Social Media Spotlight: 1/14/22
Calling out some of our favorite social posts on relevant economic / market topics.
A lighthearted post for your weekend — below is some social media content that may peak your interest. As a reminder - inclusions of Social Media Spotlights don’t necessarily receive my full ‘endorsement’ or complete analytical agreement. We are simply sharing information that hopefully aid your journey as a business person, market reader, and investor.
Let’s jump in!
Topics Include:
Unique Crypto / NFT Callouts
Supply Chain
Payments Fintechs: Private vs. Public
Rapid Fire: Crazy Statistics
🌐 Unique Crypto / NFT Callouts
Big shoutout to FTX for giving away over $100K in NFTs (2nd on the list). Also be sure to check out the tweets at the end from Genies. The company is super innovative and working on all sorts of epic NFT / Avatars / Web3 initiatives. I’m convinced that they’re one of the main authorities in this space.

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AK 👽🅰️ Nigam @akashrnigam
Avatar Ecosystems for web3 have the potential to have a bigger impact than what apps had on web2. But in order to realize FULL potential and creativity, the ownership and rights must be in the power of the people. Today, we make this official 🙏https://t.co/bdpfVeTAPf⛓️ Supply Chain
As badly as we’d like this to become ‘old news’ - it’s not. We are impacted by the combination of widespread shutdowns, coerced job displacement, a broken relationship with China, increased energy costs, winter weather, and more. Be sure to check out that last tweet for a sweet resource regarding supply chain disruptions.
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Elizabeth Warren @SenWarren
What happens when only a handful of giant grocery store chains like @Kroger dominate an industry? They can force high food prices onto Americans while raking in record profits. We need to strengthen our antitrust laws to break up giant corporations and lower prices. https://t.co/DMa9Z7adFr—

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💸 Payments Fintechs: Private vs. Public
Publicly-traded companies in this space like PayPal (PYPL) and Block (SQ) were down -20-25% in 2021. Meanwhile, privately-held companies like Stripe ($94B), Klarna ($46B), and Checkout.com ($40B) are reaching astronomical valuation levels.


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Jareau @jkwade
Payments startup Checkout raises $1B at a $40B valuation. Competitors Adyen and Stripe are valued at ~$70B and ~$100B+, respectively. https://t.co/qPTROdCGDq—




📊 Rapid Fire: Crazy Statistics
It’s justified to say that every single one of these statistics is insane.
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Patrick Collison @patrickc
In Q1 2019, 39% of Stripe's hiring was outside Bay Area and Seattle. Last quarter, it was 74%. I think the rate at which tech industry is going global is still under-appreciated, and that this will be a big tailwind for the world over the next decade.—

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🤠 Bonus Callout:
It’s officially the year of unsubb’ing from the Target or Dick’s Sporting Goods emails, and filling my inbox with more value-adding newsletters. My close friend Tejas just started one with his friends. The plan is to send a weekly update on three valuable nuggets of info from the creator world. Check it out here!
Have a great rest of your weekend. For our East Coast readers — be safe with incoming winter weather!
Disclaimer: This is not financial advice or recommendation for any investment. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
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