90 % of the value has been in financial derivative products on top of the woemanly arsont of value. The whole thing spockers, everybody who's participating in this knows they're gambling. Everybody's expecting returns that do not match the reality of returns historically. I have sympathy for the dopy people who take their life savings and gamble it. And i'm not saying the people running the virtual casino are more culpable. But let's be honest. Anybody buying something don't understand because they heard about it at a cocktail party or on a red emcee. They think you gong to double your money every seven years instead of 7%. That's the common
Back with a big Monday news show: Jason and Molly recap last week's All-In (2:09), before covering FTX's leaked financials (17:19), Amazon potentially going further into healthcare (40:34), and more M&A in the e-commerce space. (58:55) Then, Molly wraps the show by interviewing LAUNCH portfolio founder Arjun Shokeen, Founder and CEO of Swayed (1:11:27).
(0:00) J+M tee up today's topics!
(2:09) All-In recap, Climate Syndicate, and more
(16:10) Neo.Tax - Get $500 off R&D tax credit fees at https://neo.tax/twist
(17:19) FTX had its 2020 and 2021 audited financial results leaked to CNBC
(28:07) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
(29:26) How to frame crypto going forward, what is crypto's main product? Did the SEC miss the boat on crypto regulation?
(39:19) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups
(40:34) Amazon is reportedly bidding to acquire Signify Health
(58:55) M&A: eBay acquires trading card e-commerce platform TCGplayer for $295M
(1:11:27) Molly interviews Swayed Founder and CEO Arjun Shokeen