The alt-data industry faced serious growing pains after its sudden glow up — here's what players in the multi-billion-dollar space can expect for 2020

Bradley Saacks,Dan DeFrancesco | Alt data has been forced to grow up quickly: investors poured in, data powerhouses have carved out their space, and promising companies have flopped.

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Fortress CEO Wes Edens didn't show up to board meetings even as his private-equity firm ran a $115 million tab for managing local newspaper chain GateHouse

Casey Sullivan,Bradley Saacks | The billionaire and Milwaukee Bucks co-owner was the chair of the board of New Media — a public media investment firm spun out by his private-equity firm in 2013.

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Bloomberg's alt-data head is starting up a new business at retail consultant Ascential — and it shows how firms can cut out middlemen and sell information directly to hedge funds

Bradley Saacks | The new division is a peek into a future where alt-data companies could be skipped altogether in the data consumption process, with the original producer bypassing firms like 1010data, Yodlee, and others.

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JPMorgan is hiring to grow a team that designs tech used by its bankers and clients — and it shows the huge impact fintech is having on Wall Street

Dan DeFrancesco | Debra Herschmann, who leads JPMorgan CIB's user experience efforts, spoke to Business Insider about the importance of putting design first.

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UBS had 2 multi-billion-dollar clients pull their money out of its massive Americas wealth business, driving overall fourth-quarter outflows

Rebecca Ungarino | One of the clients had an account between $3 billion and $4 billion, while the other was between $1 billion and $2 billion, a person familiar with the matter said.

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Greenlight Capital's David Einhorn is adding to his bet against Netflix and loading up on gold, a new investor letter shows

Bradley Saacks | The firm is also loading up on gold as a hedge against the Federal Reserve's large balance sheet and low interest rates.

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The head of professional development at Steve Cohen's Point72 explains how to climb from fresh college grad to portfolio manager at the $16 billion hedge fund firm

Bradley Saacks | The $16.1 billion hedge fund manager puts young recruits through a 10-month program called the Academy before they start as analysts.

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A 34-year-old freelancer who quit the job she hated and now makes $200,000 a year debunks 5 of the biggest myths she's encountered about becoming your own boss

Morgan Overholt | Graphic designer Morgan Overholt felt underpaid and overworked, so she quit her job and went to work for herself, learning key lessons along the way.

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The CEO of LinkedIn personally responded to a woman who claimed she was sexually harassed on the platform: 'It is completely unacceptable'

Ashley Stewart | A LinkedIn user in an open letter asked CEO Jeff Weiner to do more to prevent harassment and attempted scams on the site. Weiner responded.

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