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Amanda Gerut

Reporter · US

Indexed articles, last 90 days
44
Latest publication
Oct 1, 2026
Outlet visibility, for fortune.com
Top 10K sites
Earliest in this view
Jul 8, 2026

Latest articles

  1. Article · Oct 1, 2026 · Amanda Gerut

    OpenAI, SpaceX investor funds went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges in charges against private fund advisers | Fortune (opens the original)

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    The Securities and Exchange Commission is dropping the hammer on private fund advisers who allegedly mishandled millions in investor assets under the guise of granting them lucrative pre-IPO shares in coveted startups such as OpenAI, SpaceX, and others. According to two separate cases announced on Wednesday, the SEC claims multiple fund advisers allegedly deceived mom-and-pop investors—including Navy veterans—about where the millions they thought they invested actually went. One adviser raised m

  2. Article · Sep 26, 2026 · Amanda Gerut

    Oracle gave Larry Ellison and his new co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater | Fortune (opens the original)

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    Oracle awarded co-founder Larry Ellison and its newly minted co-CEOs stock option packages with a combined grant-date value of $988 million in fiscal 2026, a year that saw its cloud business boom and shares post a 38% total return. By the time the fiscal year ended on May 31, every one of those options were underwater. The decline is unsurprising, given Oracle stock’s volatile year and the fact that the options were priced near the peak. Oracle, alongside other mega-cap tech companies, has been

  3. Article · Sep 25, 2026 · Amanda Gerut

    AJ Scaramucci’s Solari Capital emerges from stealth with $350 million deployed and a case that companies stay private too long | Fortune (opens the original)

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    Hi, it’s Amanda Gerut, filling in for Allie. AJ Scaramucci’s collectibles company paid $2 million for a first-appearance Iron Man comic. It also bought a record-setting Pokémon card. Ask him about them, and the conversation circles back to a problem everyone reading this knows well. It can take a very long time for a startup to go public. In Scaramucci’s case, he wants to give ordinary investors a shot at a market they’ve been locked out of, which is art, dinosaur bones, trading cards, and other

  4. Article · Sep 24, 2026 · Amanda Gerut

    A VC hired his kids' nanny to run the back office. The SEC says she took $1.3 million | Fortune (opens the original)

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    Hi, it’s Amanda Gerut, pinch hitting for Allie. In late 2014, Ellen Polcari was nannying for a VC’s two young children. A decade later, she had branded herself the firm’s “controller,” and, according to the SEC, the person who allegedly moved about $1.28 million of investor money into her own accounts. The money went to online gambling, shopping, and restaurant meals, regulators say. That complaint, filed in federal court in New Jersey on Sept. 18, states that the funds raised about $28.7 millio

  5. Article · Sep 9, 2026 · Amanda Gerut

    They built exoskeletons for stroke patients. Now, their robots can do eyelash extensions. | Fortune (opens the original)

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    Amanda Gerut here, pinch hitting for Allie. I was born into a family of sparse eyelashes. Some people have thick, natural doe eyes; for others it’s Maybelline; but for me nothing really worked. Mascara makes me look like spiders are climbing out of my eyeballs, but without darkened lashes, I don’t look particularly alive. I discovered lash extensions after I moved to Los Angeles in 2011 and I’ve been paying for them in hours and dollars on a biweekly basis ever since. Enter the robot, made by a

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