1.) Basecamp Bungle-oh
2.) Big Tech Earnings Ruled
3.) Equity Comp Changes
4.) Biden Plan

1.) Basecamp Bungle-oh: Basecamp decided they were done with politics via a company blog post on Apr 26th. By Friday Apr 30th ~1/3 of staff reportedly walked out the door. Casey Newton’s all over the beat and principles > politics every day of the week and twice on Sunday. Or by Friday, in this case..

2.) Big Tech Earnings Ruled: The ad biz (FB, GOOG) is buzzing, Apple raised their dividend, Amazon sales were +44%, MSFT nears a $2T valuation, and lions and tigers and bears! Basically the pandemic was great for tech. Kinda uncomfortable but hey the future is a coming and FAST

3.) Equity Comp Changes: Stripe and Lyft have reportedly changed their employee equity comp packages from a 4 yr vest to 1 year vest to better reflect rapidly changing market conditions via the Information. Is this notable? Dunno, we’ll see

4.) Biden Plan: Vision Fund? Lame. The Biden Fund Plan is 35x its size and is going to rebuild our infrastructure, subsidize childcare, provide free education and oh yeah..tax the rich. It’s a bold strategy Cotton, let’s see if it pays off for em!