kudos to
@rabois
for coming on at difficult moment for the co
its my job to hold guests accountable, but sometimes just a clip just gets tweeted. Entire interview worth a watch where Keith explains how opendoor has stress tested model & could survive (even thrive) in a downturn
🚨BREAKING: Airbnb to shut China business: sources
All listings in mainland China will be taken off platform this summer. Co will maintain an office in Beijing
Sources tell me China biz was costly & complex to operate…pandemic worsened issues & heightened impact
1/x
lyft's earnings call is one of the most painful calls i've ever listened to
analyst after analyst keeps asking them to quantify how much they're spending on driver incentives
lyft keeps avoiding... meanwhile, the company has lost a quarter of its value in after hrs
So... crypto's best use case is... gambling?
(truly not trying to dunk on anyone. i actually want the technology of crypto to work but why is this such a hard q?)
have u dunked on
@rabois
over the past week re opendoor?
he doesn't care and he's coming on to defend the biz model and company, which is down 80% this year
coming up on
@CNBCTechCheck
- investors r wondering: why doesnt ridesharing make $$ and is delivery a good biz?
- will be “hardcore” about costs (investments)
- market size irrelevant if doesnt translate into profits [!! -exclamations my own]
Asked
@LucidMotors
CEO Peter Rawlinson 3 times if the company is on track to produce 20k vehicles next year
He wouldn't answer. But shouldn't be that hard since SPAC presentation forecast 20k just a few months ago
Another Amazon exec departure
Tim Collins, VP of Global Amazon Logistics (at $AMZN for 15yr and 5 yr stints), goes to tech startup Gopuff to oversee operations & supply chain
GoPuff last valued at nearly $9b
CNBC may have a 40 minute time horizon, but ARK's is 5 years. Thanks for having us on
@CNBC
, we're happy to pay for your upgraded Zoom account. You can't be a knowledge worker without it! 😉
Jack Dorsey's departure bullish for
#bitcoin
?
.
@fundstrat
: "there isn't enough capital allocated toward crypto innovation, so it takes ppl like Jack Dorsey to really marshal focus and I don't think the space is overinvested yet"
Here are screenshots of Amazon.
Everything shaded in blue is an ad. No wonder they did $20B+ in ads last year.
That’s more than 2x the revenue for Snap, Twitter and Pinterest...combined.
Coronavirus-related strikes are on the rise
Today:
- Amazon workers walk off Staten Island warehouse at noon ET
- Instacart shoppers gearing up for nationwide strike, asking for hazard pay and safety gear
Workers/shoppers - DMs are open
Scoop: Amazon warehouse workers in Staten Island are planning a strike on Monday to demand protections for employees who continue to come to work amid the coronavirus outbreak.
They want Amazon to shut down JFK8 after an employee tested positive.
Zoom priced its IPO at $9.2 billion last year.
Its market cap surpassed $50 billion today, making it worth more than:
- GM
- Charles Schwab
- Biogen
- Dollar General
- more than 2 HP Inc's
- about 5 United Airlines
$ZM reports after bell tomorrow
this was admittedly a v strange answer
CEO/founder of crypto platform won't (can't?) answer which stablecoins are listed on his platform... calls them an excellent store of value (pegged to the USD?)
Deirdre Bosa (
@dee_bosa
) knocks it out of the park again, asking the actual hard questions that no crypto exchange CEO wants to answer: Stablecoins.
You know something is wrong with your platform when you don't even want to admit to listing certain known frauds on your exchange.
well...more questions than answers on
#tether
but appreciate
@bitcoinlawyer
&
@paoloardoino
coming on and take some tough questions
they say an audit (not attestation) is *months* away. we look forward to it and hope to have you back
ICYMI:
looking forward to this.
@Gfilche
was the first "youtube analyst" to show up on an earnings call when Musk took a q from him in 2018.
great voice on longer term outlook
TODAY: another TechCheck+ livestream coming at you!
On the back of $TSLA earnings, our
@dee_bosa
chats with HyperChange founder
@Gfilche
🛸
Come join at 9:45a PT/12:45p ET!
📍
After lots... and lots... of questions... tether execs will finally join us in a livestream tomorrow at 12:30p ET
Send me your questions/thoughts/concerns on $USTD ahead of my chat w
@paoloardoino
and
@bitcoinlawyer
For a company that's lost 85% of its value since its IPO and is trading near record lows...
Lyft's shareholder meeting lasted less than 15 mins and answered just 2 questions
For Amazon, more is more.
30 mins in and already have:
- new lineup of Echo devices
- 3 new Ring car products
- Tesla partnership
- Ring Always home camera (mini drone-like cam)