Category: Business
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“You can break down Robinhood into a series of small steps, the first one being start Robinhood, and every subsequent one being some variant of don’t stop and keep going, right, and you end up where we are today. “ In his mid-20’s, Vladimir Tenev lived in New York City.…
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+ Angel Investing, Angel Investor, Entrepreneur, Entrepreneurship, Guy Raz, How I Built This, Interviews, NPR, Podcast, Robinhood, Startup, Startups, VC, Venture Capital+
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Despite its lofty valuation, Palantir Technologies Inc. is barely growing: In the fourth quarter, he points out, Palantir signed 21 deals worth more than $5 million, and 12 of more than $10 million. But he adds that it isn’t clear how many of those are actually new customers, as opposed…
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+ Business+ Government contracts, Meme stocks, Palantir, Palantir Technologies, Peter Thiel, PLTR, Reddit, SaaS, Software, Surveillance, Tech, Wallstreetbets+
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What motivates subordinates? A fat paycheck, stock options, maybe a free trip to Hawaii? Perhaps. But on Monday’s Debrief podcast, Navy SEAL Commander and author Jocko Willink named another, more powerful inducement: “Ownership is the most powerful compensation you can give a human being.” People want control over their lives,…
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+ Bosses, Employees, Executives, Extreme Ownership, Jocko, Jocko Podcast, Jocko Willink, Leadership, Navy, Navy SEALs, Organizations, SEAL, SEALs, Strategy+
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I spent some time browsing the GME sub* on Reddit yesterday, curious what some of the stock’s most fervent supporters are saying. What I found surprised me. The most striking discussions were intensely personal. One poster described saving up his GameStop winnings for sex reassignment surgery, a lifelong dream (usernames…
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+ Community, Day trading, Finance, Friends, Gamestop, GME, Investing, Life, Meme stocks, Reddit, Stock Market, Stocks, Virtual worlds, Wallstreetbets+
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“Everybody thought I was crazy.” That’s Brian Armstrong, CEO of Coinbase. When he started the company in 2012, it was a small and quirky startup. Bitcoin had only been in use for three years and remained relatively obscure. But now, it’s safe to say not many people think Armstrong is…
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+ Angel Investing, Bitcoin, Coinbase, Crypto, Cryptocurrencies, Dogecoin, Ethereum, Investing, Litecoin, Silicon Valley, Startups, Tech, Y Combinator+
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In 2012, investor Garry Tan got an e-mail. A young Airbnb engineer named Brian Armstrong had sent him a tiny fraction of a bitcoin, worth just a few cents. But this message piqued his curiosity. How many people send you money for nothing? Tan happened to be one of the…
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+ Angel Investor, Coinbase, Crypto, Cryptocurrencies, Investing, IPOs, Money, Silicon Valley, Stocks, Tech, Venture Capital+
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NBA Top Shot’s popularity is exploding. Users pay to own an iconic basketball image or video clip, such as Lebron James dunking on someone (plenty of those choose from!). Their ownership is recorded on the blockchain in what’s called a Non-Fungible Token (NFT). NBA Top Shot is a creation of…
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+ Basketball, Blockchain, Crypto, Cryptocurrencies, Cryptocurrency, Dapper Labs, Entrepreneur, NBA, NFT, NFTs, Startups, Venture Capital, YouTUbe+
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Reopened restaurants are finding it increasingly difficult to find workers: Capacity restrictions and distancing requirements have drastically cut wages for workers like servers, who rely on tips to make up for an hourly wage at or near the federal tipped minimum of $2.13 in many parts of the country, prompting…
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+ Business+ Coronavirus, COVID, Employees, Employers, Essential Workers, Pandemic, Restaurants, Servers, Waiters, Work+
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Melvin Capital, the hedge fund that dug itself into a hole during the GameStop saga, extended its first-quarter losses to 49%. The firm, founded by portfolio manager Gabe Plotkin, saw a 53% decline in January, reversed some of that loss by gaining 22% in February, but slid another 7% in…
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+ Business+ Finance, Gamestop, GME, Investing, Meme stocks, Money, Personal finance, Reddit, Retail, Stock Market, Stocks, Video games, Wallstreetbets+
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Tremendous 