiefs.

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Today’s episode of Up First was edited by Dana Farrington, Megan Pratz, Jacob Ganz, Hazel Cills, Lisa Thomson and Adriana Gallardo. It was produced by Ziad Buchh, Nia Dumas and Chris Thomas. We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange. 

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Code Story: Insights from Startup Tech Leaders - What Founders Need to Know – with Dan Eyman of Meld Valuation

Today, I'm talking with Dan Eyman, the Managing Director at Meld Valuation, specializing in independent, audit ready valuations for VC backed startups and VC firms. He is an expert in the valuation of complex instruments such as convertible debt and SAFEs. Dan is going to illuminate the common mistakes of founders, how valuations differ, and what founders should understand about dilution and how fundraising affects their cap table.

Questions

  • What are the most common mistakes you see founders make when it comes to valuations or equity structuring?
  • Can you break down how SAFEs and convertible debt actually work—and how do they impact ownership over time?
  • At what point should a startup bring in a valuation firm, and what are the risks of waiting too long?
  • How do 409A and ASC 820 valuations differ, and why do they matter for venture-backed companies?
  • What should founders understand about dilution and how fundraising rounds affect their cap table long-term?
  • What are your general observations around venture capital investing, and the market for investment right now?
  • You’ve worked with thousands of startups—what separates those who scale successfully from those who stall?

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Headlines From The Times - Trump’s Fed Fight, COVID Surge, TikTok Deadline, Gaza Strikes, Flag Debate, and AI Models

President Trump moves to fire Federal Reserve Governor Lisa Cook, setting off a historic legal and financial battle. California faces rising COVID-19 cases tied to a new variant, while vaccine approvals remain stalled. Trump extends TikTok’s shutdown deadline once again, leaving its future uncertain despite a congressional ban. In Gaza, an Israeli airstrike on a hospital kills 20, fueling protests and renewed ceasefire demands. Beverly Hills schools weigh displaying the Israeli flag on campuses during Jewish Heritage Month. And in fashion, models confront AI-generated rivals as debates over consent and pay intensify.

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Marketplace All-in-One - Automated application systems add insult to injury in a tough job market

Job growth in the economy has slowed, and the ranks of the long-term unemployed are growing. It makes the indignities of the modern hiring process even more frustrating for those in the market. Job-seekers are navigating a gauntlet of automated application systems set up to whittle down the hundreds — sometimes thousands — of applicants. Only for many to never hear from a human. Marketplace’s Meghan McCarty Carino has more from the front lines of algorithmic application hell. 

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WSJ What’s News - What Trump’s India Tariffs Mean for Global Trade

A.M. Edition for Aug 27. As steep duties on a range of Indian products come into effect, the WSJ’s Tripti Lahiri discusses which sectors will be hit hardest, and how the levies could have ripple effects for other economies. Plus, President Trump weighs quickly announcing a nominee to replace Federal Reserve governor Lisa Cook. And WSJ columnist Jinjoo Lee argues that the renewable energy industry can thrive despite the Trump administration’s subsidy rollbacks. Azhar Sukri hosts.


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The Intelligence from The Economist - Fed alert: can Trump fire a governor?

What does Donald Trump’s attempt to sack Lisa Cook, a Federal Reserve governor, mean for the institution’s independence? Uruguay may soon legalise assisted dying. And why shooting clubs – and other community associations – are thriving in Germany.  

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The Daily - Trump’s Takeover of the Fed

President Trump’s decision to try to fire a member of the Federal Reserve’s governing board is his most audacious attack yet on the independence of the central bank.

Ben Casselman, chief economics correspondent for The New York Times, discusses why Mr. Trump’s route to controlling the Fed passes through the governor, an economics professor named Lisa Cook.

Guest: Ben Casselman, the chief economics correspondent for The New York Times.

Background reading: 

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

Photo: Drew Angerer/Getty Images

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