Forbes Daily Briefing
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The Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. The Daily Briefing is edited, produced and hosted by Kieran Meadows.
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Next Billion-Dollar Startups 2026 31.07.2026 7minFor a dozen years, Forbes has partnered with TrueBridge Capital Partners to highlight the companies that are likely to become unicorns in the near future. To qualify, startups must be venture-backed, based in the U.S. and worth less than $1 billion. In a sign of the times: Nearly all this year’s list members use AI in some fashion as they work on everything from bone marrow to biological threats, cybersecurity to creative design. Our track record is striking: Of the 275 alumni of this list, 60% did indeed become unicorns, including household names Duolingo and DoorDash. Another 60 were bought (or were merged). Nearly half of last year’s picks already are worth more than a billion. There have been surprisingly few disasters—just six companies, about 2%, imploded or shut down. Learn more about your ad choices. Visit megaphone.fm/adchoices -
This Entrepreneur Will Pay You To Provide Home Care For Your Loved Ones 30.07.2026 6minOn Jesse Vega’s first date with Deaunda Lira, a romantic sushi dinner in Colorado Springs three years ago, he was upfront: He has epilepsy and suffers severe seizures. “It could be scary,” Jesse, 49, recalls telling her. Deaunda, 52, was wary at first, especially after witnessing one of his seizures firsthand. But she shortly came around. “He’s so handsome, I’m gonna have to give it a try,” she remembers thinking, laughing. The seizures started in 2002, when Jesse was 25. At first, they were minor, leaving him flushed and nauseated before smelling a scent of ammonia. These temporal lobe seizures (sometimes referred to as “déjà vu” seizures) happened about 60 times a day and left him exhausted. They eventually progressed to grand mal seizures: violent shaking and stiff muscles, vomiting, tongue-biting and a loss of bladder or bowel control. The couple married in 2023, and Deaunda quit her nearly $50,000-a-year job in medical billing to take care of Jesse. He wasn’t working either: He had to give up his job at the Department of Defense because of his condition. Money got so tight that the middle-aged newlyweds moved in with Jesse’s dad. Learn more about your ad choices. Visit megaphone.fm/adchoices -
Tesla’s Founders Are Backing The Anti-Cybertruck 29.07.2026 6minTwenty years ago this month, Tesla introduced itself to the world with the electric Roadster, the $100,000 sports car that kickstarted the modern EV era. Now the company’s two original founders are betting on TELO, an EV startup with an aesthetic rebuttal to Tesla’s brutalist Cybertruck swagger. Rather than start with another compact crossover chasing Tesla’s top-selling Model Y, San Carlos, California-based TELO – located in the same Silicon Valley office park where Tesla was headquartered when it launched the Roadster – is coming to market with a whimsical truck roughly the size of a MINI Cooper. Priced from $41,520, the MT1 looks like something from the world of Japanese anime, with none of the militaristic menace of Tesla’s pickup. But TELO is borrowing one important page from Tesla’s original playbook: start small and build slowly. CEO and cofounder Jason Marks told Forbes the company initially plans to make just 500 units, and then scale up to a 5,000-vehicle-per-year run rate after a year or so. And even at that relatively low volume, he thinks the company can turn a profit. By Alan Ohnsman, Senior Editor Learn more about your ad choices. Visit megaphone.fm/adchoices -
Axon Says AI Police Reports Save Time. Public Records Show They Get Facts Wrong 28.07.2026 6minIn Lafayette, Indiana, a small city with a population of just over 70,000, the local police force decided to try out a new AI tool sold by law enforcement tech giant Axon, the company with a $35 billion market cap best known for making the Taser. Called Form One, it promised to save officers time by listening to the audio from their body cameras, then filling out the administrative details of a police report: officers and citizens’ names, ID documentation, license plates and other vehicle information. For Lafayette’s captains who’d worked closely with Axon on previous AI projects, it seemed like a no-brainer. But after seven months of testing the technology, many of Lafayette’s officers found the tool was wasting time, not saving it. “I know it doesn't save me time and I know it has inaccuracies that I will have to edit,” wrote one officer in a cache of emails obtained by Forbes via public records request. Form One struggled to record the right names or car plates, even when they were clearly stated in the camera footage, according to other emails. One cop said a simple form that used to take 30 seconds to fill out manually now takes three minutes with Form One because there are so many errors. “Form One dramatically increases the time it takes to finish reports,” he wrote to a colleague. By Thomas Brewster Learn more about your ad choices. Visit megaphone.fm/adchoices -
AI Startups Are Pivoting From Flashy Demos To Tech That Pays The Bills 27.07.2026 7minIn early 2023, Keith Peiris’s AI-powered presentation startup Tome was growing quickly. It had become the fastest productivity tool to reach 1 million users, Forbes reported at the time, a number that eventually climbed to 25 million. He raised $80 million from top Silicon Valley investors like Lightspeed Venture Partners, Coatue, Greylock and billionaire Reid Hoffman. But by late 2024, Peiris realized he was building the wrong company. It turned out that most people didn’t want to pay for its tools, which generated beautiful slides within minutes. Tome’s users, mainly students and small business owners, were largely on free plans or paying $10 monthly subscriptions—not nearly enough to sustain the business. And the startup couldn’t quite crack the market for professionals like marketers and salespeople because it wasn’t connected to their data and did not have the context needed to make good presentations. Users were still growing, but the company’s annual revenue plateaued at around just $3 million. “Being frank about Tome, our technology thesis and our cultural thesis was very immature,” Peiris admits now. By Rashi Shrivastava, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices -
American Open-Source Labs Think They Can Beat China’s Best AI Startups 26.07.2026 6minBack in October 2024, Poolside was an early AI star. Cofounded by former Github CTO Jason Warner, the startup had raised $500 million on a $3 billion valuation to build coding agents for governments and large companies. But over the next 18 months, Poolside largely disappeared from view, while OpenAI and Anthropic ballooned to nearly trillion-dollar valuations with a crop of Chinese labs building open source models nipping at their heels. Now Poolside is back with a new model called Laguna that on public benchmarks beats its American and Chinese open source competition — with the very notable exception of Chinese lab Moonshot’s latest AI model, Kimi K3. "As an American company building for the West, we'll be the most capable open model in the West,” Warner, Poolside’s co-CEO and cofounder, tells Forbes. “Globally, in this weight class of the 118 billion parameter model, we are the leader.” Warner claims that the startup spent those 18 months where it went quiet building the infrastructure for a “model building factory” that could pump out Laguna and continue with new and more powerful iterations every five weeks. "The classic notion of model building is an artisanal process…We've built an industrial model-building process,” he says. By Iain Martin, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices -
MLS Is Banking On A World Cup Boost. Investors Aren’t So Sure. 25.07.2026 6minAs the final minutes ticked away in a disappointing 4-1 loss to Belgium on July 6 that knocked the U.S. men’s national team out of the World Cup, Fox play-by-play announcer John Strong made a direct plea to his television audience of 30 million Americans. “If you’ve enjoyed what you’re seeing, well, support your local team,” Strong said from Seattle’s Lumen Field, packed with a sellout crowd of 66,925—more than double the average attendance of 31,000 across the Seattle Sounders’ first six Major League Soccer games this season at the same stadium. “This doesn’t have to be the last soccer you watch for the last four years. It’s a beautiful sport.” Often an afterthought both among top-tier global soccer leagues and in the U.S. professional sports scene, MLS has long viewed this summer’s World Cup on U.S. soil as an inflection point for a new phase of growth, with help from Lionel Messi, the biggest star in the league’s history. On Sunday, the 39-year-old superstar will lead Argentina into the World Cup final against Spain while seeking to lock up the Golden Boot as the tournament’s top scorer. On Wednesday, Messi’s Inter Miami will restart its season after MLS’s seven-week World Cup break. By Hank Tucker, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices -
Peptides May Soon Be Legal. These Companies Are Ready To Cash In 24.07.2026 6minWith the FDA panel that’s considering whether to recommend legal production of seven peptides meeting on Thursday and Friday, Shaun Noorian had planned to be at its Maryland campus in person. Ahead of the panel, Noorian, the founder and CEO of Houston-based Empower Pharmacy, one of the nation’s largest compounding pharmacies, told Forbes, “I wouldn’t miss it for the world. The who’s who of the peptide space will be there.” Hundreds of others had been expected to jam into the room as well, including compounders, telehealth founders and longevity influencers. While these peptides are currently not legal to produce for anything other than “research purposes,” that hasn’t stopped a booming gray market from exploiting that loophole. There’s little scientific data on their safety and efficacy, and the many sketchy sellers who distribute them operate with no oversight. Still, the illicit peptide market could be worth an estimated $3 billion. Silicon Valley bros, longevity medics and MAHA believers take them, while wellness influencers promote their “peptide stacks” online to speed recovery or improve sleep. Health and Human Services Secretary Robert F. Kennedy Jr. is a self-described “big fan of peptides,” as he told podcaster Joe Rogan in February. By Amy Feldman Learn more about your ad choices. Visit megaphone.fm/adchoices -
MLS Is Banking On A World Cup Boost. Investors Aren’t So Sure. 24.07.2026 6minAs the final minutes ticked away in a disappointing 4-1 loss to Belgium on July 6 that knocked the U.S. men’s national team out of the World Cup, Fox play-by-play announcer John Strong made a direct plea to his television audience of 30 million Americans. “If you’ve enjoyed what you’re seeing, well, support your local team,” Strong said from Seattle’s Lumen Field, packed with a sellout crowd of 66,925—more than double the average attendance of 31,000 across the Seattle Sounders’ first six Major League Soccer games this season at the same stadium. “This doesn’t have to be the last soccer you watch for the last four years. It’s a beautiful sport.” Often an afterthought both among top-tier global soccer leagues and in the U.S. professional sports scene, MLS has long viewed this summer’s World Cup on U.S. soil as an inflection point for a new phase of growth, with help from Lionel Messi, the biggest star in the league’s history. On Sunday, the 39-year-old superstar will lead Argentina into the World Cup final against Spain while seeking to lock up the Golden Boot as the tournament’s top scorer. On Wednesday, Messi’s Inter Miami will restart its season after MLS’s seven-week World Cup break. By Hank Tucker, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices -
The World’s Largest Fast-Food Franchisee Is Still Hungry For More 23.07.2026 6minFor the past decade, Greg Flynn has been America’s largest franchisee, and now he is the largest in the world. But he has a voracious appetite for more. “The dream here is to create a global business with operating capabilities and success beyond what the world has seen,” says Flynn, the 62-year-old CEO and founder of Flynn Group and Flynn Properties. “Operating businesses, especially consumer-facing ones, are really hard. If you can do it well consistently, over multiple brands and multiple geographies and multiple industries, that is a valuable and defensible thing to do.” Over the past three decades, he has doubled down on fast food franchises again and again. With $5 billion in annual revenue from more than 3,000 franchises of Applebee’s, Taco Bell, Panera, Arby's, Pizza Hut, Wendy’s and now Planet Fitness in 44 states as well as Australia and New Zealand, Flynn’s portfolio is more than double the size of the next biggest franchisee. Forbes estimates Flynn has about 25% ownership with some $2.5 billion in loans and over $100 million in cash on hand. At a valuation Forbes estimates of $5 billion, that means Flynn is worth an estimated $650 million. (Flynn declined to comment.) By Chloe Sorvino, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices -
Flock CEO Apologizes For Calling Activists ‘Terrorists’ 22.07.2026 6minFor the last two years, Will Freeman has been advocating against Flock Safety, an $8.3 billion surveillance company that tracks vehicles with a network of over 80,000 cameras. His organization, DeFlock, crowdsourced a map that shows where the company’s cameras are located, and helps local grassroots movements organize against Flock deployments. In an interview with Forbes last year, Flock CEO Garrett Langley described DeFlock as a “terroristic organization.” But now, as Flock faces an increasingly vitriolic public backlash, Langley says he regrets that label. “My comments were a mistake and I apologize,” he says. “There are groups today that have real valid criticisms of the business, and I think what's changed for us is, as we've listened to them and heard them out, what we're trying to do is find this balance. We believe in a world where we can have safety and privacy.” By Thomas Brewster, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices -
A Beefed-Up Golf Cart And An Anti-Cybertruck: Cheap, Quirky EVs Are Coming 21.07.2026 6minU.S. sales of electric vehicles have plunged since the Trump administration killed a $7,500 federal credit last year, but a group of startups hopes to change that. They’re preparing to launch a new wave of quirky, affordable battery-powered models over the next year that are distinctly different from anything Tesla or other big automakers offer. The newest is a small, inexpensive “life utility vehicle” from Miami-based Chip, which starts taking reservations today. It only has a top speed of 25 miles per hour, and is intended as a secondary vehicle designed to handle daily shopping trips, school runs and short commutes. It’s available in four- and six-seat versions, with a $15,000 base price. Though essentially a beefed-up golf cart resembling a small jeep it has far more safety features, including higher ground clearance, a roll bar and flat LFP battery pack along the floor to protect occupants. It also has multiple cameras and radar to monitor traffic conditions. Learn more about your ad choices. Visit megaphone.fm/adchoices -
How OpenAI Plans To Win Over Doctors, Patients And Hospitals 20.07.2026 6minWhen OpenAI wants to sell the country’s biggest health systems on its healthcare ambitions, it often brings in one person a hospital CEO won’t ignore: Sam Altman. Altman, 41, is OpenAI’s billionaire cofounder, CEO and chief converter of skepticism into purchase orders. He has sold investors, boards of directors and governments on the idea that OpenAI is the engine of the next computing era. Now he is personally making that case to hospitals. Altman's involvement in these sales calls underscores just how central healthcare is to OpenAI’s ambitions. In January, the AI behemoth announced eight major health systems, including Cedars-Sinai Medical Center and HCA Healthcare, are now customers of its enterprise-grade healthcare tools. Learn more about your ad choices. Visit megaphone.fm/adchoices
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