Week 4, June 21 – Weekly Wrap Up
1.) More Big Tech Bills!
2.) Microsoft $2T
3.) Public Tech News
4.) a16z – Crypto Titans
1.) More Big Tech Bills: last week it was 4 bills, now there’s 6 (!!) bills in the anti-trust package to regulate Big Tech. Things seem to be moving quickly…for now. Keep watching Capitol Hill!
2.) Microsoft $2T: speaking of big Microsoft reached a $2T valuation this past week. Only took 40 years. The house that Gates built is, well, a monster. And seemingly outside of regulator crosshairs. Bravo, Satya
3.) Public Tech News: Virgin Galactic soared with FAA approval and Nike was up based on digital sales growth. Big data startup Confluent went public, Buzzfeed is being SPAC’d & more. The IPO floodgates remain open!
4.) a16z – Crypto Titans: Andreessen Horowitz announced their 3rd crypto fund clocking in @ $2.2B. That’s a lot of dry powder to continue shaping the future of Web 3.0. Software is eating the world indeed!