A Gen Xer self-deported to Mexico after 36 years in the US for a safer, more affordable life: "I feel a sense of relief"

Regina Higuera chose to voluntarily leave the US after ICE began ramping up its operations in June.

Julie Ear

• Regina Higuera left the US for Mexico due to increased ICE operations in California.
• Higuera decided returning to her birth country would be safer and help her save money.
• Leaving her children and grandchildren was difficult, but she got to reconnect with her 90-year-old mother.

Regina Higuera built a life in the United States. As a single mother in Los Angeles, she raised three American-born children and worked in the garment industry, making pennies per sewn item.

Now, she's moved back to Mexico, the country she left 36 years ago, because Immigration and Customs Enforcement ramped up operations in Southern California this summer.

Data analysis by The New York Times found that ICE arrests have increased by 124% since last year. President Donald Trump's new budget includes $75 billion in extra funding for ICE to bolster immigration enforcement.

"We must expand efforts to detain and deport illegal aliens in America's largest cities," Trump wrote on TruthSocial last month. "I have directed my entire administration to put every resource possible behind this effort."

Higuera, 51, who did not have legal documentation to live and work in the US, was faced with an ultimatum: Stay and risk detention and deportation or voluntarily say goodbye to her children and grandchildren.

"I was really sad that I was leaving my family behind," Higuera told Business Insider. "But at the same time, I was happy that I was going to be able to see my mom, whom I haven't been able to see in 22 years."

Regina Higuera chose to self-deport to Mexico, leaving behind her three American-born children.

Julie Ear

Her daughter Julie Ear shared her family's journey to repatriate her mother online. "Come with me to self-deport my mom," she said in a video posted to social media. The moment went viral online, garnering millions of views on Instagram and TikTok.

"We're driving from LA down to TJ to drop her off at the airport, and she'll be flying to Mexico City," Ear said, referring to Tijuana, Mexico.

Higuera was anxious at first that she might be questioned while crossing the US-Mexico border, but everything went smoothly, and she arrived at the Tijuana International Airport with three hours to spare.

"Once we crossed the border into Tijuana, Mexico, I felt a sense of relief," Higuera said. " I am finally home safe, and no one can take that away from me."

Have a story to share? Reach out to this reporter at jdeng@businessinsider.com.

Living a better, more affordable life in Mexico

In May, the Trump administration announced a new program to incentivize immigrants without legal status to leave the US by offering them a $1,000 stipend. The Department of Homeland Security did not respond to comment on how many immigrants without legal status have applied for the program.

As Higuera and her family were weighing their options, they were watching ICE raids escalate in volume and violence across Southern California. Dozens of viral videos reposted by local news outlets like the Los Angeles Times and LA Taco show federal law enforcement officers using physical force and threats to detain migrants, immigrant activists, and US citizens.

Higuera decided not to apply for the funding and chose to leave on her own.

"I was mostly scared of her getting detained by ICE agents here," Ear told Business Insider. She worried her Gen X mother could be mistreated in federal custody. Investigative reporting by NPR showed that ICE detention centers can be overcrowded and lack food and medical care.

Plus, rent in LA had gotten too expensive for Higuera, who had been splitting $1,700 monthly with her husband and son. As a garment worker, her pay would range between $500 and $1,000 a week. To make ends meet, Higuera also did gig work, delivering food with Uber Eats and DoorDash.

"It was a recurring cycle that we have been working for years: living paycheck to paycheck and have nothing to show," Higuera said.

Higuera said that the cost of living in Mexico is dramatically lower, even though the move itself was expensive. The four-hour flight from Tijuana to Mexico City cost $243, and Higuera had to drive an additional five hours to her home state, Guerrero. Higuera said it cost her over $4,000 to move all her belongings across the border.

To defray the costs, her daughter put together a GoFundMe that has raised $2,635. In Mexico, Higuera said, the cost of living is so much cheaper than in the US; she estimated that she needs to make $500 to $800 a month to live comfortably.

"I have my small two-bedroom house where I don't have to pay rent," she said of a parcel of land she owns that she's been building on for years. "All I have to worry about is my living expenses." Her home is still a work in progress, but Higuera is already enjoying her new residence, which is near her extended family.

Regina and her mother have reconnected in Guerrero, Mexico, after decades of not being able to meet in person.

Julie Ear

Higuera is now semi-retired and looking for side gigs to cover her living expenses. "I honestly have no idea how much I could make out here," Higuera said. She isn't sure what kind of employment is available, but Higuera's semi-rural town still has economic opportunities. Before leaving, she packed some jewelry and items she could sell as a street vendor. "I know that I can always sell things out here the same way I did back in LA."

As she settles in, Higuera can finally see a future that isn't clouded with financial stress or fear. She hopes that her husband can join her soon and that her kids and grandchildren, who are US citizens, can visit her.

Higuera said the best part of coming back home is making up for lost time with her 90-year-old mother. "I love that my mom is just a couple of steps from me, and I have breakfast with her every morning."

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The elite MBAs ditching corporate America

How CEOs know when it's time to quit

Whole Foods cofounder John Mackey said he knew it was time to step down as the grocer's CEO when the work became less exciting.

Courtesy of John Mackey

• It can be hard for leaders whose identities are tied to their work to step down.
• BI spoke with six former CEOs who shared how they decided it was time for a change.
• Going to therapy, pursuing hobbies, or finding something new to build helped them move on.

After more than four decades running Whole Foods, cofounder John Mackey's heart was telling him it was time to go.

"It wasn't really exciting any longer," he told Business Insider.

When Mackey sold the business to Amazon in 2017, he committed to staying on for five years. Over time, however, struggles with the retail behemoth around culture took a toll, Mackey said. A year before the fifth anniversary of the sale, he told Amazon's higher-ups that he intended to leave.

Mackey said another big factor behind his decision was his status as "the last man standing." The colleagues who'd helped him propel the grocer from a single Austin location in 1980 to a natural foods powerhouse had moved on.

"Those were the people that I was in the foxholes with," Mackey said. "We shared the triumphs. We mourned together the losses."

For CEOs, it can be vexing to grapple with when — and how — to descend from what could be the pinnacle of their careers. Former chiefs sometimes struggle with a loss of identity, leaving behind work they care about, and letting go of big-time perks.

BI spoke to a half-dozen execs about how they knew it was time to move on. Their reasons varied, though all said giving up work they loved wasn't always easy.

Nevertheless, more CEOs are stepping aside these days, whether by choice or otherwise. Last week, Linda Yaccarino announced she was leaving her job running Elon Musk's social media platform, X, after just two years.

The number of CEO changes for S&P 500 companies is on pace to reach 14.6% for the year, according to data from The Conference Board and ESGAUGE. This would mark the highest turnover rate for CEOs since 2001.

When it doesn't feel scary

Reshma Saujani, who founded the nonprofit Girls Who Code in 2012 to close the gender gap in tech, said leaders should look for the exit when they stop being afraid.

"When you walk into work and it doesn't feel scary, you know it's time to go," she told BI.

Saujani gave up her CEO role in 2021, in part because she wanted to develop a nonprofit called Moms First, which began as a Girls Who Code initiative.

Reshma Saujani, who started Girls Who Code, later founded and now runs the nonprofit Moms First, in part because she was eager to build something new.

Valerie Terranova/Getty Images

She said her strength is as a startup entrepreneur. That involves figuring out a problem, communicating about it, working to solve it, and building teams.

"We were kind of past that point," she said of Girls Who Code. It had gone from being a startup to "basically being a teenager."

Saujani said she rejected the advice of friend and Twitter cofounder Jack Dorsey, whom she said told her that most founders shouldn't stay on as directors. Saujani maintains a permanent seat on the board of Girls Who Code.

"This is my baby," she said.

Rick Hammell's baby was Atlas, a human resources services company he started and ran for nearly nine years until 2023.

He said it was hard, but he eventually asked himself whether he was the right person to take Atlas to the next level.

"It took a lot of humility, I will say," Hammell told BI.

At a prior startup, Helios founder and CEO Rick Hammell asked whether he was the right person to keep running the company.

Courtesy of Helios

Ultimately, he decided to leave because he found himself spending more time in meetings with his board and investors than with customers. Hammell woke up one day and decided he was done.

He left to start Helios, which helps employers manage global workforces, so he could get his "hands dirty again" by building something new.

Setting a deadline

Even for CEOs who aren't founders, letting go of an all-consuming job can be hard. It was for Bill George, who was CEO at the medical device maker Medtronic until 2001.

George said he knew from the start he wanted to be chief for no more than a decade because, with few exceptions, he felt CEOs performed best in their first decade on the job. As his self-imposed deadline drew closer, he said he was unnerved by the thought of letting go.

It wasn't just the work or colleagues he'd be leaving. Chiefs who've been on the job longer tend to have more influence than the newbies, George said, and longtime CEOs often get invited to take part in important events, fancy conferences, and White House gatherings.

"You start to say, 'Well, why would I give all this up?'" said George, who is now an executive fellow at Harvard Business School.

In the months before stepping down as CEO of Medtronic, Bill George spoke with a therapist to prepare for the transition.

Sandra Julian

In his final six months or so as CEO, he met regularly with a therapist to prepare for the ultimate hard stop: going from overseeing some 30,000 employees to having a head-spinning amount of free time.

"All of a sudden," he said, "it's you, and if you're lucky, a part-time assistant."

In the lead up, George said he also reminded himself that he was leaving the company "in good shape."

That's similar to what Dave Guilmette, head of the employee-benefits administrator Alight, thought when he left his previous CEO role at a division of the insurance brokerage Aon in 2023.

"I had this basic mantra: Try to leave it better than you got it," Guilmette told BI.

Dave Guilmette, CEO of the employee-benefits administrator Alight, said his goal for running an organization is to "leave it better than you got it."

Julie Dietz/Dietz Studio

Life after being the CEO

Like George, former Cardinal Health CEO George Barrett knew he wanted to limit his time running the medical products distributor to about a decade so that he'd finish the job with as much energy as he had at the start.

"That was really important to me, because I had a pretty strong sense that I wanted to do some things afterwards," Barrett told BI.

Stepping down also carved out "opportunity and space" for successors.

Former Cardinal Health CEO George Barrett didn't want to stay in the role for too long because he wanted to create room for successors and make time for personal passions, like music.

Stephen Pariser Photography

Barrett said he knew he didn't want to run another big company, in part, because he wanted to teach, mentor, and focus on policy work. He also wanted to spend more time making music, something he'd studied in his youth.

In his decades at Whole Foods, Mackey, who has since started the wellness company Love.Life, said he was able to grow the grocer by continually asking, "What does the company most need me to do now?"

In 2021, Mackey quizzed himself again and came up with a novel answer: "What the company most needs me to do now is leave."

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5 millennial dads describe the burnout of modern fatherhood: Splitting parenthood duties, juggling careers, and more

Joshua Harville and his daughter at a listing

Joshua Harville

• Hoping to create a generational shift of present fathers, millennial dads are trying to share the load.
• Millennial dads today spend triple the amount of time dads spent with their kids in 1965 at the same age.
• They told BI how they're trying to be as involved in their kids' lives as possible while maintaining a career.

Millennial dads yearn to split parenting duties with their spouses and balance their jobs while still keeping their heads screwed on. However, the quest for 50/50 isn't always easy.

As Business Insider's Josie Cox wrote, millennial dads are trying to take a greater share of the responsibilities when it comes to parenting young kids. BI asked dads to weigh in on their experiences balancing childcare and work in an informal reader survey. In 48 hours, we received over two dozen responses from millennial dads across the country.

Many of the dads who replied said they were somewhat able to balance parenthood and their careers, with some weeks being tougher than others. A handful said they were drowning in responsibilities at work, home, or both, with a rarely balanced schedule.

Are you a dad trying to "have it all"? Business Insider is interested in hearing stories from fathers trying to balance parenting and their careers. Please fill out this quick form.

A 2016 Pew Research study found that dads were spending an average of eight hours a week on childcare, three times the amount of time spent in 1965.

Dads told us they wanted to change the perception of fathers and be more present at school events and recreational activities.

The flying trapeze act of parenting can be difficult. Here are some of the questions we asked and what the dads had to say.

What are your biggest challenges as a dad trying to "have it all"?

Nicholas Gilpin

Nicholas Gilpin

"Trying to 'have it all' as a dad today often feels like spinning plates. I want to support my family financially, nurture a business I believe in, and be fully present with my kids, but doing all three well at once is nearly impossible without burning out. The hardest part is managing the guilt that comes with constantly feeling like I'm not doing enough." — Nicholas Gilpin, 38, entrepreneur and stay-at-home dad of two in Fair Oaks, California.

"It's a grind, and a balance, and a helping hand from our parents every once in a while. I don't have 'days off,' everything is just part of my life like fluid momentum. Sometimes there's turbulence and adjustments are needed (and grandparents), but that's just nature — fit it in when you can get it in." — Joshua Harville, 35, real estate agent and dad of one in Fort Worth, Texas.

Michael Schmutz

Michael Schmutz

"Being able to perform at a high level for my clients while also being involved in my kids' lives. I'm also a competitive bodybuilder, so I have to wake up early to train, have all my food prepped for the day, and then be ready to be a dad by 4 p.m. most days in order to stay involved with my kids and their activities." — Michael Schmutz, 39, marketing consultant, CEO, and dad of four in Salt Lake City.

"Making sure I get to all of my kids' events and appointments. This requires late nights and early mornings to make up the difference." — Jason Schilling, 41, head of assurance services at a CPA Firm and dad of two in Minneapolis.

"I put my career on hold to better balance time with my children. I was a teacher for close to 10 years before the demands of both became too much, and I chose to find a job that allowed me to focus on my children as opposed to my students." — Ben McChesney, 41, IT manager and dad of two, in Chicago.

What percentage of parenting responsibilities do you take care of vs. your partner?

"About 70—80% of the daily responsibilities, especially during the weekdays. My partner supports more in the evenings and on weekends when she's not working." — Gilpin

"I'd say around 35% (so far as she breastfed and gets up at night)." — Harville

"We split pretty evenly, I'd say I'm at 40%." — Schmutz

"100% on me when I have my kids." — Schilling, who splits custody time.

"I would say my wife and I split the responsibility between 65/35 and 55/45 in my wife's favor. I do a lot of the household chores, but she plans everything as well as keeping up with the finances." — McChesney

Do you feel like your employer gives you the flexibility to be the type of parent you want to be?

"I'm currently unemployed and building my own business, which gives me flexibility — but also means there's no formal support, no paid time off, and a constant tension between working on the business and taking care of the kids." — Gilpin, who spends around 60-70 hours a week with his kids.

Joshua Harville and his daughter at a listing

Joshua Harville

"My employer doesn't have a choice — I'm my employer." — Harville, who says he spends at least 54 hours a week with his little one.

"Since I'm self-employed, it's harder to balance. My clients can contact me at any time, and I have to be able to help them. Flexibility isn't an option right now." — Schmutz, who estimates he spends about 50-60 hours a week with his kids.

"I told my employer, 'hey, I'm a dad first, I want to make sure I can go to my kids' appointments and my kids' games.' I thankfully was the coach of my daughter's basketball team this season." — Schilling, who spends at least 25 hours with his 2 kids each week.

Ben McChesney

Ben McChesney

"Currently, yes, but when I worked as a public educator, it really felt like taking time away from work was frowned upon. This was doubly difficult for me because I tended to work in school districts in low socioeconomic areas in which my absence was difficult to accommodate due to limited qualified substitutes." — McChesney, who spends around 40-50 hours a week with his kids.

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A Sun Valley veteran gives a glimpse into the business world's most exclusive conference

Tim Armstrong, the CEO of Flowcode, has been a regular attendee of the Sun Valley Conference for more than a decade.

Kevin Dietsch/Getty Images

• The annual Allen & Co. Sun Valley conference took place this week.
• The summit brought together executives from all corners of the business world.
• We caught up with Flowcode CEO Tim Armstrong to discuss.

For 16 summers in a row, Tim Armstrong has flown to Sun Valley, Idaho, following the July 4th holiday to attend the annual Allen & Co. Conference. The event brings together some of the most powerful and wealthiest leaders in media, technology, and finance.

The longtime tech and advertising executive brokered one of the most famous deals to come out of the summit — the $4.4 billion sale of AOL to Verizon, which began over a casual lunch in 2014.

Armstrong is now the CEO of Flowcode, a platform he founded that uses QR codes to fuel customer engagement.

Business Insider caught up with Armstrong to discuss some of the hot topics of this year's conference, which kicked off on Tuesday.

Artificial intelligence, unsurprisingly, was top of mind for attendees.

It was the "1,000-pound gorilla" in "every conversation, every meeting," Armstrong said.

"It used to be about media and technology, media and the internet," he said. "There's a third leg of the stool now: media, the internet, and AI."

AI is being adopted at a much faster pace than the internet was, he said, and executives and investors swapped ideas about how to best implement the technology.

Armstrong, for example, has enforced "TuesdAIs" at Flowcode. On Tuesdays, each department must focus on the technology by implementing new tools and updating processes to incorporate AI.

It's "time to paddle out to the next wave," he said. "Paddle hard."

Among the media set, sports dominated conversation. It's the "place that can still collect humans together in big audiences for live events," Armstrong said, adding that a similar takeaway had emerged from Cannes earlier this summer.

The conference drew attendees from all over the sports world, including the NBA, NFL, and MLB commissioners, team owners like Robert Kraft and Jimmy Haslam, and entrepreneurs like Jeb Terry of venue operator Cosm.

Armstrong ended the conference with a somewhat extreme sport of his own: bridge jumping in one of Idaho's many swimming holes.

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The Gen Z jobs gap: Great Resignation grads got a jump-start while their younger peers face a much tougher market

 

Getty Images; Tyler Le/BI

• Some recent Gen Z college grads are struggling to find work amid a hiring slowdown.
• Those who graduated during the Great Resignation faced a much more favorable job market.
• Graduation timing could have lasting effects on some Gen Zers' ability to build wealth.

One group of Gen Zers got a jump-start on building wealth. The rest aren't so lucky.

Gen Zers who locked in a job and a home are thriving. Everyone else missed out on their ticket to wealth.

i wanna be reaaaaaal careful here about describing as a wealth gap cuz idk if we know anything specific about like net worths in this. "the gen z job gap" maybe?

For Gen Z, landing a job isn't just about who you know — it's about when you graduated.

Monica Para is one of the lucky ones. She landed a software engineering job in the fall of 2022, several months before graduating with a computer science degree from the University of Illinois. She said the salary has allowed her to travel about once a month, and she's now planning to pursue a secondary degree at the University of Chicago.

"I'm at a position where I'm able to pay for my own Master's without having to take any loans," she said, "A privilege not many have."

She's among the cohort in her generation that kickstarted their careers in a high-demand job market. At that time, just 3.9% of recent college graduates ages 22 to 27 were unemployed — the lowest rate since February 2020.

Since then, however, the job market for recent grads has steadily worsened. As of March, the jobless rate for this group had climbed to 5.8%.

This shift, driven by a broad hiring slowdown across several industries, has left recent grads like Solomon Jones facing a much tougher job market. Jones graduated from Rowan University in May with a degree in sports communications, but he's struggled to land a full-time role, and freelance writing gigs have provided inconsistent income.

Jones, who has about $25,000 in student debt, is living with his parents in New Jersey while he looks for work, but said he's received "hundreds of rejection emails." In recent months, he's broadened his search to include various writing roles, as well as coaching and teaching positions.

"The goal is to obviously get a job in the sports industry, but realistically, I know that life isn't fair," said the 26-year-old. "So at this point, I'm just trying to find a job, period."

Solomon Jones has been struggling to find work after graduating from Rowan University in May.

Solomon Jones

The economy of recent years has created a divide within Gen Z, the oldest of whom are now 28. Many who graduated into the red-hot job market and low-interest rate world of 2021 and 2022 got the chance to make good progress toward the American dream and could be well on their way to HENRY — high earner, not rich yet — status. More recent graduates, by contrast, have generally had a harder time, and could spend years getting a toehold in a career — and don't even ask them about buying a home.

Have you landed a new job in the last few years and are open to sharing your story? Please fill out this quick Google Form. Struggling to find work? Please fill out this Google Form.

How recent grads can progress in their careers in a tough job market

In 2021 and 2022, US businesses hired at the highest rates in decades. But in 2023, hiring began to slow, a shift that persists today. Amid tariff uncertainty and the early effects of AI adoption, US companies are now hiring at nearly the slowest pace since 2014.

While layoffs remain low by historical standards, Americans who don't have a job but want one are in a much tougher spot. This has left many young college grads — new to the workforce and without roles to fall back on — especially vulnerable.

The impact of graduation timing extends beyond the job market. Some older Gen Zers were able to buy homes and lock in rock-bottom mortgage rates before borrowing costs began rising in 2022. That year, 30% of 25-year-old Gen Zers owned a home — a higher rate than millennials or Gen Xers had at the same age, according to a Redfin analysis.

But rising home prices and mortgage rates have since stalled that momentum, yet another sign that for many in the generation, timing is everything.

Still, some grads who entered the job market at an opportune moment have also faced career challenges, while others who graduated into a tougher environment have managed to find work.

While Para was able to start working post-graduation, she said the job wasn't a good long-term fit. In March, after a roughly four-month search, she landed a data analyst position in the education field. She said she's happy with her new job — but more than anything, she's grateful to be employed.

"I feel good about having a role because it gives me something to look forward to every day," said the Illinois resident. "I have friends who are younger than me, who graduated from elite universities, who still can't get a job a year-and-a-half after graduating."

That's what Jahanvi Shah feared would happen to her. In the months before graduating from Cornell University in December 2023 with a master's in engineering management, Shah said she applied to over 500 jobs and secured five interviews, but none led to a full-time offer. As an international student, this put her immigration status in jeopardy.

Because she was on an F-1 optional practical training (OPT) visa, she said she had a limited window to secure some form of employment after graduating. Otherwise, she'd have had to move back to India, where she was born and raised.

Jahanvi Shah struggled to land a full-time job after earning her master's degree from Cornell University in 2023.

Jahnavi Shah

Shortly before graduating, she landed a part-time product manager role that allowed her to stay compliant with her visa. In August 2024, nearly eight months after graduation, she landed a full-time role at a company that had previously turned her down.

"It's a great reminder that even if an opportunity doesn't work out immediately, staying on the radar can make a difference," said the 24-year-old, who lives in San Francisco.

Stories like Shah's — and those of people who graduated during the Great Recession and ultimately found career success — offer hope to job seekers such as Jones. But the Gen Zer said he knows several recent grads who didn't have the same outcome. While most eventually found work, many had to settle for roles outside their field of study.

Jones said he still hopes to find a fulfilling job that complements his degree — and makes the student debt he took on feel worthwhile — but he knows this is far from a guarantee.

"I want a job that is fulfilling — that I feel like I earned after going to college and taking on debt," he said. "But it's just been a struggle all around."

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Anam builds digital humans that can have lifelike conversations. Read the pitch deck that it used to raise $9 million.

Anam cofounders Ben Carr and Caoimhe Murphy hail from Scotland and Ireland and previously worked together at Synthesia.

Anam

• Anam has raised $9 million to build AI personas that can converse in real time.
• The Redpoint-backed company was cofounded by two Synthesia veterans in late 2023.
• Anam has 2,000 clients and is tracking $5 million in annual revenue, cofounder Caoimhe Murphy said.

Anam, an AI startup building digital humans that can have lifelike conversations, has raised $9 million in seed funding.

Redpoint Ventures, with participation from SV Angel, led the latest round. Anam, founded in October 2023 and named for the Irish word for "soul," had previously raised a $2.3 million pre-seed led by Concept Ventures.

Today, Anam has 2,000 clients ranging across education, sales, customer support, healthcare, and beyond. The hair brand Schwarzkopf uses Anam as an education tool for stylists, for instance, while language learning platform Preply uses it to simulate learning environments.

Other competitors like Tavus and HeyGen are also trying to solve what is a vastly difficult technical problem, Anam cofounder and CEO Caoimhe Murphy told Business Insider — from flawless lip syncing to realistic facial movement to near-immediate response times to the ability to scale to hundreds of thousands of users.

"There's no real winner right now," she said of the race to build the highest quality product. "That's why the market's so exciting."

Anam generates every pixel of its avatars, Murphy said, as opposed to how other rivals may only partially generate avatars or use a video on loop and just dub the mouth.

"That's where real expressivity and natural conversation comes through," she said.

The company recently released a feature called One-Shot, which can generate an AI persona from a photograph in minutes.

Murphy and Ben Carr, Anam's cofounder and CTO, previously worked together at AI video unicorn Synthesia. Murphy worked in sales, and Carr worked as an AI research engineer.

Anam has 16 employees and is tracking $5 million in revenue this year, Murphy said. It makes money by charging per minute of conversation.

"They're building the next interface layer between humans and machines," Redpoint partner Meera Clark said in a statement.

Here's a look at the pitch deck Anam used to raise $9 million in seed funding. A slide has been redacted to share the deck publicly.

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