1.) Tesla Buys Bitcoin
2.) Social Resurgence
3.) Bumble IPO
4.) Salesforce Goes Hybrid

1.) Tesla Buys Bitcoin: Elon announced they put $1.5B of Bitcoin in the Tesla treasury. Buzzy story that overshadowed Mastercard’s potentially more substantial announcement that they will support cryptocurrencies on their payment network. Web 3.0 is basically here people

2.) Social Resurgence: Pinterest, Snap, and Twitter are touching all time highs. TikTok continues to explode. Clubhouse raised @ $1B. FB gets all the antitrust scrutiny but…there’s a lot of competition out there

3.) Bumble IPO: Whitney Wolfe Herd is the youngest female CEO to ever bring a company public at the age of 31. [Insert dating pun here]. Blackstone bought a majority stake in 2019 @ $3B and the stock closes the week trading at a $13B market cap making Whit a billionaire. Go gurl

4.) Salesforce Goes Hybrid: in a move that will reverberate throughout the SF startup scene, Salesforce has decided to move to a hybrid workplace model. Most employees will go to an office 1-3 days/week. Others will be fully remote. Silicon Valley is in the cloud now, don’t you know?