The Coachella of capitalism is back.

After repeatedly postponing its flagship event last year, the Milken Institute announced Thursday its Milken Institute Global Conference will return this fall to a fully in-person event from October 17-20 at the Beverly Hilton Hotel.

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It is a great time to be a startup founder, with soaring valuations and investors tripping over themselves to get a piece of startups. As hot as the startup scene was last year, it has gotten even hotter this year, with a slew of megadeals pumping even more money into the biggest startups as they prepare to go public in the frenetic IPO market.

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Counter Brands is getting a billion-dollar makeover, and joining the unicorn club.

The parent company of Beautycounter, which makes eco-friendly skin-care products and cosmetics, is being acquired by the massive private equity firm, The Carlyle Group, executives at the companies announced Tuesday.

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