Monica Hunter-Hart
@mhunterhart.bsky.social
NYC-based reporter at @forbes.com who covers the world's richest people with focuses on real estate, the arts, business disputes, and money in politics.
Recently @columbiajournalism.bsky.social @columbiasipa.bsky.social @asia.nikkei.com
Recently @columbiajournalism.bsky.social @columbiasipa.bsky.social @asia.nikkei.com
3/3 In the wake of the company's most profitable quarter yet, and of cofounder and CEO Steve Huffman becoming a billionaire, I took a look at how Reddit’s business model has evolved over time and how the platform is alternately fighting and embracing the AI age:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
Reddit’s Cofounder And CEO Steve Huffman Is Now A Billionaire
Strong ad sales have propelled Huffman into the billionaire ranks. Now he’s charting a new course, aiming to become invaluable to AI companies.
www.forbes.com
November 3, 2025 at 8:11 PM
3/3 In the wake of the company's most profitable quarter yet, and of cofounder and CEO Steve Huffman becoming a billionaire, I took a look at how Reddit’s business model has evolved over time and how the platform is alternately fighting and embracing the AI age:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
2/3 All of this is because authentic human content — Reddit’s specialty — is an increasingly hot commodity. AI companies need troves of it to train their models. And as bots and sponsored content crowd the internet, Reddit’s recommendations are seen as more reliable.
November 3, 2025 at 8:11 PM
2/3 All of this is because authentic human content — Reddit’s specialty — is an increasingly hot commodity. AI companies need troves of it to train their models. And as bots and sponsored content crowd the internet, Reddit’s recommendations are seen as more reliable.
2/2 Edwin Chen worries that AI models are too often optimized to send users down "delusional rabbit holes." He thinks artificial general intelligence is still 20 years away. And he hired a drummer with no tech experience as his 5th employee. My kinda guy. Give it a read!
September 17, 2025 at 3:05 PM
2/2 Edwin Chen worries that AI models are too often optimized to send users down "delusional rabbit holes." He thinks artificial general intelligence is still 20 years away. And he hired a drummer with no tech experience as his 5th employee. My kinda guy. Give it a read!
The sale dooms the nationwide 5G mobile network he'd promised, and with it hopes of a more competitive cell service market anytime soon.
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
August 28, 2025 at 2:45 PM
The sale dooms the nationwide 5G mobile network he'd promised, and with it hopes of a more competitive cell service market anytime soon.
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
The sale dooms the nationwide 5G mobile network he'd promised, and with it hopes of a more competitive cell service market anytime soon.
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
August 28, 2025 at 2:41 PM
The sale dooms the nationwide 5G mobile network he'd promised, and with it hopes of a more competitive cell service market anytime soon.
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
It also means the end of some cutting-edge software EchoStar had been developing. (2/3)
Here's the story, out today from me and my incredible former colleague @jemimamcevoy.bsky.social — her last story with @forbes.com:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
‘Smoke And Mirrors’: How This Entrepreneur Exaggerated And Self-Promoted Her Way Into Turmoil
Pierson has cozied up to everyone from Diane Von Furstenberg to Selena Gomez, burnishing her image as her businesses unraveled. A case study in how hubris is bad for business.
www.forbes.com
August 7, 2025 at 6:48 PM
Here's the story, out today from me and my incredible former colleague @jemimamcevoy.bsky.social — her last story with @forbes.com:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
Pierson—who portrays herself as an advocate for women and for mental health—berates her mostly-female staff, often sending employees to tears.
“There was this culture of Danny having two personalities,” says an ex-worker. “One was online, and with us she was different.” (3/4)
“There was this culture of Danny having two personalities,” says an ex-worker. “One was online, and with us she was different.” (3/4)
August 7, 2025 at 6:47 PM
Pierson—who portrays herself as an advocate for women and for mental health—berates her mostly-female staff, often sending employees to tears.
“There was this culture of Danny having two personalities,” says an ex-worker. “One was online, and with us she was different.” (3/4)
“There was this culture of Danny having two personalities,” says an ex-worker. “One was online, and with us she was different.” (3/4)
But not all is as it seems.
A Forbes investigation reveals that Pierson has been exaggerating revenue, subscriber, and other numbers for years. Her masterful self-promotion and hyperbole have helped her attract ever more investors, partners, and elite friends. (2/4)
A Forbes investigation reveals that Pierson has been exaggerating revenue, subscriber, and other numbers for years. Her masterful self-promotion and hyperbole have helped her attract ever more investors, partners, and elite friends. (2/4)
August 7, 2025 at 6:47 PM
But not all is as it seems.
A Forbes investigation reveals that Pierson has been exaggerating revenue, subscriber, and other numbers for years. Her masterful self-promotion and hyperbole have helped her attract ever more investors, partners, and elite friends. (2/4)
A Forbes investigation reveals that Pierson has been exaggerating revenue, subscriber, and other numbers for years. Her masterful self-promotion and hyperbole have helped her attract ever more investors, partners, and elite friends. (2/4)
3/ In my latest story for @forbes.com, I dig into the real reasons for Wayfarer’s closure — and the impact it’s having on the foundation’s nonprofit grantees:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
How The Blake Lively Saga Led A Billionaire To Shut Down His Foundation
Steve Sarowitz built a charitable foundation around the values of Baháʼí. The organization funded hundreds of nonprofits until it suddenly announced its closure in May.
www.forbes.com
July 4, 2025 at 9:13 PM
3/ In my latest story for @forbes.com, I dig into the real reasons for Wayfarer’s closure — and the impact it’s having on the foundation’s nonprofit grantees:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
2/ At the time, many outlets reported that the shutdown was motivated by financial difficulties. But my reporting indicates otherwise.
July 4, 2025 at 9:13 PM
2/ At the time, many outlets reported that the shutdown was motivated by financial difficulties. But my reporting indicates otherwise.
3/ The ultra-wealthy are coping with everything from secret trackers on their kids to sophisticated online threat monitoring to full security squads. I took a look at what they’re doing, and how much it costs, for @forbes.com:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
Billionaires And CEOs Are Seeking Personal Security At Record Rates
As resentment of the rich and powerful grows, the ultra wealthy are using everything from secret trackers to security squads to protect themselves and their families.
www.forbes.com
May 9, 2025 at 3:25 PM
3/ The ultra-wealthy are coping with everything from secret trackers on their kids to sophisticated online threat monitoring to full security squads. I took a look at what they’re doing, and how much it costs, for @forbes.com:
www.forbes.com/sites/monica...
www.forbes.com/sites/monica...
2/ The nation’s wealthiest people and the companies that employ them have sought protective services at increased rates over the past few months, 13 security firms told me. Nine said they’re getting record or near-record numbers of inquiries.
May 9, 2025 at 3:24 PM
2/ The nation’s wealthiest people and the companies that employ them have sought protective services at increased rates over the past few months, 13 security firms told me. Nine said they’re getting record or near-record numbers of inquiries.