Stitch Fix and Market Dynamics

Today, Jason makes his first investment in our new Jay Trading segment (which is not investing advice), and Jason and Molly break it down (3:22). Then, we do a little segment called “Series A & M&A” (24:40)! We also cover Stripe’s 409A valuation (37:52). And of course, we have to cover the Netflix + Microsoft partnership (45:50). Finally, we wrap with Peloton outsourcing their hardware manufacturing (57:00).

(0:00) Jason and Molly tee up today’s show!

(3:22) Jay Trading: Bill Gurley bought ~1M shares of Stitch Fix yesterday for a total of $5.4M and the stock popped as much as 15% on the news

(14:17) Liquid I.V. - Feel better faster. Get 25% off at https://liquid-iv.com using promo code TWIST

(15:30) Talking revenue and profit

(23:18) Wealthfront - Get your first $5,000 managed for free, for life at https://wealthfront.com/TWIST

(24:40) Series A and M&A: You.com

(35:59) Harmonic - Get $4000 off at harmonic.ai/twist

(37:52) WSJ reports that Stripe just cut its internal valuation by 28%

(45:50) Netflix named Microsoft as its global advertising technology and sales partner 

(57:00) Peloton is going to stop making its own bikes and tread machines, opting to outsource all manufacturing to Taiwan 

(1:06:00) M&A: Battery Ventures announced a $3.8 billion raise

(1:15:07) Outro + Plugs