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Showing posts from September, 2026

How to Build a True-Crime Case-Tracking Website From Scratch

How to Build a True-Crime Case-Tracking Website From Scratch A complete blueprint: architecture, data model, human-in-the-loop AI production pipeline, operating economics, and monetization There is something rare on the internet: a site that built a genuinely engaged audience — roughly half a million pageviews a month at its peak — and still closed. Not for lack of readers. Homicide Watch D.C. closed because keeping every case file current cost roughly one full-time reporter's salary, and when its founders relocated, no local partner would fund that role. The audience was there. The economics were not. That gap — between what readers want and what it actually costs to keep it current — is the problem this blueprint solves. Not with a content strategy. With an operating model: a structured case database, a human-in-the-loop AI pipeline, and a per-case update cadence that is honest about ...

Personalis Shareholders Are Being Offered $16.25 a Share. What They Actually Get Is More Complicated.

Tempus AI is acquiring Personalis. The headline price is $16.25 a share. The deal is valued at roughly $1.5 billion net of Tempus's existing ownership, or about $1.7 billion gross. But that $16.25 is not guaranteed cash. It is primarily Tempus stock — subject to an exchange ratio, a price threshold, and a cash option Tempus controls. What shareholders actually receive will not be clear until closing. Key Takeaways Tempus AI agreed to acquire Personalis for $16.25 per share, but the headline consideration is not a guaranteed all-cash payment. The transaction is structured primarily as a stock deal, with a cash election that Tempus may or may not exercise. The maximum exchange ratio is 0.3356 shares of Tempus (TEM) for each PSNL share. The ratio is determined using the Tempus Stock Price specified in the merger agreement — generally a 15-day volume-weighted average price measured shortly before closing. At or below the $48.42 threshold, the exchange ratio stays fi...

CoreWeave Raised $4.2 Billion in Convertible Debt. Here Is How the Money and Dilution Are Structured

CoreWeave completed a $4.2 billion convertible-notes offering on September 22, creating a new layer of capital that combines a 2.875% debt obligation with potential future equity issuance and a $566.2 million capped-call transaction. Key Takeaways CoreWeave completed a $4.2 billion convertible-notes offering on September 22, 2026, with a 2.875% annual interest rate and a maturity date of April 1, 2033. CoreWeave received $4.137 billion in net proceeds after initial purchasers' discounts, before estimated offering expenses, and approximately $566.2 million went toward capped-call transactions. The notes have an initial conversion price of approximately $97.85 per share, while the maximum conversion rate could result in as many as 52,578,540 shares being issued upon full conversion, subject to adjustments. The capped-call transactions have an initial cap price of $199.70 per share and are intended to reduce potential dilution and/or offset certain potential cash payments a...