Inside Wall Street’s single-family rental obsession

• Search firms are investing in the startups they are recruiting for. Here’s how they are doing it.
• Gusto just announced its second acquisition in as many months as the $3.8 billion fintech embarks on a dealmaking push.
• An inside look at Wall Street pouring billions into single-family rentals.

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Headhunters are getting in on fintech investing, forgoing fees in lieu of equity in the red-hot startups they are staffing up

Intersection Growth Partners

With talent — not capital — being a scarce commodity due to labor shortages, founders have been happy to bring on investors with a direct pipeline to the best employees in the industry.

Read more here.

Gusto just announced plans to acquire tax company Symmetry as the $3.8 billion fintech ramps up dealmaking efforts

Gusto

The announced acquisition is part of Gusto’s plan to build out its corporate development team. Get the full rundown here.

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Goldman Sachs execs highlighted key areas in the investment bank they’re automating to streamline how bankers get deals done

Goldman Sachs

Akila Raman and Miruna Stratan detail automation occuring within Goldman Sachs’ investment bank. Here’s what they said.

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You’re struggling to buy a home right now. Wall Street is buying and building entire neighborhoods — and getting rich. What gives?

Cohen/Ostrow via Getty Images

Wall Street firms are focusing on build-to-rent houses as controversy surrounds the scarcity of existing homes. Get the full rundown here.

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Odd lots:

How lawyers jump from Big Law to tech, from top feeder firms to the best time for making the switch (Insider)

Women, Minorities Are Queuing Up to Leave Private Equity Firms (Bloomberg)

Wells Fargo tells customers it’s shuttering all personal lines of credit (CNBC)

13 behind-the-scenes dealmakers leading this year’s digital-media M&A bonanza (Insider)

Crypto Scammers Rip Off Billions as Pump-and-Dump Schemes Go Digital (Bloomberg)

Manhattan real estate is back (Insider)

Inside the secret club that helps prepare young CEOs to take over the world (Insider)