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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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Current price of oil as of June 15, 2026

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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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Current price of oil as of June 15, 2026
FinanceTimothy Geithner

What Geithner won’t acknowledge

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Speaking to Sequoia Capital’s Michael Moritz in Silicon Valley on Monday, Treasury Secretary Tim Geithner was articulate, even warm, obviously intelligent and quick on his feet. But he didn’t stray far from his script.

When Moritz asked Geithner to address the perception that the administration is anti-business, Geithner was ready. “I’m aware of that perception,” he said, identifying the vilifying rhetoric in Washington, D.C., as one explanation for that perception.

Yet, when pressed, Geithner once again refused to acknowledge that the Obama administration’s history of insulting the business community is counterproductive.

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