People under the age of 40 in 1980 controlled 19% of the nation's wealth. Now they control nine%. Education and housing have skyrocketed. Robin Hood will launch an independent media brand called Sherwood. It plans to focus on newsletters and social media at the start, but you could approach video and podcast down the line.
Kara and Scott discuss Microsoft layoffs, cryptocurrency’s surprising recovery, and Jacinda Ardern’s resignation. Plus, someone bought a Twitter bird statue for $100k, and it wasn’t Kara. Friend of Pivot Zoë Schiffer (@zoeschiffer) joins to discuss all of her recent Twitter reporting, including the work that went in to this week’s major New York Magazine story, which you can read here.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
Learn more about your ad choices. Visit podcastchoices.com/adchoices