Week 1, September 21 – Weekly Wrap Up
1.) PayPal Goes for Broke(rage)
2.) BAYC Bonanza
3.) ESPN Bets Big
4.) Apple’s Payment Retreat
1.) PayPal Goes for Broke(rage)
2.) BAYC Bonanza
3.) ESPN Bets Big
4.) Apple’s Payment Retreat
Our greatest stories are made of heroes who overcome phenomenal odds to achieve greatness. Basically, people exceeding relative expectations. It is always about the relativity when it comes to expectations.
“We forecasted $1B this quarter and achieved it.” Oh, ok. Good work.
W2:
1.) Doge Founder Barks
2.) TikTok Shelves IPO
3.) A Fleeting Feature
4.) Delta Variant 📈
W3:
1.) Activision Toxic?
2.) Zoom Radios Five9
3.) Streaming to Gold
4.) Tech Things
Reed Hastings, Netflix Co-Founder (ever heard of him?), recently co-wrote a book about Netflix’s culture called No Rules Rules with Erin Meyer. It’s a really interesting read about how they build and maintain a high performance team that, for many, will introduce a starkly different management approach than most other standards in startup land. Its pages include relevant stories of the wins and challenges the company has faced along the way.
There is a tectonic shift underway across the media landscape this week. AT&T announced they would be spinning off WarnerMedia and merging it with Discovery. This new entity would form a pretty massive content platform to compete on the scale of industry titans like Disney and Netflix. But that’s not all! Just a couple days (hours?) later rumors leaked that Amazon was in talks to acquire MGM Studios for ~$9B.
1.) It’s Audio Week!
2.) Netflix Ran Outta Subs
3.) Peloton Pressure
4.) Travis Kalanick is Back?
Maybe it’s the DOGE ripping to the moon. Could be the NFTs setting auction records. Or the red hot M&A market. The SPAC wave within an IPO tsunami? The point is it feels a little frothy out there. “Too much money chasing too few ideas” they have traditionally said. Does feel like there are a ton of ideas out there though?
1.) Tesla Titles
2.) Streaming Gold
3.) Lebron Scores
4.) Goldman Suchs
1.) New American Era
2.) Bezos Offers Vaccine Help
3.) NFLX Cash Flow +
4.) Jack Ma Sighting
5.) Levandowski Pardoned