Dan Primack

Dan Primack is a business editor at Axios and author of the daily Axios Pro Rata newsletter. He covers the world of dealmakers across VC, PE and M&A. emaildan@axios.comtwitter@danprimackStories Newsletter editions

79%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

82%

Examples:

  • The author also seems to have a slight preference for reporting on business and finance topics related to VC, PE and M&A.
  • The author has a tendency to present both sides of an argument, but leans slightly towards the perspective of the SEC in one article.

Conflicts of Interest

75%

Examples:

  • Another conflict of interest is mentioned in an article about Uber's acquisition of Drizly, where the author implies that cybersecurity may have been a factor in the shutdown of Drizly.
  • In one article, the author highlights potential conflicts of interest for VC firms that invested in both Elon Musk's AI company and OpenAI.

Contradictions

86%

Examples:

  • Another contradiction is found in an article about OpenAI where the author mentions Elon Musk's contributions to the organization, while also reporting on Musk's lawsuit against OpenAI.
  • In one article, the author reports that Uber acquired Drizly for $1.1 billion in 2021, but also states that Drizly functioned similar to food delivery services and was always an odd match for Uber.

Deceptions

79%

Examples:

  • In another article, the author is criticized for suggesting that Drizly provided backend tech allowing local liquor stores to provide their own deliveries when, in fact, Drizly provided a service that allowed customers to order alcohol online and functioned similarly to food delivery services.
  • The author is accused of deception in one article for implying that Elon Musk has control over the outcome of his lawsuit against OpenAI.

Recent Articles

Boston Celtics Up for Sale: Wyc Grousbeck-Led Group Sells NBA Franchise for Estimated $4 Billion

Boston Celtics Up for Sale: Wyc Grousbeck-Led Group Sells NBA Franchise for Estimated $4 Billion

Broke On: Monday, 01 July 2024 The Boston Celtics, a historic NBA franchise with a record 18 championships and a fan base that rivals other US professional sports teams, is up for sale with an estimated value of $4 billion. Wyc Grousbeck's family initiated the sale process due to estate planning considerations. Potential buyers include John Henry of Fenway Sports Group and various private equity funds, with media rights negotiations ongoing. The sale is expected to be completed by 2025.
McDonald's Buys Back Israeli Franchises After Boycott Campaign

McDonald's Buys Back Israeli Franchises After Boycott Campaign

Broke On: Friday, 05 April 2024 McDonald's is acquiring its Israeli franchises after a boycott campaign due to the company providing free meals to the military. This move will allow direct management of all 225 restaurants and retain over 5,000 employees.
Trump's Social Media Company Faces Financial Uncertainty

Trump's Social Media Company Faces Financial Uncertainty

Broke On: Monday, 01 April 2024 Truth Social, the social media company founded by former President Donald Trump, is facing financial difficulties with a loss of $58 million in costs last year despite making just over $4 million in revenue. The auditor for the company has raised substantial doubt about its ability to continue as a going concern.
Elon Musk Sues OpenAI Over AI Technology and Commercial Gain Focus

Elon Musk Sues OpenAI Over AI Technology and Commercial Gain Focus

Broke On: Friday, 01 March 2024 Elon Musk has filed a lawsuit against OpenAI over its AI technology, alleging that the company has strayed from its founding principles and is now focused on commercial gain rather than societal betterment. The shift in focus was sparked by Microsoft's partnership with OpenAI, which included observer rights on its board. Musk claims this partnership violates the open-source nature of AI technology and threatens to undermine public trust in the field.
Uber Shuts Down Drizly Alcohol Delivery App to Focus on Core Strategy

Uber Shuts Down Drizly Alcohol Delivery App to Focus on Core Strategy

Broke On: Wednesday, 17 January 2024 Uber has shut down its alcohol delivery app, Drizly. After three years of operation as a separate entity from Uber Eats, the company is focusing on its core strategy of helping consumers get almost anything - food, groceries or alcohol - all on a single app.

University of Pennsylvania President Faces Backlash Over Antisemitism Response

Broke On: Thursday, 07 December 2023 University of Pennsylvania President Liz Magill is facing backlash and calls for her resignation following her testimony at a congressional hearing on antisemitism. The board of Penn's Wharton business school and the Wharton Board of Advisors have called for Magill's resignation. A major benefactor has threatened to withdraw a $100 million donation to the university. The congressional committee that held the hearing is now investigating the University of Pennsylvania, along with Harvard and MIT.

SEC Files Lawsuit to Compel Elon Musk to Testify in Twitter Stock Acquisition Probe

Broke On: Thursday, 05 October 2023 The SEC has filed a lawsuit against Elon Musk to compel him to testify in a probe related to his acquisition of Twitter stocks. The SEC is investigating Musk's Twitter stock purchases for potential violations of federal securities laws. Musk has allegedly failed to comply with a subpoena issued by the SEC.