Social Media Spotlight: 1/14/22

Calling out some of our favorite social posts on relevant economic / market topics.

Jan 15

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.

Reese Witherspoon @ReeseW

In the (near) future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will be the norm. Are you planning for this?

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FTX NFTs @Ftx_Nfts

Announcing our January NFT Giveaway

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Rob Petrozzo @robpetrozzo

Bought my first Solana NFT. From a vending machine. w/ Apple Pay. 90’s nostalgia 🤝 digital future ✨✨✨

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Coinbase NFT @Coinbase_NFT

🙂Spreadin’ Smilesss🙂 We’re stoked to welcome @smilesssvrs, a collection of full-body 3D art that blurs the line of culture, fashion, and hip-hop. LG! ::)

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GENIES @genies

New web, new me 🙃 Starting now, every single creator (talent, users, and aliens alike) will fully own their Genie and their respective creations. Effective immediatellllyyy: blog.genies.com/giving-you-own…

Genies | Giving You OwnershipToday, we are officially expanding our mission from “be the digital identity for humans” to “empower humans to create their own digital identity ecosystems” by providing ownership rights of the Genie avatar and its respective creations.blog.genies.com

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Izzy Pollak | @Genies | 👽🅰️ @IzzyPollak

As of today @genies has announced you own everything you create👗⌚️🥾 We're making the shift from platform to tool making factory, web2 to web3 Our mission changes from "be the digital identity for humans” to “empower humans to create their own digital identity ecosystems.” 🖖

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.

Bloomberg @business

The world economy may be headed for the “mother of all” supply chain stumbles Bloomberg - Are you a robot?trib.al

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USA TODAY @USATODAY

Don't be surprised if your grocery store is full of empty shelves, it is happening all across America.

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Noah Smith 🐇 @Noahpinion

Kroger's profit margin is 1.52%

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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First Squawk @FirstSquawk

US AGRICULTURE SECRETARY VILSACK SAYS TO PUSH CHINA TO MAKE UP $16 BILLION DEFICIT IN PHASE ONE TRADE AGREEMENT

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Steven Bernard @sdbernard

ANIMATION showing port congestion at Shanghai. Huge thanks to the team @VesselsValue for the data. There's one for LA in the article too. Supply chain disruption is likely to continue well into 2022. Read @harrydemps fascinating article ft.com/content/21242e… #dataviz #gistribe

💸 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.

TechCrunch @TechCrunch

Daily Crunch: Payments company Checkout.com reaches $40B valuation after $1B Series D tcrn.ch/34FjTHz by @alex

Daily Crunch: Payments company Checkout.com reaches $40B valuation after $1B Series D – TechCrunchToday we have to talk about things both serious and less serious. So we’re going to look at global venture capital results for 2021, and Wordle.tcrn.ch

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Mike DAOdas (🏌️‍♂️, ⛳️) @mdudas

your periodic reminder that @davidmarcus & PayPal buying Braintree + Venmo for $1b in 2014 was one of the single greatest tech acquisitions of all time

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

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☩ TheModernSociety ☩ @ModernSociety33

"the value will lay within the tokenized protocol enabling smart contracts" - Mark Carney 2022 stripe 🤝 $LINK Mark -> on the board of stripe. open.spotify.com/episode/5Fj78k…

📊 Rapid Fire: Crazy Statistics

It’s justified to say that every single one of these statistics is insane.

statista

A post shared by Statista (@statista)

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CB Insights @CBinsights

Unbundling Craigslist – $8.87 Billion Raised to Date by Startups cbi.vc/1HL7KhP

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Reed @Reedjd

Absolutely crazy year for @MrBeast: ▶️ Gained an average of 100K subscribers/day ▶️ 25% of his new subscribers are from Squid Game ▶️ First time in years T-Series is not #1 Photo credit: @pwnyygaming

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Brian Armstrong @brian_armstrong

Inspired me to look up the same numbers. For Coinbase, Q1 2019 was 30% outside the Bay Area, and last quarter (Q4 2021) was 89% outside the Bay Area. Tech is definitely decentralizing. Silicon Valley is now in the cloud.

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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Meb Faber @MebFaber

Stock markets historically hate inflation. In normal times (0-4% inflation) the average 10-year PE ratio is ~20. > 4% inflation it's 13. > 7% inflation it's 10. We're at 40. Outside of 2021/2022, the HIGHEST valuation EVER awarded US market above 5% inflation? 23

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unusual_whales @unusual_whales

🚨BREAKING NEWS🚨 I have just released the full trading report on politicians in 2021. In short, many beat the market. They traded more than ever before. And they made numerous unusually timed trades, resulting in huge gains. Read it here: unusualwhales.com/i_am_the_senat…

🤠 Bonus Callout:

dodford

A post shared by Daniel McMahon (@dodford)

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.

Rate of Return by Austin Hankwitz