Should I Short Coinbase?

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Sharp: I think the rails are going to come off the crypto space in 2023, which means the leading publicly traded company that would be impacted by that would be Coinbase. He says he's never shorted a stock but is considering it now after making so much money on Facebook. Sharp: They're trading at a $14 billion market cap ish and almost down 80% from a COVID peak of $78 billion in November 2021.

Producer Rachel joins Jason to break down the latest tech news. They cover AOC's arguments against banning TikTok (2:29), Alibaba's six-way split (18:43), Disney's metaverse cuts (28:17), Substack's equity crowdfunding (39:16), Lyft's precarious position, and more! (55:09) Then, Jason breaks down the case for shorting Coinbase. (1:12:14)

(0:00) Jason kicks off the show

(2:29) Reacting to AOC's arguments to not ban TikTok

(13:39) LMNT - Get a free sample pack with any purchase at http://drinklmnt.com/TWIST

(15:09) The CCP’s interest in TikTok

(18:43) Alibaba's six-way split

(26:49) Mercury - Banking built for startups. See more at https://mercury.com/twist

(28:17) Disney sunsetting its Metaverse division

(38:09) Crowdbotics - Get a free scoping session for your next big app idea at http://crowdbotics.com/twist

(39:16) Substack's equity crowdfunding

(55:09) Lyft's precarious position

(1:04:18) Twitter shutters legacy verification badges

(1:12:14) Laying out the Coinbase short argument