Photo: Steve Jennings/Getty Images for TechCrunch

Reid Hoffman — co-founder of LinkedIn, Greylock partner and co-author of the new "Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies" — joins a venture-capital roundtable for Barron's.

What's next: "People think cloud computing is already big, so they move on. But combining multiple sources of data with VR and AI techniques has stunning implications. Would you rather have your average radiologist or a trained AI program read your films? This transformation is just beginning."

  • "Moore’s Law is coming to space. We are going to see a revolution in space. We could see manufacturing in space, and maybe on Mars. At the moment, this sounds like science fiction. It’s not usually talked about much, unlike AI and biotech. I have invested in a satellite propulsion company, Apollo Fusion."

Between the lines: Hoffman weighed in on IPOs...

  • "You can usually tell when a company is really getting ready to go public because they hire a public-company chief financial officer 12 to 24 months beforehand."
  • "In addition to getting liquidity, companies frequently use IPOs ... to have a debutante moment. When you come public, there is a whole bunch of press oriented toward you. But if you have a suck-all-the-oxygen-out-of-the-room political fight [in 2020], that could pose challenges for the debutante feature of going public."

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18 mins ago - Podcasts

The fight over fracking

Fracking has become a flashpoint in the election's final week, particularly in Pennsylvania where both President Trump and Joe Biden made stops on Monday. But much of the political rhetoric has ignored that the industry has gone from boom to bust, beset by layoffs, bankruptcies and fire-sale mergers.

Axios Re:Cap digs into the state of fracking, and what it means for the future of American energy, with Bob McNally, president of Rapidan Energy Group.

Democrats sound alarm on mail-in votes

Photo: Mark Makela/Getty Images

Democrats are calling a last-minute audible on mail-in voting after last night's Supreme Court ruling on Wisconsin.

Driving the news: Wisconsin Democrats and the Democratic secretary of state of Michigan are urging voters to return absentee ballots to election clerks’ offices or drop boxes. They are warning that the USPS may not be able to deliver ballots by the Election Day deadline.

Nxivm cult leader Keith Raniere sentenced to life in prison

Carts full of court documents related to the U.S. v. Keith Raniere case arrive at the U.S. District Court for the Eastern District of New York in May 2019. Photo: Drew Angerer/Getty Images

Nxivm cult leader Keith Raniere, 60, was sentenced to 120 years in prison on Tuesday in federal court for sex trafficking among other crimes, the New York Times reports.

Catch up quick: Raniere was convicted last summer with sex trafficking, conspiracy, sexual exploitation of a child, racketeering, forced labor and possession of child pornography. His so-called self-improvement workshops, which disguised rampant sexual abuse, were popular among Hollywood and business circles.