This episode is brought to you by Revolute. Revolute is your perfect travel

companion for all things money. You can spend in over 150 currencies with great

exchange rates and withdraw from ATMs all over the world with no charges from

Revolute within your plan allowance. Sign up to Revolute at Revolute

dot com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.

Until 18-plus, it's going to cover business

and finance and all things like that.

I'm Felix Salmon, I'm the senior editor at Fusion, and today we're going to be discussing Alibaba,

which is this Chinese internet giant company that is soon also going to be a Cayman Islands special purpose vehicle selling shares on an American stock exchange.

We're also going to be talking about Sotheby's, the auction house, which lost its battle this week with a hedge fund billionaire and

we'll debate the minimum wage is $15 an hour a brilliant policy a disaster in the

making or is it not going far enough?

And finally, every week we're going to go around a table

for a lightning round of interesting numbers,

one number each from this past week.

There are three of us here in New York. I'm

joined by the other two members of the core slate money team Kathy O'Neill is a

former hedge fund quant who then became a central player in Occupy Kathy.

What are you doing these days?

Oh, hi Felix, thanks for having me.

I'm working at the Journalism School of Columbia starting a new data journalism program.

Sounds very exciting and of course this being Slate, we're joined by Slate's very own

...