👓  Focusing on the future 

The Hustle··7 min read
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AI Summary

The Hustle newsletter covers business and tech news including a failed Barbie convention that disappointed fans, fitness company Playlist merging with EGYM for $7.5B, and AI startups offering higher salaries instead of equity. The newsletter also includes updates on space discoveries, electric bike partnerships, and Instagram's new paid features.

Key Facts

Playlist merged with EGYM in a $7.5B deal connecting fitness users across 30+ countries and 100k+ venues through ClassPass and smart gym equipment.
Barbie Dream Fest in Fort Lauderdale disappointed fans with cardboard cutouts instead of promised attractions, leading to refunds and Fyre Festival comparisons.
AI startups are using venture capital to offer generous base salaries rather than equity packages to court top software engineers and sales talent.

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