33 min listen
Equity Monday: Elon's Twitter stake and the fate of rival social networks
FromEquity
ratings:
Length:
10 minutes
Released:
Apr 4, 2022
Format:
Podcast episode
Description
Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week.After last weeks super startup-heavy show, we were back to our regular Monday grab-bag of news! Here's what we got into:A strong start to the week from global stocks, and a general updraft to crypto prices in recent days.Elon Musk buying a huge stake in Twitter, the popular American social network. The move comes after the Tesla and SpaceX CEO tweeted that Twitter was not allowing enough free discourse. Naturally we look forward to yet another idealist learning about content moderation, but we're also tracking Twitter rivals, making the situation both complex, and entertaining.PrimeBlock is going public via a SPAC! The deck hadn't dropped in time for the show, but the initial release is here.From the rest: Tesla deliveries were hot, lemon.markets raised $17 million, and Jumia is working with UPS.Equity is live this week, so swing by to hang out if you want to this Thursday. Else we are back on a regular cadence!
Released:
Apr 4, 2022
Format:
Podcast episode
Titles in the series (100)
No parties allowed at the Airbnb IPO: Here’s what Natasha and Danny and Alex got into this week: The public markets are afire these days with Apple reaching $2 trillion in market cap, and Tesla’s stock doing all sorts of odd things. In short, stocks have only gone up for a while and that means that there’s warm, nigh-stuffy temperatures around assets of all types. This is leading to a surge in liquidity, unsurprisingly, as asset managers of all types look to take advantage of the times. So, Asana is prepping a direct listing, Airbnb has filed privately, And ThredUp is eyeing an early-2021 IPO. Around the same time as Coinbase, we’d reckon. Airbnb banned parties as well, which wound up being the title of the show. And SPACs are still happening in rapid-fire fashion. The Equity crew is not super impressed about the whole affair, but I’ll say that with Paul “Fucking” Ryan involved, it’s probably a sign of the top. And capping the liquidity chat, Natasha ran us through by Equity