Week 1, October 21 – Weekly Wrap Up
1.) Ozy is Back?
2.) Facebook Goes Dark
3.) Axie Infinity & Beyond
4.) Tesla’s New HQ
1.) Ozy is Back?
2.) Facebook Goes Dark
3.) Axie Infinity & Beyond
4.) Tesla’s New HQ
Dark clouds have rolled back in over Menlo Park and Facebook is in the eye of the storm of the tech universe yet again. Frances Haugen, a former Product Manager who worked for the company for ~2 years, had also been working alongside the WSJ & SEC to leak thousands of pages of internal documents dubbed The Facebook Files. She went public with her identity and complaints Sunday night on 60 Minutes. And then, as further proof of the simulation we live in, Facebook’s family of apps disappeared from the Internet Tuesday morning.
1.) Warby’s New View
2.) Wizards of Ozy
3.) No Insta Kids
4.) Streaming Showdown
Some weeks you need to wind back the clock to business school academics from the 1980’s in order to understand startup challenges of the present. Bear with me, we’re going to land this plane! Famed Harvard Business School professor Michael Porter is well known for his book Competitive Strategy and the “Five Forces” analysis. His writing is just as relevant today in analyzing modern business strategy & competition across industries. Oft-cited, stolen, repurposed, and even thrown into “original” blog posts…for decades now!
1.) Changing of the VC Guard
2.) More China Stuff
3.) Raise A Toast
4.) OpenSea Oopsie
It feels like we are in the midst of an interesting time of this Internet super cycle. Some people are beginning to lose their heads. Whether it’s the NFTs, SPACs, BTC, ETH, or FAANGs there are $$$s everywhere. And at time likes these the most important leadership trait might just be steadiness. Keeping your head while all others are losing theirs. Sound familiar?
1.) The Facebook Files
2.) Mailchimp Closed Won
3.) Future is Canva
4.) SpaceX Inspires
Ah, exceptions. Like tiny ripples on a pond that radiate outward they’ll affect you and your organization in different ways. One important part of running a team is understanding when to maintain the status quo (precedent) and when to deviate (make an exception).
1.) Apple Pays Out
2.) Amazon University
3.) Office Reopening Paused
4.) Crypto & The SEC
How do you know if someone is telling you the truth? How do you know if the person sitting across from you in a meeting or an interview or whatever is a superhero or a super villain? I know, kind of a strange way to start here but really think about it. Before we begin please click on this Twitter thread below from Jon Wu. Read it all the way to the end and then come back: