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Netflix has 151 million subscribers worldwide, but most of them have never heard of Marc Randolph, its first CEO and cofounder. Randolph stepped down as CEO in 1999—replaced by cofounder Reed Hastings (pictured here) —to turn to product development and departed the company in 2003, a year after its IPO. But Randolph is fine with that and with his decision to leave before Netflix became the streaming giant that it is today. In his memoir, ‘That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea,’ he chronicles the journey of Netflix from an eight-employee startup in 1997 when DVDs had just entered the U.S. market. The most vivid anecdote: a pivotal moment in 1998 when Hastings and Randolph considered selling Netflix to Amazon. Read more about the cofounders’ journey at the link in our bio. (📸: Getty Images)


Queens, New York

Queens will soon be officially taller than Brooklyn. Skyline Tower, a 67-story new development in Long Island City became the tallest building in its borough this month, surpassing the Citigroup Building, which stands at 673 feet. Once it reaches its full 762 feet, likely to happen next month, Skyline will be higher in the sky than any other building outside Manhattan, snatching the title from Extell Development’s 720-foot Brooklyn Point in Downtown Brooklyn. The tower has also outranked Heatherwood Communities’ Tower 28, which at 637 feet was previously the tallest residential building in Queens. The firm Modern Spaces has sold $223 million worth of inventory since the project’s soft launch in May, equally roughly 25% of its 802 condos, after seeing a surge in interest during the Amazon HQ2 debacle for its proximity to the proposed headquarters. Units sold range in price from $640,000 to $2.365 million. As the tallest tower in Queens, Skyline Tower is touting unobstructed views of the Manhattan skyline, including the Empire State Building, One World Trade Center and the Chrysler Building. Its facade will feature 358,538 square feet of translucent glass, totaling six football fields. The development is also planning for a new $17 million entrance to the Court Square MTA subway station, which serves the E, M, G, and 7 subway lines at the base of the building. (📸: Binyan Studio)

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Poás Volcano

Now 99% green electricity , a tropical climate and 5% of the world's biodiversity, Costa Rica is also the safest, healthiest country in Central America. With the rest of Central America in turmoil, Costa Rica strives for the "Pure Life" for its people. According to the World Economic Forum, Costa Rica is now the regional leader for connectivity since the opening of the Moín Container Terminal, where a railroad to be built by China will link the west and east coasts, largely eliminating the need to ship goods by land and giving easier, less expensive access to Europe and Asia. China has also presented a feasibility study to Panama for a $4 billion 250-mile high-speed rail line between Panama City north to its border with Costa Rica. More about the country at the link in our bio. (📸: Getty)

All eyes are on what WeWork will do next after the New York-based co-working startup on Monday pushed back its plans for a $20 billion initial public offering. WeWork planned to start promoting the share sale with institutional investors on Monday and to list shares within the following week. WeWork told The Guardian it now hoped to complete the share sale by the end of this year. Investors are reportedly concerned about CEO Adam Neumann’s oversized influence, WeWork’s rising operating losses and the business model, which involves taking out long-term leases on properties to rent short-term office space to customers. WeWork was reportedly seeking to raise between $3 billion and $4 billion from the listing with the entire company valued at $20 billion. The valuation has plunged from $47 billion in January. SoftBank, one of WeWork's key investors, reportedly wanted to delay the listing but Neumann pushed ahead. WeWork lost $1.9 billion last year after making sales of $1.8 billion, according to reports. It loses $2 for every $1 it generates in revenue. WeWork is under pressure to raise new money as costs rise and its cash reserves dwindle. The company had agreed a $6 billion loan package in August but the deal was conditional on WeWork raising $3 billion from its IPO. (📸: Getty)

Reaching audiences from Boston to San Diego, DJ Khaled has pulled in $40 million in the past year, a career high that lands him at No. 7 on our annual list of the world’s highest-paid hip-hop acts. That puts him just behind Eminem (No. 6, $50 million) and ahead of other stars like Kendrick Lamar (No. 8, $38.5 million), J. Cole (No. 11, $31 million) and Nicki Minaj (No. 12, $29 million). Read more about how conquering his fear of flying helped @djkhaled get here, and see the top 5 highest-paid hip-hop acts on our Instagram Stories. (📸: @jameltoppinphoto)

Attitude is everything.

J.K. Rowling has donated a further $18.8 million (£15.3 million) to the Anne Rowling Regenerative Neurology Clinic at the University of Edinburgh, named in memory of her mother. The clinic was founded in 2010 by the Harry Potter author. In a 2014 episode of BBC Radio 4’s Women’s Hour J.K. Rowling opened up about the impact her mother’s death at aged 45 due to multiple sclerosis (MS) had on her. The recent donation, which includes Gift Aid, demonstrates the author’s continued passion for investing in the research of neurological conditions. The Edinburgh clinic combines patient care and MS and neurological research into conditions such as multiple sclerosis, motor neurone disease (MND), Parkinson’s and dementias. The Clinic hopes donations will help those with MS and their families, and set a global precedent for MS research. The donation will also support projects focused on “invisible disabilities experienced by people living with MS”, such as cognitive impairment and pain. At on The Forbes World’s Highest Paid Celebrities list (up almost 30 places from last year), with predicted earnings of $92 million as of July 2019, Rowling remains the highest-paid author of 2019. Rowling also founded Lumos in 2005, an NGO working to end the institutionalization of children worldwide. (📸: Joel C. Ryan/Invision/AP)

Bugatti has unveiled the prototype of its “Baby Bugatti II,” to be produced as part of its 110th anniversary celebration and it’s both a stunner and stunningly expensive. Developed in partnership with The Little Car Company, it’s a children’s battery-powered replica of the brand’s classic 1924 Type 35 Lyon Grand Prix car. Where the original Baby Bugatti was a 50 percent-scale car, the new model is at 75 percent–it’s 2.8 meters long (9.2 feet) and 1.0 meter wide (3.3 feet)–which would allow kids, parents, and grandparents (and wealthy childless enthusiasts with a playful bent) to enjoy the ride. The pedal box is adjustable to accommodate drivers of various heights. As one might imagine, the Baby Bugatti II will not come cheap when it’s released early next year. The car will start at 30,000 Euros ($33,175) with production limited to 500 units. (📸: Bugatti)

Sunnyvale, California

Meet America’s Best Employers For New Graduates 2019 - Employers with any hope of recruiting newly minted grads have become increasingly aware that the tactics that worked in the past may not do the trick this time around. Cash is still king, but for Gen-Z, so is working for a company that lives up to its mission. Some have proven they can offer both. LinkedIn comes in at No. 2, climbing nine spots from last year. Based in Sunnyvale, California, the professional social network boasts many of the perks that might be expected of a tech titan. And yet, according to LinkedIn chief people officer Christina Hall, it’s not the onsite cafes and fitness centers that attract the top of each year’s graduating classes to its 32 global campuses—it’s the way in which the company lives and breathes its core values. “Our mission is to empower the world’s professionals, and foundational to that mission is our culture,” she says. “We are deeply committed to creating a work environment where everyone feels they belong, regardless of their place in their career.” (📸: LinkedIn)

Great leadership shines through in times of failure.

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