Morgan Stanley Insider Trading Accusation
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Alex shares a story about almost getting fired from Morgan Stanley over his side project, Morning Brew.
"I almost got fired from Morgan Stanley because they were worried I was insider trading through Morning Brew's newsletter. HR found out about Morning Brew which I was supposed to have permission to work on. The guy who was supposed to give me permission and told me he would, got fired in a massive layoff at Morgan Stanley, so I didn't get permission.
They basically had me meet with Morgan Stanley lawyers - two litigators that were defending Morgan Stanley - saying, 'You can never tell anyone about this meeting, but we are concerned that you are trying to make investment decisions and get private information using your newsletter.'
So that was kind of the last straw for me, made me really not enjoy the job. I quit my job, we raised a small round in 2016."
Alex Lieberman
Co-founder & Executive Chairman of Morning Brew, Chairman of storyarb.
Alex Lieberman is the co-founder and Executive Chairman of Morning Brew, a daily business newsletter that scaled to millions of subscribers before its majority acquisition by Business Insider's parent company in 2020. He hosts the 'Founder's Journal' podcast, offering insights on entrepreneurship and building businesses. He is also the Chairman of storyarb, a B2B content marketing agency, and is involved in other ventures including growthpair and distro. He is widely recognized as an entrepreneur, media builder, and content creator focused on startup culture and business growth.