Seven minutes. That’s how long you’d have to pitch your cryptocurrency idea to actor Andrew Duplessie, an angel investor in the space.
Then he’d grill you for seven more minutes to make sure you know what you’re talking about and that you’re not just jumping on the bandwagon.
“[There] are a lot of people trying to take advantage of the bubble,” said Duplessie during a sit-down interview with Cheddar.
Duplessie believes the cryptocurrency industry will continue to evolve from being dominated by programmers into a hub for visionaries.
“We’re seeing more legit entrepreneurs that really think about consumers,” he said. “[They] may not be able to code, but they have a really great vision for user interface and design.”
He also says start-ups that have already secured Series A or Series B funding are “considering ICOs” in the future.
“It only adds a greater value to the entire movement,” Duplessie said.
For full interview, [click here](https://cheddar.com/videos/actor-andrew-duplessie-on-investing-in-crypto).
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
