Peter teal thinks black rock is too woke, and he's ready to do something about it. Teal and fellow billionaire Bill Ackman are pouring money into a new fund manager that would urge companies to avoid taking political stands in opposition to those taken by black rock. Together, these three firms manage 20 trillion dollars in assets. So what do you think of this? Ah, this is a new fund called strive. Isn't going to make money? Or is it just for another one of his branding moments for peter teal?
Tesla halts production in Shanghai, Grindr flirts with going public, and Democrats get an edge at the FTC. Also, Peter Thiel sets his sights on BlackRock, because apparently it's too woke? Kara and Scott discuss the meltdown in cryptocurrencies and take a listener question about TikTok's management.
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