Brad Gerstner's open letter to Zuck, Meta's lack of efficiency, Divvy Homes hit piece | E1594
This Week in Startups
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Failures and Follies: From Meta to Fyre Festival
This chapter explores the inefficiencies within Meta, contrasting it with Alphabet's successful management, while reflecting on how disappointment can lead to constructive criticism. Humorously, the speakers discuss the implications of names like 'Karen' and 'Ken', using pop culture references to critique the decision-making processes of figures like Mark Zuckerberg. The conversation also scrutinizes the dubious transition of the Fyre Festival site into a luxury crypto community, warning about the risks associated with NFT investments linked to infamous creators.
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