1.) Coinbase Enters NFT Ring 2.) GitLab’s Strong Debut 3.) LinkedIn Returns West 4.) Supply Chains Are Stuck 1.) Coinbase Enters NFT Ring: after the explosive revenue OpenSea, Dapper Labs, & others have captured was there any doubt Coinbase wouldn’t eventually enter the ring? Their waitlist is already 1M+ strong, their job board is […]
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?
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
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?
In the annals of internet history, this week may very well signal an important inflection point of the transition from human driven platforms to machine driven protocols. What happened? Coinbase went public with a debut market cap north of $75B. It is the beginning of a new internet age. Web 3.0 is here.
1.) Harry, Meghan & 👑 Oprah:
2.) Holy Beeple
3.) Roblox IPO
4.) One Year Ago
Did you know that as of 2020 90% of assets on S&P 500 corporate balance sheets are intangible assets? In 1975 it was only 17% or roughly $122 billion dollars. The 90% intangible asset figure today represents over $21 trillion dollars. Numerically it’s astounding. Basically, over time, reality has become…perception. At least from an accounting standpoint.