08/30/2021: Weekly Newsletter
Money & Crypto
How neobanks can survive the future
Instacart’s “most recent valuation of $39bn is already higher than that of Kroger, America’s second-biggest supermarket chain, though Kroger’s revenues, at $132bn last year, dwarf those of Instacart, at $1.5bn. The implication is that investors believe either that Instacart will displace its supermarket partners in the years ahead, or that it will become a high-margin digital-ads business.”
JetBlue launches a low cost transatlantic flight
Social media finfluencers
Jack Dorsey of Square talks about crypto TBD project for decentralized exchange
SEC contracts w/ AnChain.AI to investigate DeFi transactions
Ethereum split due to Geth hotfix
Tech & Science
🎧Psychiatrist Anna Lembke talks about how dopamine affects pleasure and pain and why we are all so addicted to social media
6 tips on how to prevent getting hacked like using a password manager (highly recommend!), using MFA, and other tips
Apple’s class action lawsuit settlement with developers about its app store
Etc.
🎧Amazing interview with Clarissa Ward, Chief International Correspondent at CNN, who has been reporting from Afghanistan the last few weeks
🎧Steve Coll talks about the history of the war in Afghanistan
The highest paid atheletes of 2021. We could really use some gender diversity here.
Disclaimer: All opinions are my own. The content on this site and on the podcast does not constitute financial, legal, accounting, tax, or investment advice.