Binance signed a non-binding letter of intent to purchase FTX or as Jason calls them, letters of nothing. It has been whispered that Binance is quote, strongly leaning towards scrapping FTX rescue takeover after first glance at books. A lack of financial discipline was a major story in the operations of these exchanges and crypto projects. The people's eyebrow is out there called the people's eyebrow.
J+M start the show by breaking down the two biggest stories in tech: Meta's 13% RIF, impacting 11K employees (1:23) and the Binance/FTX fallout (19:21). Then, Homeward CEO Jenny Schneider joins Molly Wood for another edition of The Next Unicorns! (40:35)
(0:00) J+M tee up today's topics!
(1:23) Meta lays off 11K employees (13% of the company)
(14:20) LinkedIn Jobs - Post your first job for free at https://linkedIn.com/unicorn
(15:45) Alternative strategies for Meta
(19:21) Binance/FTX fallout
(28:14) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(29:40) Impact on crypto VC
(39:13) Coda - The all-in-one doc for teams, sign up for free at https://coda.io/twist
(40:35) Homeward CEO Jenny Schneider joins Molly Wood to break down why she started a company that provides healthcare services to rural areas in America
(49:15) Challenges for Homeward
(57:42) Breaking down Homeward's business model
FOLLOW Jenny: https://twitter.com/dr_jschneider
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood
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