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Saturday 10 June 2023

Caroline Ellison Net Worth


 

What is Caroline Ellison's Net Worth?

Caroline Ellison is a business executive who has a net worth of $5 million. Caroline Ellison earned a level of infamy thanks to her former role as the CEO of the cryptocurrency trading firm Alameda Research. Alameda was co-founded by disgraced entrepreneur Sam Bankman-Fried. In late 2022, she was fired from her position after Alameda and over 100 other crypto-affiliated companies, including most notably Bankman-Fried's crypto exchange FTX, filed for Chapter 11 bankruptcy on the back of a massive financial scandal. The scandal wiped FTX, which had at one point been valued at more than $30 billion, down to zero. It has been alleged that FTX transferred $10 billion worth of client money to Alameda to plug an enormous trading loss that the hedge fund reportedly incurred. In addition to her professional involvement, Ellison is a noted polyamorist, and was reportedly romantically involved with Bankman-Fried.

Early Life and Education

Caroline Ellison was born in November of 1994 to Glenn and Sara, both economists working at MIT. She was raised in the suburbs of Boston, Massachusetts. As a teenager, Ellison went to Newton North High School, where she represented the US in the 2011 International Linguistics Olympiad. She went on to attend Stanford University, graduating in 2016 with a bachelor's degree in mathematics. While in college, Ellison competed in the annual Putnam Competition.

Career Beginnings

Following her graduation from Stanford, Ellison worked for the global proprietary trading firm Jane Street, based in Berkeley, California. Serving as a junior trader there for about a year and a half, she met entrepreneur Sam Bankman-Fried.

Alameda Research

In March of 2018, Ellison joined the cryptocurrency trading firm Alameda Research, which had been co-founded by Sam Bankman-Fried and Tara Mac Aulay the previous year. Ellison became co-CEO of the company alongside Sam Trabucco in October of 2021. After Trabucco stepped down in the summer of 2022, Ellison took over as the sole CEO of Alameda. She also played a critical role in helping Bankman-Fried build his cryptocurrency exchange and hedge fund FTX.

In late 2022, an anonymous source claimed that Alameda owed $10 billion to Bankman-Fried's FTX, which was alleged to have lent the firm money from its own customer funds. Ellison admitted to this activity, and said that she, Bankman-Fried, and FTX executives Gary Wang and Nishad Singh all knew that FTX had taken customer assets and concealed information about their misuse.

Below is an interview with Caroline on a YouTube channel called El Momento which later went viral thanks to some of her comments, which in retrospect come across as quite ridiculous:

Effective Altruism

Ellison and Bankman-Fried were followers of "effective altruism," which is a philosophy that states you should make as much money as possible so you can give the most money possible away to charity.

Forbes 30 under 30

Caroline and her Alameda co-CEO Sam Trabucco were both named as members of Forbes's "30 under 30" list. At the time she was 27 and he was 29. In the glowing write up, Forbes purported that Alameda was making $3-4 million per day and then made additional outsized gains investing the profits into blockchain platforms like Uniswap and Compound.

Aftermath

In the aftermath of the solvency crisis and financial scandal, Ellison was terminated from her position as CEO of Alameda. Moreover, Alameda, FTX, and more than 100 affiliated companies filed for Chapter 11 bankruptcy. For his central role in the massive financial mismanagement of FTX, Bankman-Fried was arrested in the Bahamas in December of 2022 and indicted on various counts, including wire fraud and conspiracy.

Personal Life

According to former employees of both Alameda and FTX, Ellison was in a romantic relationship with Bankman-Fried. She has declared herself a polyamorist, and reportedly lived with him and eight others in a luxury penthouse in the Bahamas.

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Thursday 8 June 2023

Is Capital Goods a Good Career Path

 In this article, we discuss capital goods and offer a list of jobs in this field to help you learn more about your career options.


 

What are capital goods?

Goods can be divided into two categories, namely capital goods and consumer goods. Consumer goods are the products or services that customer purchase. Capital goods, or durable goods, are the items that are used to create consumer goods or are sold for use by another business. Capital goods are most likely property, plants and equipment (PPE), which are also considered fixed assets. There are a number of different items that are considered capital goods and some goods may be considered both capital and consumer goods, depending on their use.

For instance, a hammer used personally by somebody in their home to hang a picture on the wall is considered a consumer good. The same hammer might be considered a capital good if it's used in a construction site to build a home. As another example, a laptop computer purchased by a student is considered a consumer good. If a business purchases new computers for all employees to complete their work, it's considered a capital good.

Examples of capital goods

Here is a list of some examples of capital goods:

  • machinery to create toys

  • forklifts used in a supermarket warehouse

  • busses that are used to provide the service of public transportation

  • assembly line equipment used to make computers

  • chemicals used for cleaning business locations

  • lawnmowers used by lawn care companies

  • microwaves in a restaurant

  • fabric to make clothing

  • fuel to power equipment for manufacturing furniture

  • telecommunications equipment used by businesses

  • parts and tools used to create automobiles


Is capital goods a good career path?

You might be wondering "Is capital goods a good career path?" if you're trying to choose the field to pursue. Jobs related to capital goods can offer a fulfilling career path if you enjoy working with tangible objects, creating objects with your hands and contributing to supply chains that help other businesses and the economy function. Here is a list of some additional benefits of working in the capital goods industry:

Plenty of job opportunities

The capital goods sector offers many entry-level opportunities for you to pursue as you begin your career. As you gain knowledge, skills and experience, there are often many opportunities for you to progress in the company or industry where you work. For example, you may begin your career in entry-level manufacturing positions, then be provided with opportunities to move to supervisory and management roles within the company. This career path also offers many different opportunities in different industries.

As you work in the field and gain exposure to other roles and departments, you can choose which one to pursue based on your experience and goals. For instance, you may choose to pursue a role dealing with capital goods related to car production or might choose one that involves textiles or pharmacological production.

Minimal experience needed

Many of the roles related to capital goods provide on-the-job training, meaning that you can begin your career without extensive education or experience in the field. Working with others and gaining on-the-job training can also help you develop skills and learn tips for the workplace faster. This helps you minimize the amount of student debt you accumulate and can help you get started in your career faster than if you required certifications or educational qualifications.


High job satisfaction

As the field involves creating tangible objects as products of your work, you can gain a high level of satisfaction in your job. It also means that you're likely to maintain a physical lifestyle as you progress in your career, adding to your physical and mental well-being. The products that you create are also directly responsible for other companies' success, which can add a degree of satisfaction to your work.

Job stability

Despite changes in the markets and economy, careers in capital goods tend to be quite stable. This is because, despite increases and decreases for businesses, those involved in capital goods typically maintain high demand and are less affected by economic factors. This can help you feel confident about your choice to pursue a job in the field and can provide you with a better quality of living when economic conditions change.

 

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Tuesday 6 June 2023

How long can you go without food and water

This will vary a lot from person to person, but the ‘rule of three’ is generally valid: 3 days without drink and three weeks without food

 


Despite what some new age gurus might claim, humans aren’t light beings that can subsist on air and sunshine alone. Like all creatures, we require food and water to survive.

Typically, humans can go without food for about three weeks before the effects of starvation on the body kill a person. But since the adult body is made of 60% water, typically a person would only last three to four days without a drop of water.

These are average values, however. There are outliers who have managed to survive for longer without food or drink. How long a person can last without access to calories and liquids depends on many factors, such as environmental conditions and a person’s underlying health.

For instance, lacking access to water in the desert under the broiling sun will kill a person much faster than in the middle of the forest where it’s much cooler.

To make things easier, use this ‘rule of three’ to get an idea of how long the human body can last without basics: 3 minutes without oxygen, three days without water, and three weeks without food. 

 

How long can someone live without water?

Fluid intake has the most immediate effect on survival. While the body has fat and muscle that it can burn for energy in case food is nowhere to be found, water stockpiles are far less plentiful.

Our bodies mostly consist of water, but we lose a lot of it each day when we sweat, urinate, or even exhale. This is why water needs to be constantly replenished. 

How much water a person needs on a daily basis depends on physical activity, age, body temperature (having a fever requires more water), the environment, and air humidity.

Water loss through respiration and sweating can be anywhere between 0.3 and 1 liter per 24 hours under typical conditions. However, under extreme conditions like trekking through the desert, an adult can lose as much as 1.5 liters of sweat per hour.

An adult will also lose around 1.5 liters of water a day through urine. If you add everything up, that’s around 2.5 liters of water lost per day. What flows in must flow out, so each adult should seek to intake at least that much water from their food and drink in order to maintain fluid balance.

Don’t worry though. You don’t have to keep your eyes on the pitcher all day, constantly measuring to make sure you’re not getting dehydrated. Each person’s water requirements vary, but the body already does a fantastic job of signaling its needs. If you don’t feel thirsty, that’s usually good enough.

What happens to the body when we’re dehydrated?

But what happens if this delicate balance is suddenly thrown off? Within a few days without fluid intake, the kidneys lose much of their function and can collapse. Depending on how much water they lose due to physical activity, temperature, and humidity, a person can survive anywhere between 3 to 7 days without water, extreme cases notwithstanding, while children and infants can survive for shorter periods of time.

An 18-year-old Austrian by the name of Andreas Mihavecz is believed to have survived the longest without water after police accidentally left him in a holding cell for 18 days in 1979. He allegedly licked condensation trails off the wall, but that doesn’t make this record any less impressive.

However, keep in mind that any dehydration that causes a loss of more than 10% of your body weight is classed as a medical emergency.

One of the most dangerous things about water loss is that it can cause blood volume to drop. With less blood circulating through the body, blood pressure can fall to levels that can be fatal.

How long can humans go without food?

The number of days a person can survive without one morsel of food has an even broader range than those suffering from water deprivation. Mahatma Gandhi, who is world-famous for his extremely long fasts, once went 21 days without food.

However, the longest a person has ever survived without food is 74 days. The record was set by Terence MacSwine, an Irish political prisoner, who went on hunger strike in protest, which eventually led to his untimely death in 1920. Generally, people who have voluntarily stopped eating during hunger strikes without ceasing their protest have died after 45 to 61 days, according to a 1997 study published in BMJ.

Hunger strike protestors are actually the most reliable evidence available that we have for how long people can go without food. Starvation experiments in controlled settings are impossible to perform, since it would be highly unethical to ask or force a person to stop eating for prolonged periods just to examine the outcome. Unfortunately, this also means that it is extremely difficult to estimate how long the average person can survive while forgoing food.

What we know for sure is that humans can survive without food for longer than without water. The body relies on calories and nutrients in food to provide cells with the energy they need to fuel vital biological processes. But when the body is deprived of food, it turns to its stockpiles.

 

What happens to the body when we’re starving?

First, the body turns to glycogen in the liver and muscles, converting it into sugar and amino acids. When it runs out of glycogen, the body starts burning fat stores for energy. This is one of the reasons why fasting is excellent for weight loss. It’s not too fun when the body has to turn to proteins for energy, though. It causes significant muscle loss, including muscle tissue from the heart. Also, too much fasting can eventually be bad for weight loss. If you’re consuming less than 800 to 1,000 calories per day, your metabolism may slow down, ironically making it harder to lose weight as you burn fewer calories.

During starvation, the pulse and blood pressure drop because the heart doesn’t have enough energy to pump blood around the body as it normally would. If food isn’t ingested soon at this point, heart failure can become inevitable.

Starvation obviously interferes with the gastrointestinal system, leading to bloating, stomach pain, vomiting, nausea, and even bacterial infections.

Deprived of energy, the central nervous system is also affected. The brain consumes a fifth of a person’s energy, but with little energy to fuel its processes, starving people will have problems concentrating or sleeping.

Bottom line: it’s not clear how long the average person can go without food or water, but humans can typically survive for weeks without starving thanks to their energy stockpiles in their glycogen, fat, and muscles. The length of time that humans can survive without water is typically shorter than the length of time they can survive without food. Adults can generally survive for about three days without water.

 

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Monday 5 June 2023

How long does food poisoning take to kick in

 Food poisoning means difference things and here are what it means fully.

Food poisoning, a type of foodborne illness, is a sickness people get from something they ate or drank. The causes are germs or other harmful things in the food or beverage.

Symptoms of food poisoning often include upset stomach, diarrhea and vomiting. Symptoms usually start within hours or several days of eating the food. Most people have mild illness and get better without treatment.

Sometimes food poisoning causes severe illness or complications.

 


Symptoms

Symptoms vary depending on what is causing the illness. They may begin within a few hours or a few weeks depending on the cause.

Common symptoms are:

  • Upset stomach.
  • Vomiting.
  • Diarrhea.
  • Diarrhea with bloody stools.
  • Stomach pain and cramps.
  • Fever.
  • Headache.

Less often food poisoning affects the nervous system and can cause severe disease. Symptoms may include:

  • Blurred or double vision.
  • Headache.
  • Loss of movement in limbs.
  • Problems with swallowing.
  • Tingling or numbness of skin.
  • Weakness.
  • Changes in sound of the voice.

When to see a doctor

Infants and children

Vomiting and diarrhea can quickly cause low levels of body fluids, also called dehydration, in infants and children. This can cause serious illness in infants.

Call your child's health care provider if your child's symptoms include vomiting and diarrhea and any of the following:

  • Unusual changes in behavior or thinking.
  • Excessive thirst.
  • Little or no urination.
  • Weakness.
  • Dizziness.
  • Diarrhea that lasts more than a day.
  • Vomiting often.
  • Stools that have blood or pus.
  • Stools that are black or tarry.
  • Severe pain in the stomach or rectum.
  • Any fever in children under 2 years of age.
  • Fever of 102 degrees Fahrenheit (38.9 degrees Celsius) or higher in older children.
  • History of other medical problems.

Adults

Adults should see a health care provider or get emergency care if the following occur:

  • Nervous system symptoms, such as blurry vision, muscle weakness and tingling of skin.
  • Changes in thinking or behavior.
  • Fever of 103 degrees Fahrenheit (39.4 degrees Celsius).
  • Vomiting often.
  • Diarrhea that lasts more than three days.
  • Symptoms of dehydration — excessive thirst, dry mouth, little or no urination, severe weakness, dizziness, or lightheadedness.

food poisoning treatment

 

 

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Thursday 6 May 2021

BullAfrica Review: Best Facts about BullAfrica Website

  What comes to your mind when you first stepped into this website looking at the name, well I know what you thought this blog was all about “A bull zoo in Africa” or probably “Bull Africa widelife”. Well, you did okey for having assumptions.

The word “Bull” is a term used in Cryptocurrency and in a short term means a profitable season in the world of Crypto Trading and coins.

As you know, the term “Africa” means a continent but our information is not just limited to just Africans but it’s for all who has interests in Cryptocurrency and Crypto Trading.

This blog is Crypto currency and trading based site, using all resources to provide the best information in the Crypto space.

We give you tips about Cryptocurrency, Crypto Trading and how to make money from crypto trading and coin.

We encourage you to subscribe to our Newsletter, join our social media platforms. This will be very resourceful and I am sure you’d not want to miss out on any great topics coming from us.

BullAfrica is based on discussing about things related to crypto currency

You Can read out BullAfrica About Us page








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Tuesday 20 November 2018

How to get the best black Friday Deals


How to get the best black Friday Awoof for flight 2018?

WOW! I just can’t keep silent on this Black Friday package from Nigeria No.1 Flight/Travel Company, giving you so much discount for your travels. Guess who is throwing this Awoof to you? What! I can hear you say Travelstart Nigeria Black Friday Flight Sale Event!!! That’s right, it is the biggest shopping day(s) of the year which is on progress. You definitely want to keep track of the date if you’re saving for your dream destination.

I know what you are thinking, you want to know which other Flight is working alongside this Black Friday Give away, Its no other than Arik Air.

When is Black Friday?
Black Friday is always the day after Thanksgiving Day in the United States. This year it is scheduled to be on the 24th of November, 2018. However, you don’t have to wait for 24th of November before booking your flights, as the No.1 flight and travel Company TravelStart Nigeria gives an open door for you to start booking right now 20th of November, 2018 and running until Cyber Monday, 26th of November, 2018.

What to expect from our Black Friday 2018?
Of course, you should expect massive savings on flights to the dreamy destination. Yeah, that’s right you heard me. I call it Black Friday Massive flight Sales. While we are yet to release our featured destinations, be ready to brace yourself up for incredible deals to best cities in the world. Naija people no miss this awoof wey go happen oo.


Smart tips for Black Friday
I know how busy your week would be for you, but with this little steps, you can always come back here and read the post to be updated:-

1. Bookmark the deals page – All  Black Friday deals will be located on this page. So don’t miss out because you were carried away by our other great deals. Stay glued to the official and only Black Friday deal

2. Have your destinations in mind – Start thinking about where you want to go. Be prepared to scroll and play around different destinations, but make sure you have a particular destination you are planning to travel to in mind. You won’t want to book a flight to places that need a visa when you don’t have one.

3. Get a credit card – Consider getting a credit card close by on the black Friday. Don’t miss top deals because you were unable to send your payment across. Travelstart Nigeria has multiple channels of payment, and using a credit card is one of the easiest ways to pay for your flight. So book your flight and make your payment instantly with no stress, at all.

The infograph can be of greater use in putting you on the right part to the black friday even and how you should go about it. so, you won't miss out. Check it out below:-

4. Share it with your friends –
Because sharing is caring … don’t be greedy. Spread the love! Share this page with your friends and let them know Travelstart Nigeria BLACK FRIDAY Flight Sale is HERE. Trust us, they’re the best, I hope you appreciate the heads up!

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Monday 19 November 2018

How to get the best Black Friday Deal From TravelStart Nigeria


Wow! Black Friday What? Travelstart’s Black Friday Flight Sale Event!!! That’s right, it is the biggest shopping day(s) of the year which is only two weeks away. You definitely want to keep track of the date if you’re saving for your dream destination.

When is Black Friday?

Black Friday is always the day after Thanksgiving Day in the United States. This year it is scheduled to be on the 24th of November, 2017. However, you don’t have to wait for 24th of November before booking your flights as we will be starting from 20th of November, 2017 and running until Cyber Monday,  27th of November, 2017.

What coined the term ‘Black Friday’?

The term Black Friday originated from Philadelphia, USA, in the early 1950s. It was used to describe a pre-Christmas day of commercial carnage. In the early 2000s, it became known as the biggest shopping occasion on the planet. Like every other festival, the event keeps growing fast across the world.
travelstart-black friday

What to expect from our Black Friday 2017?

Of course, you should expect massive savings on flights to the dreamy destination. While we are yet to release our featured destinations, be ready to brace yourself up for incredible deals to best cities in the world. Aka no miss this awoof wey go happen oo.
travelstart-nigeria-banner-black friday

Smart tips for Black Friday

1. Bookmark the deals page – All Travelstart Black Friday deals will be located on this page. So don’t miss out because you were carried away by our other great deals. Stay glued to the official and only Black Friday deal

2. Have your destinations in mind – So yes we haven’t released it. Start thinking about where you want to go. Be prepared to scroll and play around different destinations, but make sure you have a particular destination you are planning to travel to in mind. You won’t want to book a flight to places that need a visa when you don’t have one.

3. Get a credit card – Consider getting a credit card close by on the black Friday. Don’t miss top deals because you were unable to send your payment across. Travelstart has multiple channels of payment, and using a credit card is one of the easiest ways to pay for your flight. So book your flight and make your payment instantly with no stress.

4. Share it with your friends –
Because sharing is caring … don’t be greedy. Spread the love! Share this page with your friends and let them know Travelstart BLACK FRIDAY Flight Sale is coming soon. Trust us, they will appreciate the heads up!


So are you ready to witness the biggest flight sale of the year on Travelstart? Watch out!!!


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