i went on c m b c squawk alley to talk about e s p n's new direct to consumer vidio offering, eventually became espn plus. Disney's stock was trading around 97 dollars a share at that time, with a hundred 60 billion dollar market cap. I probably still undervalued. But anyway, check out this two minute clip from mar 20 16. i hate listening to myself from back in the day, but let's have a liston here,. what my thinking was at the time, what is espn worth? Especially as they are beginning to continue to spend so much on rights, they are losing subscribers. How do you value a business like thatt?
In this rapid fire news episode, Jason covers a16z-backed Dfinity's crypto class action complaint (02:46), Snapchat and Twitter's massive earnings (19:33), the CCP considering turning it's ed-tech sector non-profit (34:15), Alphabet's new company (40:23), San Francisco's 17M sq. ft. of vacant office space (47:22), and then reflects on some old Disney+ predictions (58:28).