4min chapter

This Week in Startups cover image

British pound crashes, Do Kwon's red notice, NASA's DART mission, TikTok nears US deal | E1570

This Week in Startups

CHAPTER

Trickledown Is Working for the People Who Don't Have to Work

A lot of young people have rih parents who will subsidize them and pay for their apartments, or buy a second apartment and give it to their kids. So trickledown has made that next generation not feel the need to go to work because they have inheritance is coming. Faitho: If we could bring in five million people a year to come work here, give them a path to productivity. It would really stimulate the economy. And yet, i mean, this are valle when they're jogly. We're talking about this like, ye, it's great for but it's not. This is terrible for innovation, economic growth.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode