Twitter is still free cash flow negative and they didn't see the advertising dollars rebound in June when they thought they would. It's something to, you know, are they getting ahead of themselves by paying out creators because they needed to or is it more about longevity here? We'll come back at the end of summer and talk about where these two platforms are. Then we'll move on to space.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com.
Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Crypto Lead Yassine Elmandjra. Together they discuss the SEC Ripple decision, the ongoing Threads and Twitter battle, and the economy of Space, including SpaceX.
Key Points From This Episode:
- SEC and Ripple
- Twitter vs. Threads
- Space Economy Update