Welcome back to Dry Powder.

I'm William D. Cohan, a best-selling author and former senior M&A banker. Thanks for your interest in Puck, our new media company covering the intersection of Wall Street, Washington, Silicon Valley, and Hollywood. 

Today I'm opening my notebook and responding to inquiries about Bob Iger's legacy, Katie Haun's new crypto funds, Jane Fraser's Covid crackdown, and last week's bond market turbulence. As always, if you're enjoying these previews of my private email, consider subscribing or sharing the subscription link with a friend. 

Thanks,

Bill

Iger’s Aftermath, a Crypto Genius, and Zoom M&A

Notes on Wall Street's post post-Covid deal frenzy, the legacy of Bob Iger, and Silicon Valley's new digital gold rush.

Each week, I receive feedback from readers and sources about Wall Street’s biggest characters and concerns. I’ll be engaging with some of those questions here—in addition to a few observations of my own.

Katie Haun, who recently left a16z, is raising nearly a billion for two new crypto funds. As you know, she is also a former federal prosecutor who focused on cyber and crypto. Grass greener on this side of the fence?

I have gotten to know Katie pretty well over the last few months. I’ve been interviewing her for a soon-to-come profile of her in Puck and I also interviewed her for the documentary film I’ve been working on, Finding Satoshi, about cryptocurrency. She is the real deal. After graduating from Stanford Law School, she clerked for Supreme Court justice Anthony Kennedy and then went on to a distinguished career as a federal prosecutor, ending up in the Northern District of California, where she and others prosecuted the Mt. Gox hack and the corrupt FBI agents on the Silk Road task force...

FOUR STORIES WE'RE TALKING ABOUT